TSLA393.660-0.8%
GM77.240-0.4%
F14.1950.0149%
RIVN17.150-0.65%
CYD45.270-0.6%
HMC28.8350.945%
TM180.0603.14%
CVNA70.6900.1%
PAG206.3755.975%
LAD343.26011.89001%
AN209.2165.67629%
GPI328.3708.97%
ABG226.3257.895%
SAH103.2833.553%
TSLA393.660-0.8%
GM77.240-0.4%
F14.1950.0149%
RIVN17.150-0.65%
CYD45.270-0.6%
HMC28.8350.945%
TM180.0603.14%
CVNA70.6900.1%
PAG206.3755.975%
LAD343.26011.89001%
AN209.2165.67629%
GPI328.3708.97%
ABG226.3257.895%
SAH103.2833.553%
TSLA393.660-0.8%
GM77.240-0.4%
F14.1950.0149%
RIVN17.150-0.65%
CYD45.270-0.6%
HMC28.8350.945%
TM180.0603.14%
CVNA70.6900.1%
PAG206.3755.975%
LAD343.26011.89001%
AN209.2165.67629%
GPI328.3708.97%
ABG226.3257.895%
SAH103.2833.553%


carvana

Carvana

Carvana beats expectations in Q1, narrows losses in bid for profitable future

- May 5, 2023
Used car retailer Carvana has released its first-quarter earnings report and revealed a quarterly loss of $1.51 per share, resulting in an earnings surprise of 19.5% over Wall Street forecasts.  Additionally, Carvana...
Articles Headlines
debt plan Carvana

Carvana announces new debt plan and Q1 loss estimate

- March 24, 2023
On Wednesday, Carvana released an early loss estimate with its first quarter guidance, and shared a new debt plan which would significantly reduce its overall burden. According to the guidance updates,...
Articles Headlines
new restrictions

Carvana to continue operations in Illinois, but not without new restrictions

- January 26, 2023
Illinois and Carvana have reached an agreement that will allow it to continue its business in the state with new restrictions, after an investigation resulted in the suspension of its...
Articles Headlines
hostile takeover

Carvana takes defensive strategy, hopes to prevent hostile takeover

- January 24, 2023
Carvana has resorted to using the "poison pill" strategy to prevent a hostile takeover before it can resolve its financial problems. The "poison pill" refers to a series of defensive maneuvers...
Articles Headlines
Carvana Michigan license

Settlement between Carvana & Michigan leaves used car retailer without a state license

- January 16, 2023
Carvana claimed on Jan. 11 that it’s “back to business as usual." However, Michigan state regulators disagree, stating that the company’s Novi site is no longer a licensed dealership.  In an...
Articles Headlines
CarMax

CarMax joins Carvana in 2022 used vehicle woes as profits fall 86%

- December 26, 2022
CarMax has announced cuts to hiring and stock buybacks in an effort to recoup from a devastating third quarter. The company suffered an 86% profit decline in the last stretch of...
Articles Headlines

Citigroup shows tentative support for auto-retailer Carvana

- December 15, 2022
As analysts struggle to predict the future of the auto-retailer, Citigroup has labeled Carvana's stock as "neutral." The brand saw massive profits in 2021 as a result of economic shifts after...
Articles Headlines
debt, auto-retailer

Carvana seeking financial advice to manage billions in debt

- December 9, 2022
Carvana is seeking financial advice after a difficult year of stock crashes, sputtering demand and high debt. In 2020 the retail company witnessed a record breaking year thanks to a surge...
Articles Headlines
Carvana

Carvana stock in need of cash infusion, BofA reports

- December 2, 2022
According to Bank of America, the future of Carvana’s stock could go one of two ways. The online retailer is in need of more liquidity as it continues struggling to...
Articles Headlines
cars

Carvana stock downgraded to market perform at Cowen & Co.

- November 23, 2022
According to reports from CNBC, research analysts at Cowen & Co. downgraded Carvana from "outperform" to "market perform, based on the retailer’s significant debt load and unmet expectations so far...
Articles Headlines

Latest Articles

Stellantis revives supplier program, JD Power sees transparency gains, Hyundai expands robotics strategy
Latest Articles 07/16/26

Stellantis revives supplier program, JD Power sees transparency gains, Hyundai expands robotics strategy

Bosch announces $225 million direct funding agreement with the U.S. Department of Commerce
Latest Articles 07/16/26

Bosch announces $225 million direct funding agreement with the U.S. Department of Commerce

Stellantis to prioritize four core brands in turnaround strategy, sources say The automaker plans to shift funding toward Jeep, Ram, Peugeot, and Fiat while maintaining its broader portfolio. On the Dash: Expect increased product investment and marketing support for Jeep, Ram, Peugeot and Fiat. Regional and niche brands may see reduced volume but more targeted positioning and shared platforms. Platform-sharing and rebadging strategies could affect inventory mix and model differentiation. Stellantis will concentrate most of its investment on four core brands as CEO Antonio Filosa pushes a turnaround strategy set for release May 21, according to a Reuters exclusive. The automaker has identified Jeep, Ram, Peugeot, and Fiat as its priority brands. It will allocate a “material increase” in funding to them, driven by their stronger global sales and profitability, marking a shift away from the company’s previous approach of distributing investment more evenly across its portfolio. Sign up for CBT News’ daily newsletter and get the latest industry stories delivered straight to your inbox. Stellantis will retain its 14-brand lineup, the largest in the industry, and will not shut down underperforming marques. Instead, the company will reposition secondary brands such as Citroën, Opel and Alfa Romeo to operate in regional or niche roles. These brands will rely on shared platforms and technology developed by the core brands while maintaining distinct styling and market identity. The strategy comes as Stellantis works to regain market share in the United States and Europe while facing growing competition from Chinese EV makers. The company earlier reported a 22.2 billion-euro charge tied to scaling back its EV plans, underscoring the urgency of the strategic shift. Its market valuation has also declined significantly in recent months. To support the transition, Stellantis will expand its use of shared “multi-energy” platforms that support electric, hybrid and internal combustion (ICE) vehicles. Additionally, the company is evaluating rebadging strategies and joint development programs, including collaborations with its Chinese partner, Leapmotor. Executives and investors backing the plan expect the increased focus on core brands to improve efficiency and strengthen financial performance. Analysts say Stellantis could still consider further consolidation if results fall short of expectations. Meta description (140 characters) Stellantis to boost funding for Jeep, Ram, Peugeot and Fiat, shifting strategy while maintaining its 14-brand global portfolio.
Latest Articles 07/16/26

Stellantis revives supplier rewards program to drive cost savings

Pricing transparency raises OEM website satisfaction, JD Power finds
Latest Articles 07/16/26

Pricing transparency raises OEM website satisfaction, JD Power finds

Hyundai takes full control of Boston Dynamics as robotics strategy accelerates
Latest Articles 07/16/26

Hyundai takes full control of Boston Dynamics as robotics strategy accelerates

Mitsubishi expands Texas port operations to speed dealer deliveries
Latest Articles 07/16/26

Mitsubishi expands Texas port operations to speed dealer deliveries

The AI platform capturing $10,000 a month in after-hours dealer revenue
Latest Articles 07/16/26

The AI platform capturing $10,000 a month in after-hours dealer revenue

Fighting payment anxiety in the F&I office with empathy and value
Latest Articles 07/16/26

Fighting payment anxiety in the F&I office with empathy and value

Mexico targets USMCA tariffs, Volkswagen expands affordable EVs, Lucid denies bankruptcy rumors
Latest Articles 07/15/26

Mexico targets USMCA tariffs, Volkswagen expands affordable EVs, Lucid denies bankruptcy rumors

Your new car now comes with a camera pointed at your face. Europe just made it mandatory
Latest Articles 07/15/26

Your new car now comes with a camera pointed at your face. Europe just made it mandatory


CBT News
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