TSLA391.060-3.4%
GM77.7200.08%
F14.1800%
RIVN17.090-0.71%
CYD44.720-1.15%
HMC28.7700.88%
TM179.7602.84%
CVNA70.6400.05%
PAG204.7504.35%
LAD339.1607.79%
AN209.0005.46%
GPI331.65012.25%
ABG226.6608.23%
SAH102.8103.08%
TSLA391.060-3.4%
GM77.7200.08%
F14.1800%
RIVN17.090-0.71%
CYD44.720-1.15%
HMC28.7700.88%
TM179.7602.84%
CVNA70.6400.05%
PAG204.7504.35%
LAD339.1607.79%
AN209.0005.46%
GPI331.65012.25%
ABG226.6608.23%
SAH102.8103.08%
TSLA391.060-3.4%
GM77.7200.08%
F14.1800%
RIVN17.090-0.71%
CYD44.720-1.15%
HMC28.7700.88%
TM179.7602.84%
CVNA70.6400.05%
PAG204.7504.35%
LAD339.1607.79%
AN209.0005.46%
GPI331.65012.25%
ABG226.6608.23%
SAH102.8103.08%


CBT News

Look who TrueCar is teaming up with to attract more car buyers

- January 3, 2017
Consumer Reports claims it is financially independent from the products and services it evaluates. Its relationship with the car industry has become very close, however. The nonprofit has set up...
Sales & Marketing Daily Automotive News

How to drive more traffic to your website

- January 3, 2017
ESPN's Eric Johnson shares how to be on top of your dealership's game when it comes to digital marketing
Sales & Marketing Auto News

Is your dealership truly prepared for the next digital wave?

- December 26, 2016
Joe Gumm talks with Eric Brown, President of LotLinx Media Holdings
Management & Leadership Sales & Marketing

Do online car shoppers visit dealers more often?

- December 26, 2016
Consumers who spend more time car shopping online end up visiting dealerships more often. But those stays are relatively short. That’s according to an Accenture study that among other things compares...
Sales & Marketing Auto News

Do your amenities retain customers?

- December 26, 2016
Joe Gumm talks with Jeff Cowan host of Weekly Tune Up
Sales & Marketing Auto News

FTC makes a big move on recalled vehicles

- December 21, 2016
The public has long been wary of used cars and the claims of roadworthiness by the dealers who sell them. On Friday, the nation’s main advertising regulator issued a ruling...
Sales & Marketing Daily Automotive News

How to save valuable time in your F&I Department

- December 19, 2016
Management & Leadership F&I

What does it mean to have “clean ads” on Facebook?

- December 14, 2016
Glenn Pasch: What does it mean to have “clean ads” on Facebook?  
Sales & Marketing Tips & Training

Digital is new, but the old school way is still important

- December 13, 2016
Mark Tewart: Digital is new, but when it comes to telling customers “thank you”, the old school way is still very important.  
Sales & Marketing Tips & Training

What consumers want from your service department

- December 12, 2016
Sales & Marketing Fixed-Ops

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Ford files patent for smart tool tracking system in vehicles
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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.
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CBT News
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