TSLA389.130-5.33%
GM76.790-0.85%
F14.115-0.065%
RIVN16.690-1.11%
CYD44.855-1.015%
HMC28.7250.835%
TM179.3702.45%
CVNA69.320-1.27%
PAG205.7705.37%
LAD338.8007.43%
AN208.5054.965%
GPI326.4407.04%
ABG226.5508.12%
SAH102.3802.65%
TSLA389.130-5.33%
GM76.790-0.85%
F14.115-0.065%
RIVN16.690-1.11%
CYD44.855-1.015%
HMC28.7250.835%
TM179.3702.45%
CVNA69.320-1.27%
PAG205.7705.37%
LAD338.8007.43%
AN208.5054.965%
GPI326.4407.04%
ABG226.5508.12%
SAH102.3802.65%
TSLA389.130-5.33%
GM76.790-0.85%
F14.115-0.065%
RIVN16.690-1.11%
CYD44.855-1.015%
HMC28.7250.835%
TM179.3702.45%
CVNA69.320-1.27%
PAG205.7705.37%
LAD338.8007.43%
AN208.5054.965%
GPI326.4407.04%
ABG226.5508.12%
SAH102.3802.65%


chip shortage

Keeping track of progress career goals Chris Saraceno

The struggles that strengthen us; Why we should embrace, and not fear, challenges

- July 9, 2021
Think about your favorite movie or book. Now, imagine that the hero or heroine was never faced with a challenge. Rocky doesn’t train very hard and still beats Apollo in...
Management & Leadership Articles
Troy Duhon

Premier Automotive Group’s Troy Duhon discusses his unique approach to acquiring used cars

- July 1, 2021
The inventory shortages that automotive retail is facing have forced many car dealers to become more creative in the way of sales and acquisitions. Joining us today is Troy Duhon,...
Management & Leadership Featured
remote service delivery

Why this Vermont car dealership decided to drop remote service delivery

- June 30, 2021
Remote service delivery is an operation that many car dealerships have instituted around the country, but one car dealership in Vermont decided to take a new approach. On today’s show,...
Management & Leadership Featured
inventory

Demand is high but low inventory will temper results, according to June 2021 forecast

- June 28, 2021
As June brings the first half of a historic 2021 to a close, the forecast for the month’s end remains largely positive. JD Power and LMC Automotive predict that retail...
Daily Automotive News Auto News
Serra

How Serra Automotive is positioning itself for an even more profitable future

- June 25, 2021
Serra Automotive ranks among the top 10 privately-held retail automotive groups in the nation. With 51 car dealerships, representing 63 auto franchises, our guest today certainly has his finger on...
Management & Leadership Featured
Roger Love

Should car dealers continue to pay top dollar for trade-ins or is it time to pull back?

- June 22, 2021
On the latest edition of Straight to the Point, host Frank J. Lopes is joined by Paul Machin, Head of Strategic Accounts at Black Book. Lopes gets straight to the point...
Headlines
Laurie Foster

Automotive retail consultant Laurie Foster on digital retailing, recruiting, and more

- June 18, 2021
On today’s show, we’re pleased to welcome Laurie Foster, Founder and CEO of Foster Strategies Group, an automotive retail consulting service for dealers, vendors and OEMs. Foster begins the conversation...
Management & Leadership Featured
age of vehicles

Average vehicle age blows past 12 years due to pandemic

- June 15, 2021
In the past year, the average age of vehicles in operation in the United States has crossed the 12-year threshold. According to IHS Markit data, the current average age of...
Daily Automotive News Articles
automakers

Which major automakers performed the best in May 2021?

- June 9, 2021
With automotive factories crippled by the chip shortage and closed showrooms, it would make sense to see passenger car and SUV sales dive, but that hasn’t been the case when...
Daily Automotive News Articles

The importance of monitoring your ad spend and finding the right messaging for your market – Kyle McCracken & Brent Durham, iFrog Marketing Solutions

- June 8, 2021
Like every other department in the car dealership, dealers are having to re-tool their marketing practices to compete in a post-COVID market. Today, we find out how one company is...
Sales & Marketing Articles


Latest Articles

Ford files patent for smart tool tracking system in vehicles
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Bosch announces $225 million direct funding agreement with the U.S. Department of Commerce
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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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Stellantis revives supplier rewards program to drive cost savings

Pricing transparency raises OEM website satisfaction, JD Power finds
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Hyundai takes full control of Boston Dynamics as robotics strategy accelerates
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CBT News
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