TSLA375.8552.135%
GM77.860-0.66%
F12.356-0.1239%
RIVN16.430-0.52%
CYD41.760-0.11%
HMC24.305-0.175%
TM192.635-3.445%
CVNA404.0401.02%
PAG160.6700.67%
LAD274.995-1.395%
AN202.740-0.23%
GPI340.2200.44%
ABG202.7200.71%
SAH71.6300.41%
TSLA375.8552.135%
GM77.860-0.66%
F12.356-0.1239%
RIVN16.430-0.52%
CYD41.760-0.11%
HMC24.305-0.175%
TM192.635-3.445%
CVNA404.0401.02%
PAG160.6700.67%
LAD274.995-1.395%
AN202.740-0.23%
GPI340.2200.44%
ABG202.7200.71%
SAH71.6300.41%
TSLA375.8552.135%
GM77.860-0.66%
F12.356-0.1239%
RIVN16.430-0.52%
CYD41.760-0.11%
HMC24.305-0.175%
TM192.635-3.445%
CVNA404.0401.02%
PAG160.6700.67%
LAD274.995-1.395%
AN202.740-0.23%
GPI340.2200.44%
ABG202.7200.71%
SAH71.6300.41%


dealer life

AIADA

AIADA President Cody Lusk on how the Biden Administration will likely impact the auto industry

- January 19, 2021
As the COVID-19 pandemic persists, and the Biden administration enters the White House, many dealers are curious to know how new government leadership will impact the automotive industry. Recently, we...
Daily Automotive News Featured
marketing

4 automotive marketing essentials car dealers should prioritize this year – John Fitzpatrick, Force Marketing

- January 18, 2021
Today on CBT News, John Fitzpatrick, CEO of Force Marketing, joins the show to reflect on marketing in 2020. He also looks ahead to what marketing trends can be expected...
Sales & Marketing Auto News

7 crucial factors that will determine the success of automotive retail in 2021 – Jonathan Smoke, chief economist for Cox Automotive

- January 18, 2021
It’s predicted to be a big year in the auto retail industry. On today’s show, we’re pleased to welcome back Jonathan Smoke, chief economist for Cox Automotive to discuss the...
Daily Automotive News Featured
retail automotive service departments performance pro forma compensation

4 strategies to get the maximum effort from your entire team

- January 7, 2021
As the new year begins, dealers are looking to get maximum effort from their entire team. Celebrated trainer, speaker, and CEO of DealerPRO Training, Don Reed, dives into ways dealers...
Headlines

Dealer Forward: Tips to take into 2021

- January 4, 2021
Welcome to the special highlights of 2020 edition of Dealer Forward. This series has focused on all of the ways dealerships have successfully used technology processes and innovation to serve...
Featured Power Lunch
retail automotive service departments performance pro forma compensation

3 strategies dealers can use to improve customer service in the fixed-ops department

- December 17, 2020
On this episode of Service Drive, celebrated trainer, speaker, and CEO of DealerPRO Training, Don Reed dives into three different strategies for dealers to consider developing a higher level of service...
Headlines
Corina Diehl

Corina Diehl on building her auto group, digital retailing, attracting more females into the auto industry

- December 10, 2020
In 2007 Corina Diehl experienced the tragic loss of her husband and was left to pick up the pieces and run the business herself. Since then she has grown Diehl...
Management & Leadership Auto News

Dealer Forward – Digital Selling Edition: Embracing Strategies to Meet Customer Needs

- December 7, 2020
Welcome to the special digital selling edition of Dealer Forward. Throughout the course of this series, we've seen customer preferences continue to evolve, and how dealers are supporting customers as...
Sales & Marketing Power Lunch
marketing

Apply these automotive marketing methods now, to win big in December

- November 2, 2020
On today's show, we’re pleased to welcome back John Fitzpatrick, Co-Founder and CEO of Force Marketing to discuss the end of Q3 and the latest updates and news in the...
Sales & Marketing Auto News
Just Better Cars

Just Better Cars CEO Tony Harb on managing his inventory with private-party acquisition

- October 7, 2020
On today’s show, we’re very pleased to welcome Tony Harb, CEO of the independent dealership, Just Better Cars in Roseville, Calif. Harb joins us to discuss his partnership with VettX,...
Management & Leadership Sales & Marketing

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Sale of stakes in Bugatti Rimac and Rimac Group marks latest move in Porsche CEO Michael Leiters' sweeping turnaround effort.
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Baumann Auto Group
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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 to prioritize four core brands in turnaround strategy, sources say

Hyundai's profit drops 24% as tariffs, weak global demand persist 
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The latest JD Power-GlobalData forecast shows a decline in new car sales in April, but you can blame last year's tariff panic, not today's buyers.
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New car sales drop 7.3% in April, but don’t blame buyers

2026 Subaru Outback: Rugged evolution meets everyday practicality
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Autonomous
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Autonomous future back in focus as Waymo expands, Uber reinvests billions


CBT News
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