TSLA375.9852.265%
GM77.860-0.66%
F12.355-0.125%
RIVN16.447-0.5032%
CYD41.760-0.11%
HMC24.305-0.175%
TM192.635-3.445%
CVNA404.0451.025%
PAG160.6400.64%
LAD274.995-1.395%
AN202.740-0.23%
GPI340.2200.44%
ABG202.7200.71%
SAH71.6300.41%
TSLA375.9852.265%
GM77.860-0.66%
F12.355-0.125%
RIVN16.447-0.5032%
CYD41.760-0.11%
HMC24.305-0.175%
TM192.635-3.445%
CVNA404.0451.025%
PAG160.6400.64%
LAD274.995-1.395%
AN202.740-0.23%
GPI340.2200.44%
ABG202.7200.71%
SAH71.6300.41%
TSLA375.9852.265%
GM77.860-0.66%
F12.355-0.125%
RIVN16.447-0.5032%
CYD41.760-0.11%
HMC24.305-0.175%
TM192.635-3.445%
CVNA404.0451.025%
PAG160.6400.64%
LAD274.995-1.395%
AN202.740-0.23%
GPI340.2200.44%
ABG202.7200.71%
SAH71.6300.41%


dealer life

retail automotive service departments performance pro forma compensation

How to become a better fixed-operations manager in your dealership

- October 6, 2020
Welcome to the first episode of Service Drive with Don Reed, a monthly CBT News series focused on automotive fixed-operations. Hosted by the celebrated trainer, speaker, and CEO of DealerPRO...
Featured Headlines
marketing

Why now is the time to lean into your dealership’s marketing strategy – John Fitzpatrick

- September 30, 2020
On today's show, we’re pleased to welcome back John Fitzpatrick, Co-Founder and CEO of Force Marketing to discuss the latest updates and news in the automotive industry with regards to...
Sales & Marketing Auto News
wildfires

How California auto dealers are grappling with the devastating wildfires

- September 24, 2020
This year, the California wildfires have been record-breaking and they continue to make headlines for widespread damage, deaths, and lowered air quality. As auto dealers and families in the area...
Management & Leadership Auto News
Gregory Baranco

MB dealer Gregory Baranco says ‘manufacturers need to step up’ their diversity efforts

- September 22, 2020
While there are over 18,000 dealers in the country, only 265 dealerships are owned by African Americans. The lack of black representation and the growth of diversity in automotive has...
Management & Leadership Auto News
marketing

Dealer Forward – Marketing Edition: Shifting Consumer Preferences

- September 15, 2020
Welcome to a special marketing edition of Dealer Forward. For years, dealer and technology partners have been working to bridge the ‘online to-in-store' experiences. Due to the COVID-19 pandemic, the...
Sales & Marketing Power Lunch
GoJo Auto

GoJo Auto Owner Amanda Gordon on Becoming the First African-American Woman to be a Licensed Dealer in Colorado

- September 4, 2020
The vehicle purchase process can be a daunting one for many consumers, but one used independent car dealer has made it her mission to change that with the “GoJo Experience”....
Management & Leadership Auto News
Annette Sykora

Annette Sykora Shares Her Journey in Automotive and Becoming NADA’s First Chairwoman

- September 1, 2020
Women continue to gain prominent leadership roles in automotive as the industry continues to evolve. Annette Sykora joined our show to talk about her journey in the industry. Annette was...
Management & Leadership Auto News
Jenell Ross

Jenell Ross on Creating More Opportunities for African-Americans in the Retail Auto Industry

- August 28, 2020
In the midst of racial injustice and suffering throughout the United States, businesses are turning their focus toward diversity and inclusion. Several retail automotive groups are taking a stand and...
Management & Leadership Auto News
service pickup and delivery

Is Your Dealership Charging for Service Pickup and Delivery?

- August 28, 2020
Retail automotive trends are constantly shifting so it’s important to stay up-to-date with the latest information and data so you don't miss out on any opportunities. Joining us with the...
Fixed-Ops Auto News
independent dealers

Independent Dealers Remain Positive Entering Third Quarter 2020

- August 24, 2020
Coming off the toughest sales climate in more than a decade, it could be argued that the auto industry should be expecting the worst situation as the second half of...
Sales & Marketing Auto News

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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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