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

John Luciano

Texas VW Dealer John Luciano on the Importance of a Strong CPO Program

- August 21, 2020
With all of the challenges presented to dealers by the Coronavirus, Street Volkswagen in Amarillo, TX decided to face them head-on and re-invest in their customer community. They offered free...
Management & Leadership Sales & Marketing
Dealer Forward

Dealer Forward – Silver Linings: Dealer Roundtable of Marketing, Fixed Operations, and Sales Playbooks

- August 20, 2020
  Welcome to another episode of Dealer Forward. Today’s panel discussion covers the Cox Automotive Marketing, Fixed Ops, and Sales Dealer Playbooks, and examines real dealer stories - what is working...
Management & Leadership Power Lunch
Sean Gardner

Sean Gardner on Converting Both Digital Leads and Unsold Customers

- August 11, 2020
In light of the COVID-19 pandemic, there are more digital opportunities for dealers and customers than ever before. Car buyers want to get as much of the shopping experience and...
Sales & Marketing Auto News
automotive newscast

CBT Automotive Newscast: July 15, 2020

- July 15, 2020
Today's Featured Interview: DealerPRO Training CEO Don Reed on Rebooting Your Fixed-Ops Department: With a shortage of technicians, strained advertising budgets, and a national pandemic, it can be tricky for dealers to...
Daily Newscast Headlines
Tony Caldwell

How the Auto Retail Industry Can Attract More Minority Dealers – Tony Caldwell, You Drive Auto

- July 14, 2020
During these unprecedented times, the Coronavirus pandemic and the nationwide protests for racial equality have tested the automotive industry. It has forced its leaders, governing bodies, OEMs, and dealers to...
Management & Leadership Daily Newscast
Paul Cummings

Auto Retail Veteran Paul Cummings on Triumphing Over Adversity

- July 13, 2020
Obstacles in business and in life can either shut you down or wake you up. Most dealers have faced challenges from the Coronavirus head-on and used their passion and ingenuity...
Management & Leadership Auto News
Gaudin Ford

How Gaudin Ford is Bringing Remote Business to Customers’ Homes

- July 13, 2020
Las Vegas, Nevada is largely an island unto itself, and in a city so reliant on tourism, the COVID-19 virus created an economic black hole that was not conducive to...
Management & Leadership F&I

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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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Autonomous
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CBT News
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