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%


electric cars

Lion Electric

Lion Electric Company plans to help school districts procure electric buses

- May 2, 2022
Lion Electric Company said last week that it has plans to help school districts around the United States receive the funding needed to obtain zero-emissions school buses for their fleets. The Infrastructure...
Articles
Volkswagen

Volkswagen considers expanding Chattanooga plant to make room for EV production

- April 29, 2022
According to an inside source, Volkswagen is currently exploring the possibility of expanding its plant in Chattanooga, Tennessee, to accommodate the production of an electric pick-up truck and the much-anticipated...
Articles
Lucid sues texas

Lucid Group to provide Saudi Arabia 50,000 electric cars over the next decade

- April 28, 2022
California-based Lucid Group Inc. said this week that the government of Saudi Arabia has agreed to buy at least 50,000 Lucid vehicles throughout the next decade. Saudi Arabia, which owns over a...
Articles
TraXtion

Why car dealers can’t afford to overlook tire sales – David Boyle | CEO of TraXtion

- April 27, 2022
Welcome to another edition of Inside Automotive on the CBT Automotive Network. Tires are essential in everyday life, whether you're a car dealer or a consumer. So, as many dealership...
Fixed-Ops Publishing Partners
Ford

Ford takes on Tesla in race for electrified vehicle supremacy

- April 27, 2022
In what’s arguably the most anticipated EV release, Ford’s production for the electric F-150 Lightning is now underway. As the first units rolled off the assembly line, a celebration for...
Daily Automotive News Articles
Soelect

Lotte Chemical, Soelect join forces to expand electric car battery production in U.S.

- April 27, 2022
On Tuesday, South Korea’s Lotte Chemical and North Carolina-based electric vehicle battery maker Soelect announced they had signed a memorandum of understanding indicating a $200 million joint venture to create...
Articles Headlines
Tesla

Minister Nitin Gadkari renews offer for Tesla to make electric cars in India, no imports from China

- April 27, 2022
India’s Road Transport Minister Nitin Gadkari continues his push to get Tesla to produce vehicles in the country despite ongoing disagreements about a potential manufacturing plant and taxes. On Tuesday, Gadkari said,...
Articles
Kia Niro EV

First-quarter Kia sales drop 0.6%, operating profit climbs

- April 26, 2022
On Monday, South Korea-based Kia Corp released its first-quarter results and reported a slight drop in net profit and sales. Net profit ended at approximately $825 million (1.032 trillion won ₩). In...
Articles Headlines
electrified Corvette

Electrified Chevy Corvette coming next year, GM confirms

- April 25, 2022
For months, the question has been asked: "How long will it be until Chevy makes the Corvette electric?" On Monday, GM President Mark Reuss answered that question. An electrified version...
Daily Automotive News Articles

Honda reveals big plans for long-term electrification push

- April 14, 2022
In a recent briefing, Honda Motor Co. laid out its plans through 2030, including significant investments in the electrification of its products. The automaker will be dedicating $40 billion towards these efforts,...
Headlines Articles

Latest Articles

Ford files patent for smart tool tracking system in vehicles
Latest Articles 07/16/26

Ford files patent for smart tool tracking system in vehicles

Stellantis revives supplier program, JD Power sees transparency gains, Hyundai expands robotics strategy
Latest Articles 07/16/26

Stellantis revives supplier program, JD Power sees transparency gains, Hyundai expands robotics strategy

Bosch announces $225 million direct funding agreement with the U.S. Department of Commerce
Latest Articles 07/16/26

Bosch announces $225 million direct funding agreement with the U.S. Department of Commerce

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.
Latest Articles 07/16/26

Stellantis revives supplier rewards program to drive cost savings

Pricing transparency raises OEM website satisfaction, JD Power finds
Latest Articles 07/16/26

Pricing transparency raises OEM website satisfaction, JD Power finds

Hyundai takes full control of Boston Dynamics as robotics strategy accelerates
Latest Articles 07/16/26

Hyundai takes full control of Boston Dynamics as robotics strategy accelerates

Mitsubishi expands Texas port operations to speed dealer deliveries
Latest Articles 07/16/26

Mitsubishi expands Texas port operations to speed dealer deliveries

The AI platform capturing $10,000 a month in after-hours dealer revenue
Latest Articles 07/16/26

The AI platform capturing $10,000 a month in after-hours dealer revenue

Fighting payment anxiety in the F&I office with empathy and value
Latest Articles 07/16/26

Fighting payment anxiety in the F&I office with empathy and value

Mexico targets USMCA tariffs, Volkswagen expands affordable EVs, Lucid denies bankruptcy rumors
Latest Articles 07/15/26

Mexico targets USMCA tariffs, Volkswagen expands affordable EVs, Lucid denies bankruptcy rumors


CBT News
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