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

Tesla raises prices for some models as much as $6,000

- June 17, 2022
More and more auto companies are increasing the prices of their cars, mainly because of inflation and problems with delivering essential car parts. Tesla has made the news this week,...
Headlines Articles

Tesla makes up 70% of self-driving vehicle crashes in U.S. according to NHTSA

- June 17, 2022
According to data from U.S. auto safety regulators, Tesla is leading all self-driving cars in reported crashes for this last year. There have been many concerned parties expressing their grief...
Headlines Articles

Toyota focuses on fuel cell and hybrid vehicle manufacturing despite criticism

- June 16, 2022
Toyota is one of the largest companies in the auto industry, even without the production and manufacturing of electric vehicles. Critics have their eyes on Toyota for their lack of...
Headlines Articles
autonomous vehicles

Tesla CEO Elon Musk says Rivian and Lucid could be headed toward bankruptcy

- June 16, 2022
Tesla’s CEO, Elon Musk, chimed in with his opinion about the fate of Lucid and Rivian, two electric vehicle start-ups that have lost significant money. Elon Musk states that these...
Articles Headlines
Tesla

Tesla cuts 10% of workforce and cancels hiring events

- June 16, 2022
The global economy and steadily rising inflation are proving to be harmful to everyone, including the CEO of Tesla, Elon Musk. In fact, this CEO was almost certain the economy...
Headlines Articles

Automakers send letter requesting Congress to lift EV tax credit cap

- June 15, 2022
A recently written letter addressed to Congress urged lawmakers to omit or change the electric vehicle tax cap. Companies that produce electric vehicles currently get a EV tax credit of...
Headlines Articles
Mary Barra

General Motors CEO Mary Barra reveals more plans for the company’s EV future

- June 15, 2022
General Motors is making waves in the automotive industry as they defy odds and change plans to achieve higher production and sales. The current CEO, Mary Barra, had a lot...
Articles Headlines
Electric Last Mile Solutions

Commercial EV startup Electric Last Mile Solutions faces new financial challenges

- June 14, 2022
After a grueling start to the year, commercial electric vehicle company Electric Last Mile Solutions will cut its losses. On June 12, interim CEO and president Shauna McIntyre announced that...
Daily Automotive News Articles
ChargePoint

ChargePoint releases report highlighting electric mobility trends

- June 7, 2022
Electric vehicle infrastructure firm ChargePoint has recently released its 2022 Charging Forward Report. The company’s Chief Marketing Officer, Colleen Jansen, said the report “provides business, fleets, property owners, and drivers with...
Headlines Articles
Ford

Ford CEO Jim Farley hints at adjusting dealership model, might implement ‘multiple tiers of dealers’

- June 3, 2022
Ford Chief Executive Officer Jim Farley said at an Alliance Bernstein event that the electrification of the auto industry is “the most exciting land grab in our industry since the...
Articles Headlines

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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