TSLA374.1250.405%
GM77.890-0.63%
F12.370-0.11%
RIVN16.555-0.395%
CYD41.340-0.53%
HMC24.345-0.135%
TM193.195-2.885%
CVNA406.1323.1124%
PAG160.7300.73%
LAD275.110-1.28%
AN203.3650.395%
GPI340.1600.38%
ABG202.1100.1%
SAH71.6600.44%
TSLA374.1250.405%
GM77.890-0.63%
F12.370-0.11%
RIVN16.555-0.395%
CYD41.340-0.53%
HMC24.345-0.135%
TM193.195-2.885%
CVNA406.1323.1124%
PAG160.7300.73%
LAD275.110-1.28%
AN203.3650.395%
GPI340.1600.38%
ABG202.1100.1%
SAH71.6600.44%
TSLA374.1250.405%
GM77.890-0.63%
F12.370-0.11%
RIVN16.555-0.395%
CYD41.340-0.53%
HMC24.345-0.135%
TM193.195-2.885%
CVNA406.1323.1124%
PAG160.7300.73%
LAD275.110-1.28%
AN203.3650.395%
GPI340.1600.38%
ABG202.1100.1%
SAH71.6600.44%


electric SUV

Kia has recalled 2,401 of its newly launched EV9 electric SUVs in the U.S. due to inadequate headliner protection during a crash.

Kia recalls over 2,000 EV9 electric SUVs due to inadequate headliner protection

- June 12, 2024
Kia has announced a recall for 2,401 of its newly launched EV9 electric SUVs in the U.S. due to inadequate headliner protection during a crash. This recall affects the 2024...
Headlines Articles
Ford CEO Jim Farley is determined to make electric vehicles (EVs) affordable and profitable, reminiscent of Henry Ford's Model T. Inspired by China’s successful EV strategy, Farley envisions Ford competing with top-tier manufacturers like BYD.

Ford CEO Jim Farley aims for affordable, profitable EVs

- June 4, 2024
Ford CEO Jim Farley is determined to make electric vehicles (EVs) affordable and profitable, reminiscent of Henry Ford's Model T. Inspired by China’s successful EV strategy, Farley envisions Ford competing...
Headlines Articles
The IONIQ 5 will be the first EV produced at Hyundai’s new $7.6 billion EV in Georgia, which will eligible for the EV tax credit.

Hyundai IONIQ 5 to gain $7,500 tax credit with U.S. production at new Georgia plant

- June 3, 2024
Hyundai's top-selling electric vehicle, the IONIQ 5, is set to become even more attractive to U.S. buyers. The IONIQ 5 will be the first EV produced at Hyundai’s new $7.6...
Headlines Articles
Genesis offered a sneak peek into what lies ahead for the expanding luxury brand with the Neolun, a brand-new all-electric concept vehicle.

Genesis unveils the ‘Neolun’ a new all-electric SUV concept

- March 27, 2024
On March 26, Genesis offered a sneak peek into what lies ahead for the rapidly expanding luxury brand with the Neolun, a brand-new, large, all-electric concept vehicle, ahead of the...
Headlines Articles
Lucid has ventured into the lucrative and competitive SUV industry with its debut, the Gravity, built on the same platform as its Air sedan.

Lucid unveils its electric Gravity SUV, offering 440 miles of range

- November 23, 2023
The California-based startup Lucid has ventured into the lucrative and fiercely competitive SUV industry with its debut offering, the Gravity, built on the same platform as its Air sedan. Lucid claims...
Articles Headlines
The 2025 Optiq, a small electric SUV, will join Cadillac's growing electric lineup for the upcoming model year.

Cadillac unveils new, small electric SUV, set for release in 2025

- November 17, 2023
The 2025 Optiq, a small electric SUV, will join Cadillac's growing electric lineup for the upcoming model year. The new model, which will be positioned beneath the mid-size Lyriq, is expected...
Headlines Articles
Porsche

Porsche teases its first electric SUV prototype, the 2024 Macan

- November 15, 2022
Porsche is readying for the release of its upcoming 2024 Macan Electric SUV, which the company says is less than two years away from total production. Journalists got a look at...
Headlines Articles

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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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Ford boosts U.S. assembly, Stellantis prioritizes turnaround strategy, Hyundai profit drops 24%
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Ford boosts U.S. assembly, Stellantis prioritizes turnaround strategy, Hyundai profit drops 24%

Toyota Mobility Foundation Names Innovators in Clean Freight as Detroit Winners of Global Sustainable Cities Challenge
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Baumann Auto Group
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Baumann Auto Group acquires Firelands Chevrolet of Norwalk in Ohio

Ford doubles down on U.S. assembly as trade policies shift industry strategy
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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.
Latest Articles 04/24/26

Stellantis to prioritize four core brands in turnaround strategy, sources say

Hyundai's profit drops 24% as tariffs, weak global demand persist 
Latest Articles 04/24/26

Hyundai’s profit drops 24% as tariffs, weak global demand persist 

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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2026 Subaru Outback: Rugged evolution meets everyday practicality

Autonomous
Latest Articles 04/24/26

Autonomous future back in focus as Waymo expands, Uber reinvests billions


CBT News
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