TSLA373.720-13.79%
GM78.520-0.48%
F12.480-0.15%
RIVN16.950-0.79%
CYD41.870-0.72%
HMC24.480-0.14%
TM196.080-4.35%
CVNA403.000-13.79%
PAG160.0000.53%
LAD276.390-0.19%
AN202.970-0.41%
GPI339.780-2.08%
ABG202.010-0.44%
SAH71.2200.2%
TSLA373.720-13.79%
GM78.520-0.48%
F12.480-0.15%
RIVN16.950-0.79%
CYD41.870-0.72%
HMC24.480-0.14%
TM196.080-4.35%
CVNA403.000-13.79%
PAG160.0000.53%
LAD276.390-0.19%
AN202.970-0.41%
GPI339.780-2.08%
ABG202.010-0.44%
SAH71.2200.2%
TSLA373.720-13.79%
GM78.520-0.48%
F12.480-0.15%
RIVN16.950-0.79%
CYD41.870-0.72%
HMC24.480-0.14%
TM196.080-4.35%
CVNA403.000-13.79%
PAG160.0000.53%
LAD276.390-0.19%
AN202.970-0.41%
GPI339.780-2.08%
ABG202.010-0.44%
SAH71.2200.2%


eLend Solutions

Pete MacInnis, CEO of eLEND Solutions, had the opportunity to sit down with CBT News anchor Jim Fitzpatrick at the 2024 NADA Show.

Live Replay NADA Show 2024: Pete MacInnis | eLEND Solutions

- February 6, 2024
Jim Fitzpatrick, CBT News anchor, caught up with Pete MacInnis, CEO of eLEND Solutions, during the 2024 NADA Show. Catch all of CBT News' coverage of the 2024 NADA Show here.
Event Coverage
Peter Macinnis, the founder and CEO of eLend Solutions, discusses how dealers are using transparency to close the trust gap with customers. 

How dealers can bridge the gap in customer trust – Pete MacInnis | eLEND Solutions

- November 1, 2023
Most dealers are growing to be apprehensive due to discussions surrounding the UAW union strikes against the Big Three, interest rates, inflation, and a faltering economy. Even consumers are hesitant...
Event Coverage
Digital retailing is about efficiency, which incorporates both speed and quality to enhance the overall car buying experience.

Does speed hurt quality? Taking a closer look at digital retailing

- July 7, 2023
Somewhere between the so-called “normal,” “COVID normal,” and “new normal,” we got it into our heads that it’s okay to be an order taker. That customers were so obsessed with...
Sales & Marketing Articles
pain points

Pain Points: Buyers have changed and dealers should too

- March 7, 2023
Dealers understand the importance of excellent customer service more than anyone. But under the influences of technological advancements and financial crises, consumer needs have transformed faster than retailers can accommodate....
Sales & Marketing Articles

Best practices for improving efficiency and transparency in digital retailing — Pete MacInnis, eLEND Solutions

- February 9, 2023
The last two years have been transformative for the auto industry, and 2023 promises to be no different. With the proliferation of digital retail, dealers are anxious to earn revenue...
Daily Automotive News Featured
ID verification ID fraud, digital security

The best ways to crack down on ID fraud at your car dealership — Pete MacInnis | eLEND Solutions

- November 7, 2022
In the first edition of Fraud in the Modern Auto Retailing Age with Pete MacInnis, CEO of eLEND Solutions, we shared how eLEND’s ID scanning technology played a critical role in...
F&I Inside Automotive
ID scanning fraud

How auto dealers can spot identity fraud and prevent it in the future — Pete MacInnis & Sergeant Darren Schlosser

- October 12, 2022
Recently, CBT News did a segment on Inside Automotive about new ID scanning technology that played a critical role in helping the Houston Police Department catch fraud suspects trying to...
F&I Inside Automotive
ID fraud

How car dealers can protect themselves against ID fraud — Pete MacInnis | eLEND Solutions

- September 22, 2022
ID scanning and verification devices from eLEND Solutions are catching criminals in the act, preventing fraudulent purchases, and helping local police. Today on Inside Automotive, Pete MacInnis, Founder and CEO...
F&I Inside Automotive

What is the future of digital retailing in a post-pandemic world? – Pete MacInnis | eLEND Solutions

- June 27, 2022
Welcome to another edition of Inside Automotive with Jim Fitzpatrick. Our guest today is Pete MacInnis, CEO of eLEND Solutions, who is here to discuss digital retailing in a post-pandemic environment.  COVID-related...
Sales & Marketing Publishing Partners

Speed up the car buying process with better digital finance capabilities — Pete MacInnis | eLEND Solutions

- March 21, 2022
Recently, at the 2022 NADA Show in Las Vegas, anchor Jim Fitzpatrick caught up with Pete MacInnis, founder and CEO of eLEND Solutions, to talk about the disconnect between online...
Daily Automotive News


Latest Articles

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

Ford doubles down on U.S. assembly as trade policies shift industry strategy

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

Tesla is winning the self-driving race – so why is Washington trying to slow it down?
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Cox Automotive to acquire Fullpath to expand AI-driven marketing, data capabilities
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Detroit 3 release CEO pay, Tesla bets big on self-driving tech, Near-new used car sales soar
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Tesla boosts AI spending, Amazon Autos expands, Rivian ramps R2 production

Tesla ramps up AI spending to $25B, signals near-term cash pressure
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Tesla ramps up AI spending to $25B, signals near-term cash pressure


CBT News
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