TSLA376.3002.58%
GM78.050-0.47%
F12.385-0.095%
RIVN16.520-0.43%
CYD42.2400.37%
HMC24.340-0.14%
TM192.320-3.76%
CVNA409.0506.03%
PAG160.4200.42%
LAD274.920-1.47%
AN203.0700.1%
GPI341.3901.61%
ABG203.0601.05%
SAH71.8400.62%
TSLA376.3002.58%
GM78.050-0.47%
F12.385-0.095%
RIVN16.520-0.43%
CYD42.2400.37%
HMC24.340-0.14%
TM192.320-3.76%
CVNA409.0506.03%
PAG160.4200.42%
LAD274.920-1.47%
AN203.0700.1%
GPI341.3901.61%
ABG203.0601.05%
SAH71.8400.62%
TSLA376.3002.58%
GM78.050-0.47%
F12.385-0.095%
RIVN16.520-0.43%
CYD42.2400.37%
HMC24.340-0.14%
TM192.320-3.76%
CVNA409.0506.03%
PAG160.4200.42%
LAD274.920-1.47%
AN203.0700.1%
GPI341.3901.61%
ABG203.0601.05%
SAH71.8400.62%


EV charging infrastructure

General Motors EV owners can now purchase a NACS DC adapter for $225, allowing them to charge at Tesla Supercharger stations.

GM launches adapter for Tesla Supercharger access, expanding EV charging options

- September 18, 2024
Starting today, General Motors (GM) is making a major move to expand charging options for its electric vehicle (EV) customers. GM EV owners can now purchase a North American Charging...
Headlines Articles
Hyundai is offering a free Level 2 home charger to buyers of the 2025 Ioniq 5 N, a high-performance electric vehicle.

Hyundai offers free level 2 home charger for 2025 Ioniq 5 N buyers

- September 6, 2024
Hyundai is offering a free Level 2 home charger to buyers of the 2025 Ioniq 5 N, a high-performance electric vehicle (EV) that boasts up to 641 horsepower and a...
Headlines Articles
The Biden administration announced a $521 million funding boost to expand EV charging infrastructure, set to deploy over 9,200 charging ports

Biden admin invests $521 million to expand EV charging infrastructure

- August 28, 2024
The Biden administration announced a $521 million funding boost to expand electric vehicle (EV) charging infrastructure, which will see the deployment of over 9,200 new charging ports across the United...
Headlines Articles
Temporary setbacks in consumer enthusiasm are attributed mainly to economic uncertainties and concerns about charging infrastructure.  

Electric vehicle charging infrastructure: challenges and solutions

- August 28, 2024
Despite a recent drop-off in consumer interest in electric vehicles (EVs), the long-term prospects for EV purchases remain positive. Temporary setbacks in consumer enthusiasm are attributed mainly to economic uncertainties...
Daily Automotive News Articles
A recent J.D. Power study shows Tesla remains the undisputed leader in the EV charging experience with its Supercharger network.

Tesla continues to dominate EV charging experience, leaving competitors behind

- August 15, 2024
According to a new study by J.D. Power, Tesla remains the undisputed leader in the electric vehicle charging experience. The study highlights Tesla’s dominance in both Level 2 and Level...
Headlines Articles
Volkswagen has significantly reduced the lease price for its 2024 ID.4 Standard, making it the most affordable yet, at just $219 per month.

Volkswagen slashes 2024 ID.4 lease prices to lowest ever

- August 9, 2024
Volkswagen has significantly reduced the lease price for its 2024 ID.4 Standard, making it the most affordable yet. The new lease rate is now just $219 per month for 36...
Headlines Articles
EV charging network ChargePoint recently achieved a significant milestone in its global expansion, reaching 1 million charging ports.

ChargePoint reaches 1 million charging ports amid global expansion

- July 26, 2024
EV charging network ChargePoint recently achieved a significant milestone in its global expansion, reaching 1 million charging ports across North America and Europe. Since its founding in 2007, ChargePoint has...
Headlines Articles
Mercedes-Benz and Starbucks have announced a collaboration to install fast electric vehicle chargers at 100 Starbucks locations.

Mercedes-Benz and Starbucks collaborate on EV charging stations along I-5

- July 18, 2024
Mercedes-Benz and Starbucks have announced a collaboration to install fast electric vehicle chargers at 100 Starbucks locations along Interstate 5, which spans the West Coast from Canada to Mexico. This...
Headlines Articles
Ionna has revealed its HQ will be in Durham, North Carolina, featuring a “Quarterback Lab” designed to address charging issues.

Ionna establishes headquarters in Durham, NC, to revolutionize EV charging infrastructure

- June 13, 2024
Late last year, seven major automakers—BMW, Honda, General Motors, Hyundai, Kia, Mercedes-Benz, and Stellantis—announced a joint venture to build accessible public DC fast charging infrastructure across the U.S. and Canada....
Headlines Articles
SAE, EV plug

Is Tesla’s EV plug closer to becoming an industry standard?

- June 28, 2023
In another step toward deploying the Tesla plug on all-electric vehicles, a major U.S. automaker organization has announced that it will set performance standards for Tesla's EV charging cords. Soon after...
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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Porsche sells Bugatti Rimac stakes as it shifts focus to gas, hybrid models

Ford boosts U.S. assembly, Stellantis prioritizes turnaround strategy, Hyundai profit drops 24%
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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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Ford doubles down on U.S. assembly as trade policies shift industry strategy
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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.
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
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Autonomous future back in focus as Waymo expands, Uber reinvests billions


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