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 news

In today's episode of CBT Now, Phillips shares key insight into the future of the dealership landscape, hybrid/EV adoption, and leasing .

Urban Science’s Mitch Phillips on the U.S. Dealership Landscape

- September 16, 2024
In a recent interview, Mitch Phillips, Global Director of Data at Urban Science, delved into the mid-year Franchise Activity Report (FAR) findings. In today's episode of CBT Now, Phillips discusses...
CBT Now Daily Automotive News
The Biden administration has confirmed major tariff hikes on Chinese imports, including a 100% duty on EVs, to protect domestic industries

Biden admin increases Chinese EV tariffs, set to take effect on Sept. 27

- September 13, 2024
The Biden administration has confirmed significant tariff hikes on Chinese imports, including a 100% duty on electric vehicles (EVs), to protect domestic industries from China’s state-driven excess production capacity. The...
Headlines Articles
The UAW held a rally to emphasize that despite the Stellantis' financial commitments, significant job cuts are looming.

UAW rallies as Stellantis announces job cuts amid Michigan plant investments

- September 13, 2024
A day after Stellantis announced $406 million in investments across three of its Michigan plants, the United Auto Workers (UAW) held a rally to emphasize that despite the automaker's financial...
Headlines Articles
GM and EVgo are taking their partnership to new heights by announcing the deployment of 400 flagship fast charging stations.

GM and EVgo expand collaboration with 400 flagship EV charging stations nationwide

- September 13, 2024
General Motors (GM) and EVgo, one of the largest public fast charging networks in the U.S., are taking their partnership to new heights by announcing the deployment of 400 flagship...
Headlines Articles
EV registrations surged 18% in July compared to the same month last year, driven by the success of newer models like the Tesla Cybertruck

EV registrations surged 18% in July, boosted by Tesla Cybertruck and new models

- September 13, 2024
Electric vehicle (EV) registrations surged 18% in July compared to the same month last year, driven by the success of newer models like the Tesla Cybertruck and the Honda Prologue,...
Headlines Articles
In the first part of this four-part series, Anderson reveals how mastering the present and thriving on tough days can transform leadership

How dealers can master the moment and overcome adversity– Dave Anderson | LearnToLead

- September 13, 2024
In today's Inside Automotive, Jim Fitzpatrick welcomes back Dave Anderson, author, speaker, and president of LearnToLead, to dive deeper into key lessons from his book Elevate Your Excellence. In the...
Inside Automotive Management & Leadership
Stellantis is investing $406 million across three Michigan manufacturing plants to expand electric and hybrid vehicle production.

Stellantis invests $406M in Michigan plants to accelerate EV and hybrid production

- September 12, 2024
Stellantis is investing $406 million across three Michigan manufacturing plants to expand electric and hybrid vehicle production. The automaker, which owns Dodge, Chrysler, Jeep, and Ram, announced upgrades at the...
Headlines Articles
GM and Hyundai announced a strategic collaboration, focusing on vehicle development, supply chain efficiency, and clean energy technologies

GM, Hyundai to explore collaboration on EVs and clean energy

- September 12, 2024
General Motors (GM) and Hyundai Motor announced a strategic collaboration today, focusing on vehicle development, supply chain efficiency, and clean energy technologies. The automakers signed a non-binding memorandum of understanding...
Headlines Articles
Jeep and Ram dealers are pressing Stellantis to take more aggressive measures to reverse steep market share losses in the U.S.

Jeep and Ram dealers urge Stellantis to reverse market share losses

- September 12, 2024
Jeep and Ram dealers are pressing Stellantis to take more aggressive measures to reverse steep market share losses in the U.S., citing poor management decisions that have hurt sales. In a...
Headlines Articles
On today's Inside Automotive, we will discuss the latest EV headlines and what they might mean for dealers and consumers with Lauren Fix

How dealers navigate challenges and trends in the EV market – Lauren Fix | Car Coach Reports

- September 12, 2024
General Motors (GM) is cutting jobs, and criminals are cutting EV charging cables. In today's Inside Automotive episode, we will discuss the latest electric vehicle (EV) headlines and what they...
Inside Automotive Daily Automotive News


Latest Articles

FTC invites dealers to report potential pricing issues across the industry. Ford doubles down on U.S. Assembly as trade policies shift industry strategy. Carvana expands its dealership portfolio with a CDJR dealership in Ohio. New car sales drop 7.3% in April, but don't blame buyers. Cox Automotive to acquire Fullpath to expand AI-driven marketing.
Latest Articles 04/25/26

Weekly roundup: FTC wants dealers to report deceptive pricing, Ford boost U.S. assembly, Carvana expands dealership portfolio

Sale of stakes in Bugatti Rimac and Rimac Group marks latest move in Porsche CEO Michael Leiters' sweeping turnaround effort.
Latest Articles 04/24/26

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%
Latest Articles 04/24/26

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
Latest Articles 04/24/26

Toyota Mobility Foundation names innovators in clean freight as Detroit winners of Global Sustainable Cities Challenge

Baumann Auto Group
Latest Articles 04/24/26

Baumann Auto Group acquires Firelands Chevrolet of Norwalk in Ohio

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.
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.
Latest Articles 04/24/26

New car sales drop 7.3% in April, but don’t blame buyers

2026 Subaru Outback: Rugged evolution meets everyday practicality
Latest Articles 04/24/26

2026 Subaru Outback: Rugged evolution meets everyday practicality


CBT News
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