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

Data study reveals opportunities for auto retailers to improve customer engagement and sales – Chase Abbott | Cox Automotive

- September 4, 2024
Data has been receiving a lot of attention lately, and businesses, including auto retailers, rely on it to boost their profits. However, many dealers, including myself, are unaware of how...
Featured Sales & Marketing
Today's Driving Solutions, we reconnect with Willie Beck, Co-Managing Partner at Bel Air Partners, to share insights into the industry

Willie Beck on M&A trends, OEM approvals, and market shifts within the industry

- September 4, 2024
In this latest episode of Driving Solutions, we reconnect with Willie Beck, Co-Managing Partner at Bel Air Partners. Beck shares valuable insights on the current landscape of mergers and acquisitions...
Driving Solutions Daily Automotive News
3D printing technology has revolutionized a number of industries by enabling the creation of complex structures with precision and efficiency

The role of 3D printing in automotive manufacturing

- September 4, 2024
3D printing technology, also known as additive manufacturing, has revolutionized any number of industries by enabling the creation of complex structures with unprecedented precision and efficiency. This technology involves building...
Daily Automotive News Articles
The UAW is securing wage increases and benefits at automotive supplier factories, driven by the negotiations inspired by UAW President.

UAW wins major wage gains at supplier plants, raising concerns among executives

- September 3, 2024
The United Auto Workers (UAW) is securing unprecedented wage increases and benefits at automotive supplier factories, driven by the hardline negotiations inspired by UAW President Shawn Fain. This success marks...
Headlines Articles
BMW is recalling 12,535 Mini Cooper SE electric vehicles due to potential battery defects that could lead to fires, according to the NHTSA.

BMW recalls electric Mini Cooper SE vehicles over battery overheating risk

- September 3, 2024
BMW is recalling 12,535 Mini Cooper SE electric vehicles due to potential battery defects that could lead to fires, according to documents filed with the National Highway Traffic Safety Administration...
Articles Headlines
Volkswagen has announced that it cannot rule out the possibility of closing plants in its home country, citing significant industry headwinds.

Volkswagen considers plant closures and ends job protection pledge amid industry pressures

- September 3, 2024
Volkswagen, one of Germany's automotive giants, has announced that it cannot rule out the possibility of closing plants in its home country, citing significant industry headwinds. This development also marks...
Headlines Articles
Join us on today’s episode of Inside Automotive as Bob Nardelli discusses his team of professionals who fix and grow companies

Bob Nardelli, former Chrysler Chairman, on state of the industry, EVs, inflation, interest rates & the 2024 election

- September 3, 2024
Bob Nardelli is widely recognized as one of the best operating executives in the United States. He has a proven track record of growing the sales and profits of several...
Featured Management & Leadership

Michael Wood on EV trends, Jaguar’s heritage shift, and innovative dealership strategies

- September 2, 2024
In this edition of Inside Automotive, Jim Fitzpatrick sits down with Michael Wood, General Manager of Jaguar, Land Rover, and Volkswagen divisions at Checkered Flag Auto Group. Wood shares his...
Inside Automotive Management & Leadership
GM has been ordered to face a class action lawsuit alleging the company knowingly sold thousands of vehicles with defective transmissions

GM faces class action over faulty transmissions, federal appeals court rules

- August 30, 2024
General Motors (GM) has been ordered by a federal appeals court to face a class action lawsuit alleging the company knowingly sold several hundred thousand vehicles with defective transmissions. The...
Headlines Articles
A new study from J.D. Power reveals that not all tech features are hitting the mark with consumers. The study uncovered a range of opinions.

J.D. Power study reveals drivers’ mixed feelings about high-tech features in 2024 Vehicles

- August 30, 2024
As automakers race to pack vehicles with advanced technology to compete with Tesla, a new study from J.D. Power reveals that not all tech features are hitting the mark with...
Headlines Articles

Latest Articles

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

Autonomous
Latest Articles 04/24/26

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


CBT News
Powered by  GDPR Cookie Compliance
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.