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

Traditionally slow to embrace EVs, Toyota is now taking steps to transition most of its Toyota and Lexus models to hybrid-only versions

Toyota shifts focus to hybrid-only lineup, challenging industry’s EV-only future

- August 15, 2024
Traditionally slow to embrace electric vehicles (EVs), Toyota is now taking bold steps to transition most, if not all, of its Toyota and Lexus models to hybrid-only versions. This move...
Headlines 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
As the push for sustainability in the auto industry intensifies, hybrids have become crucial in the transition to greener transportation

Hybrid vehicles and the push for sustainability: trends and challenges in 2024

- August 15, 2024
As the push for sustainability in the automotive industry intensifies, hybrids have become crucial in the transition to greener transportation. In 2024, the advancements in hybrid technology, government incentives, consumer...
Articles Daily Automotive News
BMW has introduced a new feature to its app, Electric Vehicle Analysis, designed to help drivers of gas BMWs evaluate switching to an EV.

BMW introduces app feature to ease range anxiety and boost EV adoption

- August 13, 2024
BMW reported near-record electric vehicle (EV) sales in the United States for the second quarter of 2024, and the company is now leveraging technology to encourage more gas-powered car owners...
Articles Headlines
Donald Trump used a conversation with Elon Musk on Monday night to rally the Tesla CEO's followers to support his presidential campaign.

Trump rallies supporters from Musk’s followers as Tesla CEO defends EVs

- August 13, 2024
Donald Trump used a conversation with Elon Musk on Monday night via the social media platform X (formerly Twitter) to rally the Tesla CEO's followers to support his presidential campaign. However,...
Headlines Articles
Keeping up with trends, tech advancements, and consumer shifts is crucial for auto pros to stay competitive. Here are key 2024 developments.

Emerging trends in the automotive industry: Predictions for the second half of 2024

- August 13, 2024
Staying updated on emerging trends, technological advancements, changing consumer preferences, and global economic shifts is crucial for automotive industry professionals who aim to remain competitive and foster innovation. Here, we...
Daily Automotive News Articles
European automakers are adopting varying strategies to navigate the evolving automotive landscape, particularly in the U.S. market.

Europe’s automakers take diverging paths on EVs and hybrids as U.S. market challenges persist

- August 12, 2024
European automakers are adopting varying strategies to navigate the evolving automotive landscape, particularly in the U.S. market, where consumer preferences and regulatory pressures continue to influence decisions. Volkswagen, a leader in...
Headlines Articles
On today’s episode of Inside Automotive, we’re joined by Lauren Fix, the Founder of Car Coach Reports, to share insights on the EV market. 

Key challenges and future trends in the U.S. EV market with Car Coach Lauren Fix

- August 12, 2024
Despite initial interest and adoption, the U.S. EV market still faces significant challenges that could hinder its growth. On today’s episode of Inside Automotive, we’re joined by Lauren Fix, the...
Inside Automotive Daily Automotive News
Today, we're joined by Stewart Stropp, Executive Director for EV Intelligence at J.D. Power, to discuss a surprising revelation with EVs.

J.D. Power reveals EVs cost less to own over 5 years compared to gas cars in nearly every U.S. state

- August 12, 2024
Welcome to another edition of CBT Now on the CBT Automotive Network, where we dive into the latest insights shaping the automotive industry. Today, we're joined by Stewart Stropp, Executive...
CBT Now Daily Automotive News
The latest JD Power survey has once again underscored the ongoing dissatisfaction with OEM infotainment systems.

CarPlay remains the top infotainment choice

- August 12, 2024
The latest JD Power survey has once again underscored the ongoing dissatisfaction with OEM infotainment systems, with Apple CarPlay emerging as the preferred choice among consumers. Despite improvements in overall vehicle satisfaction...
Articles Daily Automotive News


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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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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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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


CBT News
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