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 a significant move to boost electric vehicle (EV) sales, Ford has reintroduced a $1,500 UAW discount for its 2025 models.

Ford reintroduces $1,500 UAW discount for 2025 EV models

- August 5, 2024
In a significant move to boost electric vehicle (EV) sales, Ford has reintroduced a $1,500 United Auto Workers (UAW) discount for its 2025 models, including the F-150 Lightning and Mustang...
Headlines Articles
Rivian is set to report its Q2 earnings following a period of increased sales, cost-cutting measures, and a $5 billion investment.

Rivian to report Q2 earnings amid higher sales, cost cutting, and $5B Volkswagen investment

- August 5, 2024
Rivian is set to report its second-quarter earnings on August 6, following a period of increased sales, cost-cutting measures, and a substantial $5 billion investment from Volkswagen as part of...
Headlines Articles
Nissan has given the Frontier a refresh for 2025, introducing styling tweaks, new technology, and quality changes to enhance its appeal

Nissan Frontier 2025 refresh: enhanced features and upgraded appeal

- August 5, 2024
Nissan has given the Frontier a lighter refresh for 2025, introducing styling tweaks, new technology, and quality-of-life changes that enhance its appeal. While the Frontier's overall design remains largely the...
Headlines Articles
Announced by Governor Jay Inslee on August 1, the Washington State Instant Rebate program aims to make EVs more affordable.

Washington State launches EV rebate program for low-income residents

- August 5, 2024
Washington State has taken a major step towards increasing the adoption of electric vehicles (EVs) by launching a financial program for low-income residents. Announced by Governor Jay Inslee on August...
Headlines Articles
Today's episode of Inside Automotive, we have the pleasure of speaking with Peter Cooper, President and CEO of Lexus of Lehigh Valley.

Lexus of Lehigh Valley achieves record-breaking sales despite industry challenges, says CEO Peter Cooper

- August 5, 2024
Welcome to another episode of Inside Automotive with Jim Fitzpatrick. Today, we have the pleasure of speaking with Peter Cooper, President and CEO of Lexus of Lehigh Valley. As the...
Inside Automotive Management & Leadership
GM is overhauling its performance evaluation system for U.S. salaried employees to better reward high achievers and pressure underperformers

GM revamps employee performance ratings to reward top talent and pressure low performers

- August 2, 2024
General Motors (GM) is overhauling its performance evaluation system for U.S. salaried employees to better reward high achievers and pressure underperformers to either improve or leave. This strategic move aims...
Headlines Articles
Holman, a global leader in automotive services, has launched the first VinFast dealership in South Florida, located in Fort Lauderdale.

Holman opens first VinFast dealership in Fort Lauderdale

- August 2, 2024
Holman, a global leader in automotive services, has launched the first VinFast dealership in South Florida, located at 700 East Sunrise Boulevard in Fort Lauderdale. This new dealership, Holman VinFast...
Headlines Articles
The United Auto Workers (UAW) union endorsed Vice President Kamala Harris for U.S. president on Wednesday in the key swing state of Michigan.

UAW endorses Kamala Harris for president, bolstering campaign in Michigan

- August 1, 2024
The United Auto Workers (UAW) union endorsed Vice President Kamala Harris for U.S. president on Wednesday, a move expected to strengthen Harris’s campaign in the key swing state of Michigan....
Headlines Articles
The National Highway Traffic Safety Administration (NHTSA) is investigating defective airbag inflators in approximately 49 million cars.

NHTSA investigates defective airbag inflators in 49 million vehicles as potential recall looms

- August 1, 2024
The National Highway Traffic Safety Administration (NHTSA) is investigating defective airbag inflators in approximately 49 million cars from 13 manufacturers, which can explode and hurl shrapnel into drivers and passengers....
Headlines Articles
New Jersey is just one of the states phasing out the sale of new gas-powered cars by 2035. Jim Appleton explains these mandates further.

How dealers are facing unprecedented challenges via mandates and OEM inconsistencies – Jim Appleton | NJ CAR

- August 1, 2024
The state of New Jersey is just one of the states phasing out the sale of new gas-powered cars by 2035. So, on today's episode of Inside Automotive, we're getting...
Inside Automotive 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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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 
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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


CBT News
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