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

Japan's Mitsubishi is set to join an alliance with Honda and Nissan, creating a formidable partnership between automakers with combined sales

Mitsubishi to join alliance with Honda and Nissan, boosting combined sales of over 8 million vehicles

- July 29, 2024
According to the Nikkei newspaper, Japan's Mitsubishi is set to join an alliance with Honda and Nissan, creating a formidable partnership between automakers with combined sales exceeding 8 million vehicles....
Headlines Articles
The automotive industry is more competitive than ever. Dealerships must adopt a digital marketing strategy to attract/retain repeat buyers.

Cutting-edge automotive marketing strategies to boost dealership profitability

- July 29, 2024
There’s just no denying the fact that the automotive industry is more competitive today than ever before.  To succeed, dealerships must adopt a digital marketing strategy that embraces the ever-evolving digital...
Sales & Marketing 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

Weekly roundup: Biden withdraws from 2024 presidential race, Stellantis sees profit drop, GM raises forecast

- July 26, 2024
Earlier this week: Biden withdraws from 2024 race, endorses Harris amid growing demoratic pressure. Stellantis reports a steep decline in the first half profits amid production and market challenges. GM boosts...
Daily Automotive News Articles
Stellantis reported a decline in first-half net profit, attributed to reduced volumes, temporary production gaps, and lower market share

Stellantis reports a steep decline in first-half profits amid production and market challenges

- July 25, 2024
Auto giant Stellantis reported a significant decline in first-half net profit, attributed to reduced volumes, temporary production gaps, and lower market share in North America. The company, which owns well-known...
Headlines Articles
The editorial team at Autotrader evaluated the 2024 model-year electric cars in various aspects, including powertrains, features, and prices.

2024 marks ‘Year of More’ for EVs despite slow growth, according to Autotrader

- July 25, 2024
According to analysts at Cox Automotive, electric vehicle (EV) sales in the United States are experiencing slower growth this year but growth nonetheless. EVs have evolved from a niche market...
Headlines Articles
Rivian, direct to consumers

Rivian to face trial over alleged theft of Tesla trade secrets

- July 24, 2024
Electric car maker Rivian is set to go on trial over allegations that it encouraged former Tesla employees to steal trade secrets. This development follows a tentative ruling by Judge...
Headlines Articles
Hyundai's new $7.6 billion Metaplant in Georgia is set to produce its first EV later this year amid potential policy changes.

Hyundai braces for potential policy shifts as first EV rolls out from Georgia Metaplant

- July 23, 2024
Hyundai's new $7.6 billion Metaplant in Georgia is set to produce its first electric vehicle (EV) later this year, amid concerns over potential policy changes if Donald Trump is elected....
Headlines Articles
As the prices of used battery electric vehicles (BEV) decline, new car dealers have the opportunity to adapt to this changing market.

Adapting to declining used BEV prices

- July 23, 2024
As the prices of used battery electric vehicles (BEVs) decline, new car dealers have the opportunity to adapt to this changing market landscape. With the correct strategy, you can attract...
Fixed-Ops Articles
Registrations of Tesla cars in California fell 24% from April to June, marking the third consecutive quarter of declining sales.

Tesla’s California registrations drop 24% amid rising competition and high interest rates

- July 19, 2024
According to industry data released on Thursday, registrations of Tesla cars in California fell 24% from April to June, marking the third consecutive quarter of declining sales in the company’s...
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
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Toyota Mobility Foundation names innovators in clean freight as Detroit winners of Global Sustainable Cities Challenge

Baumann Auto Group
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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
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