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

Consumers looking to benefit from the $7,500 federal EV tax credit; leasing can also provide access to this substantial incentive.

Leasing an EV: A key to unlocking the $7,500 federal EV tax credit

- July 19, 2024
Consumers looking to benefit from the $7,500 federal EV tax credit don't necessarily have to purchase a new electric vehicle (EV); leasing can also provide access to this substantial incentive....
Headlines Articles
I’m Steve Greenfield from Automotive Ventures, and I’m glad that you could join us.It’s been a tough quarter for many of the legacy automakers. highways emissions

Are electric vehicles the future of planned obsolescence in the automotive industry?

- July 19, 2024
Welcome back to the latest episode of The Future of Automotive on CBT News, where we put recent automotive and mobility news into the context of the broader themes impacting...
Future of Automotive Featured
Mercedes-Benz and Starbucks have announced a collaboration to install fast electric vehicle chargers at 100 Starbucks locations.

Mercedes-Benz and Starbucks collaborate on EV charging stations along I-5

- July 18, 2024
Mercedes-Benz and Starbucks have announced a collaboration to install fast electric vehicle chargers at 100 Starbucks locations along Interstate 5, which spans the West Coast from Canada to Mexico. This...
Headlines Articles
Now that we’re halfway through the year, what are experts predicting, from sales numbers to EVs and other trends? Joe McCabe joins us.

Joe McCabe on sales trends, EV market evolution, and future automotive challenges

- July 18, 2024
Now that we’re halfway through the year, what are experts predicting, from sales numbers to EVs and other industry trends? Joining us on the recent episode of CBT Now with...
CBT Now Management & Leadership
The cost of vehicle ownership is on the rise, and one key factor is insurance rates. Tim Jackson joins us to discuss the industry's impact

How rising insurance rates are impacting vehicle ownership – Tim Jackson

- July 17, 2024
The cost of vehicle ownership is on the rise, and one key factor is insurance rates. On today's episode of Inside Automotive, Tim Jackson, the Former President and CEO of...
Inside Automotive Daily Automotive News
General M earningsotors General Motors’ ambitious goal of producing 1 million all-electric vehicles in North America by the end of 2025 is now uncertain.

GM’s 1 million EV production goal for 2025 in doubt, says CEO Mary Barra

- July 16, 2024
General Motors’ ambitious goal of producing 1 million all-electric vehicles in North America by the end of 2025 is now uncertain, according to comments made by CEO Mary Barra on...
Headlines Articles
As Stellantis prepares to launch new electric vehicle models this year, the automaker is offering buyers a home charging unit or $600.

Stellantis offers home charging unit or $600 credits with new EVs

- July 16, 2024
As Stellantis prepares to launch several new electric vehicle models this year, the automaker is offering buyers a choice between a home charging unit or $600 worth of charging credits...
Headlines Articles
Ford Pro is expanding its Ford Pro Insure to Maryland and Minnesota, to enhance fleet productivity for small and medium businesses.

Ford Pro expands commercial auto insurance to Maryland and Minnesota

- July 15, 2024
Ford Pro is expanding its commercial auto insurance offering, Ford Pro Insure, to Maryland and Minnesota. Underwritten by Ford Credit's insurance subsidiary and powered by Pie Insurance, Ford Pro Insure...
Headlines Articles
Hyundai Motor Company reported a more than 6% year-over-year decline in global vehicle sales, encompassing both Hyundai and Genesis brands.

Hyundai global sales decline over 6% in June as EV sales drop by double digits

- July 15, 2024
Hyundai Motor Company reported a more than 6% year-over-year decline in global vehicle sales for June, encompassing both Hyundai and Genesis brands. The month closed with 351,516 sales, leading to...
Headlines Articles
According to an analysis conducted by J.D. Power, EVs cost less to own than gas-powered cars over five years in nearly every U.S. state

EVs prove cheaper to own than gas cars over five years despite high initial costs

- July 15, 2024
Consumers worry about the high price of electric vehicles (EVs), but EVs cost less to own than similar gas-powered cars over five years in nearly every region of the U.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%
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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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