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

The Biden administration has announced plans to award nearly $1.1 billion in grants to GM and Stellantis to convert existing EV plants.

Biden administration awards $1.1 Billion to GM and Stellantis for EV plant conversions

- July 11, 2024
The Biden administration has announced plans to award nearly $1.1 billion in grants to General Motors (GM) and Stellantis to convert existing plants for electric vehicle and component production. This...
Headlines Articles
Toyota has invested in Ionna, a company committed to installing "at least 30,000 charging ports" across North America by 2030.

Toyota invests in Ionna to expand EV charging network across North America

- July 11, 2024
Toyota has joined forces with seven other automakers to invest in Ionna, a company committed to installing "at least 30,000 charging ports" across North America by 2030. This move aligns...
Headlines Articles
The NHTSA has issued a recall for certain models of the Lucid Air electric sedan manufactured between 2022 and 2024.

Lucid Air sedan faces a recall for safety issues

- July 11, 2024
The National Highway Traffic Safety Administration (NHTSA) has issued a recall for certain models of the Lucid Air electric sedan manufactured between 2022 and 2024 due to significant safety concerns....
Headlines Articles
IBAT has made a significant breakthrough in the clean-energy transition by being the first company to produce lithium commercially

IBAT achieves milestone in lithium production with novel filtration technology

- July 11, 2024
According to an exclusive Reuters report, International Battery Metals (IBAT) has made a significant breakthrough in the clean-energy transition by becoming the first company to produce lithium commercially using a...
Headlines Articles
On today's Inside Automotive episode, we sit down with Don Hall, the dynamic President and CEO of the Virginia Automobile Dealers Association.

Don Hall on industry challenges and regulatory hurdles

- July 3, 2024
On today's Inside Automotive episode, we sit down with Don Hall, the dynamic President and CEO of the Virginia Automobile Dealers Association. Known for his forthright approach and deep industry...
Inside Automotive Daily Automotive News
Optimizing your entire dealership—both fixed and variable operations—for Plug-in Hybrid Electric Vehicles is not just a choice but a necessity

Optimizing dealerships for the plug-in hybrid electric future

- July 3, 2024
In an era where sustainability and innovation reign supreme, optimizing your entire dealership—both fixed and variable operations—for Plug-in Hybrid Electric Vehicles (PHEVs) is not just a choice but a necessity....
Articles Daily Automotive News
A recent U.S. Supreme Court ruling limiting federal regulatory powers could hinder President Biden's initiative to reduce tailpipe emissions.

Supreme Court decision threatens Biden’s vehicle emissions cut efforts

- July 2, 2024
According to two environmental law attorneys, a recent U.S. Supreme Court ruling limiting federal regulatory powers could significantly hinder President Joe Biden's initiative to reduce tailpipe emissions from the nation’s...
Headlines Articles
The UAW and BMW have reached a tentative contract agreement for workers at BMW's regional distribution center in Palmer Township, Pa.

UAW and BMW reach tentative contract agreement with wage increases and two-tier system changes

- July 2, 2024
The United Auto Workers (UAW) and BMW have reached a tentative contract agreement for workers at BMW's regional distribution center in Palmer Township, Pennsylvania. This agreement, announced on June 29,...
Headlines Articles
BYD, the Chinese EV manufacturer, set a new monthly sales record in June, surpassing its previous highest result from December 2023.

BYD sets new sales record for plug-in EVs in June

- July 2, 2024
BYD, the Chinese electric vehicle manufacturer, set a new monthly sales record in June, surpassing its previous highest result from December 2023. The company sold 340,211 passenger plug-in cars last...
Headlines Articles
Whether in the market for a new car or managing a dealership, understanding the ins and outs of smart shopping can make all the difference. Here, we'll take a look at some strategies that support buyers in making informed decisions, as well as how dealers can implement seamless processes to enhance the shopping experience. 

Smart shopping: A guide for buyers and dealers alike

- July 2, 2024
Whether in the market for a new car or managing a dealership, understanding the ins and outs of smart shopping can make all the difference. Here, we'll take a look...
Sales & Marketing Articles


Latest Articles

Sale of stakes in Bugatti Rimac and Rimac Group marks latest move in Porsche CEO Michael Leiters' sweeping turnaround effort.
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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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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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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

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


CBT News
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