TSLA377.0303.31%
GM77.990-0.53%
F12.385-0.095%
RIVN16.465-0.485%
CYD41.9800.11%
HMC24.305-0.175%
TM192.350-3.73%
CVNA408.8455.825%
PAG161.2051.205%
LAD274.435-1.955%
AN202.755-0.215%
GPI340.2950.515%
ABG203.4201.4101%
SAH71.8900.67%
TSLA377.0303.31%
GM77.990-0.53%
F12.385-0.095%
RIVN16.465-0.485%
CYD41.9800.11%
HMC24.305-0.175%
TM192.350-3.73%
CVNA408.8455.825%
PAG161.2051.205%
LAD274.435-1.955%
AN202.755-0.215%
GPI340.2950.515%
ABG203.4201.4101%
SAH71.8900.67%
TSLA377.0303.31%
GM77.990-0.53%
F12.385-0.095%
RIVN16.465-0.485%
CYD41.9800.11%
HMC24.305-0.175%
TM192.350-3.73%
CVNA408.8455.825%
PAG161.2051.205%
LAD274.435-1.955%
AN202.755-0.215%
GPI340.2950.515%
ABG203.4201.4101%
SAH71.8900.67%


EV news

Volvo has announced a delay in the launch of its smallest and most affordable electric vehicle (EV), the EX30, in the U.S.

Volvo delays launch of EX30 in the U.S. to 2025 amid production ramp-up in Belgium

- June 27, 2024
Volvo has announced a delay in the launch of its smallest and most affordable electric vehicle (EV), the EX30, in the U.S. Initially expected to arrive by the end of...
Headlines Articles
Ford announced that it is recalling 668,000 F-150 pickup trucks worldwide from the 2014 model year due to a transmission defect

Ford recalls 668,000 F-150 pickup trucks over transmission issues

- June 26, 2024
Ford announced that it is recalling 668,000 F-150 pickup trucks worldwide from the 2014 model year due to a transmission defect that can cause the vehicle to unexpectedly downshift into...
Headlines Articles

Braving the electric storm: Preparing for a potential drop in EV sales

- June 26, 2024
If you noticed, some troubling but unsurprising news for the electric vehicle market e emerged from Europe on Tuesday. First, Porsche Taycan prices collapsed, which won't surprise any US Porsche...
Articles Daily Automotive News
Tesla's NACS support webpage team lists Mercedes among other automakers in its "coming soon" section, indicating future access to its Supercharger

Tesla’s Supercharger access for Mercedes and other automakers delayed amid team reorganization

- June 25, 2024
Tesla's NACS support webpage now lists Mercedes-Benz among other automakers in its "coming soon" section, indicating future access to Tesla's Supercharger network. However, Tesla is reorganizing its charging team under...
Headlines Articles
Rivian, the electric vehicle startup, is making significant strides in reducing production costs as it aims to turn its first profit.

Rivian slashes costs to drive toward profitability

- June 25, 2024
Rivian, the luxury electric vehicle (EV) brand, is making significant strides in reducing production costs as it aims to turn its first profit. CEO and founder RJ Scaringe highlighted that...
Headlines Articles
GMs' Cruise unit has been fined the maximum penalty by the California Public Utilities Commission for failing to provide complete information

California regulators impose maximum penalties on GM Cruise for withholding accident information

- June 24, 2024
General Motors' Cruise unit has been fined the maximum penalty by the California Public Utilities Commission (CPUC) for failing to promptly provide complete information regarding an accident involving one of...
Headlines Articles
EV registrations in the U.S. saw significant growth in April 2024, driven by drastic price cuts and incentives, saving over $10k.

Ford, Rivian, and Toyota drive April EV registration growth in the U.S.

- June 21, 2024
Electric vehicle (EV) registrations in the U.S. saw significant growth in April 2024, driven by drastic price cuts and incentives leading to over $10,000 in savings on some models. According...
Headlines Articles
Honda recall side-view mirrors | The NLRB has accused Honda of violating workers' rights at its Greensburg, Indiana factory by illegally suppressing union organizing efforts.

Honda was accused of violating workers’ rights amid union organizing efforts

- June 21, 2024
The National Labor Relations Board (NLRB) has accused Honda of violating workers' rights at its Greensburg, Indiana factory by illegally suppressing union organizing efforts. According to an NLRB spokeswoman, the...
Headlines Articles

Toyota recalls 145,000 Grand Highlander and Lexus TX vehicles over airbag deployment issues

- June 21, 2024
Toyota has announced a noncompliance safety recall affecting approximately 145,000 model year 2024 Toyota Grand Highlander and Lexus TX vehicles in the U.S.  The recall addresses a critical issue with the...
Headlines Articles
North America's EV battery manufacturing capacity is set to expand in the coming years, setting the stage for widespread electrification

North America’s EV battery manufacturing capacity is set to quadruple by 2030

- June 21, 2024
North America's electric vehicle (EV) battery manufacturing capacity is set to expand dramatically in the coming years, setting the stage for widespread electrification. According to Argonne National Laboratory's latest forecast,...
Headlines 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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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
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Autonomous future back in focus as Waymo expands, Uber reinvests billions


CBT News
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