TSLA376.1802.46%
GM77.820-0.7%
F12.355-0.125%
RIVN16.405-0.545%
CYD41.9000.03%
HMC24.300-0.18%
TM192.570-3.51%
CVNA403.9950.975%
PAG160.7650.765%
LAD275.060-1.33%
AN202.840-0.13%
GPI340.7801%
ABG202.5100.5%
SAH71.6300.41%
TSLA376.1802.46%
GM77.820-0.7%
F12.355-0.125%
RIVN16.405-0.545%
CYD41.9000.03%
HMC24.300-0.18%
TM192.570-3.51%
CVNA403.9950.975%
PAG160.7650.765%
LAD275.060-1.33%
AN202.840-0.13%
GPI340.7801%
ABG202.5100.5%
SAH71.6300.41%
TSLA376.1802.46%
GM77.820-0.7%
F12.355-0.125%
RIVN16.405-0.545%
CYD41.9000.03%
HMC24.300-0.18%
TM192.570-3.51%
CVNA403.9950.975%
PAG160.7650.765%
LAD275.060-1.33%
AN202.840-0.13%
GPI340.7801%
ABG202.5100.5%
SAH71.6300.41%


EV news

CDK Global, a major software provider to auto dealerships in the U.S., has been hacked, forcing the company to shut down temporarily.

CDK Global cyberattack disrupts operations at 15,000 dealerships

- June 20, 2024
CDK Global, a major software provider to auto dealerships in the U.S., has been hacked, forcing the company to shut down most of its systems temporarily. This cyberattack effectively halted...
Headlines Event Coverage
On today's episode of CBT Now Tim Jackson showcases optimism about the future of flying cars and acknowledges challenges and uncertainties

The future of flying cars: A closer look at personal mobility – Tim Jackson

- June 20, 2024
How close are we to seeing the flying cars we've speculated about for centuries? In his recent book, Dude, where's my flying car? A fascinating look at the past, present,...
CBT Now Daily Automotive News
With the data discovered today, if a consumer has a connected car, take note that the more things change, the more they stay the same. 

The hidden cost of connected cars: Navigating data privacy in the automotive industry

- June 20, 2024
Growing up in an East Texas town of 1,200 people had its benefits. But, being a kid who drove a Gandini-designed Fiat X/1-9 in the land of muscle cars and...
Daily Automotive News Articles
The United Auto Workers are getting ready to step up their fight to meet their demands at the negotiating table with one month left before their contracts with the Big Three expire.

UAW workers at Ohio plant approve new contract with significant wage increases

- June 18, 2024
United Auto Workers (UAW) members at the Ohio plant supplying battery cells for General Motors' electric vehicles have overwhelmingly approved a new contract, marking a significant win for labor rights...
Headlines Articles
Toyota and local energy utility Pepco have joined forces to explore V2G technology using a Toyota bZ4X battery electric vehicle.

Toyota and Pepco collaborate on V2G research for EVs

- June 18, 2024
Toyota and local energy utility Pepco have joined forces to explore vehicle-to-grid (V2G) technology using a Toyota bZ4X battery electric vehicle (BEV). This initiative will investigate bidirectional power flow technology,...
Headlines Articles
The EV startup Fisker has filed for bankruptcy, marking the second time an automotive venture by car designer Henrik Fisker has gone bust.

Fisker files for bankruptcy amid struggles in EV Market

- June 18, 2024
The electric vehicle startup Fisker has filed for bankruptcy, marking the second time an automotive venture by car designer Henrik Fisker has gone bust. This filing comes roughly a year...
Headlines Articles
According to Recurrents recent study, EVs offer environmental benefits that can help reduce the affects extreme heat can have.

Recurrent study reveals the effects of extreme heat on EVs

- June 18, 2024
As the U.S. braces for brutal heat waves, new findings from battery range experts at Recurrent reveal how high temperatures impact the electric vehicle (EV) range. With a heat dome...
Headlines Articles
On today's episode of Inside Automotive, Tom Maoli, president and CEO of Celebrity Motor Car, shares the current market conditions.

Tom Maoli reveals insight into market trends, political implications, and business strategies

- June 18, 2024
According to Edmunds, BMW led U.S. luxury sales in the first quarter. As elections quickly approach, what implications will they have for the high-end luxury car market? On today's episode...
Inside Automotive Management & Leadership
Cole Frankman, Dealer Principal, has observed as the market grapples with high inflation, affordability has become a significant concern.

Dealer principal warns: affordability challenges loom for car buyers – Cole Frankman | Frankman Motor Company

- June 17, 2024
Independent dealers typically have a price advantage that is attractive to consumers, especially now as inflation remains high. Cole Frankman, Dealer Principal of Frankman Motor Company, joins us on today's...
Inside Automotive Management & Leadership
Stellantis has announced a series of software products and connected features to elevate customer mobility experiences and expand revenue

Stellantis unveils new software and connected features for its global lineup

- June 14, 2024
Stellantis, encompassing brands like Chrysler, Fiat, and Peugeot, has announced a series of software products and connected features to elevate customer mobility experiences and expand revenue from software and connected...
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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