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

GM reported a 34.5% decline in 2025 Q2 net income to $1.9 billion, primarily due to tariffs, warranty costs, and EV inventory adjustments

GM profits fall 35% in Q2 despite strong U.S. sales

- July 22, 2025
General Motors reported a 34.5% decline in second-quarter 2025 net income to $1.9 billion, primarily due to tariffs, warranty costs, and EV inventory adjustments. Total revenue for the quarter came...
Headlines Articles
Tesla

Tesla settles Louisiana direct sales lawsuit

- July 22, 2025
Tesla settled a lawsuit on Monday against the state of Louisiana and several auto dealerships and trade groups. The electric vehicle company challenged the state's 2017 ban on direct sales...
Articles Headlines
Rolls-Royce announced a $75 million investment to expand its engine manufacturing facility in Aiken, South Carolina.

Rolls-Royce invests $75 million to expand South Carolina engine plant

- July 21, 2025
British automaker Rolls-Royce announced a $75 million investment to expand its engine manufacturing facility in Aiken, South Carolina, aimed at increasing production of its MTU Series 4000 engines. These engines...
Headlines Articles
Mitsubishi updates 2026 lineup

Mitsubishi refreshes 2026 lineup with Outlander hybrid, PHEV upgrades

- July 21, 2025
Mitsubishi Motors has announced updates to its 2026 model-year lineup, led by a new mild-hybrid powertrain for the Outlander, a mid-cycle refresh of the Outlander Plug-in Hybrid Electric Vehicle (PHEV),...
Articles Headlines
JLR is facing a turbulent period as the automaker grapples with steep U.S. tariffs, declining sales, and delays in its EV launch

JLR hit by falling sales, tariffs, and job cuts amid EV delays

- July 18, 2025
Jaguar Land Rover (JLR) is facing a turbulent period as the automaker grapples with steep U.S. tariffs, declining sales, and delays in the launch of its electric vehicles. In the...
Headlines Articles
Rivian is continuing its strategic expansion with a new East Coast headquarters set to open in Atlanta by late 2025.

Rivian to open East Coast headquarters in Atlanta near new EV plant

- July 18, 2025
Rivian is continuing its strategic expansion with a new East Coast headquarters set to open in Atlanta by late 2025. Announced alongside Georgia Gov. Brian Kemp and Atlanta Mayor Andre...
Headlines Articles
Uber announced a partnership to launch more than 20,000 robotaxis over the next six years in collaboration with EV startup Lucid and Nuro.

Uber partners with Lucid to launch 20,000 robotaxis in six years

- July 17, 2025
Uber announced a partnership to launch more than 20,000 robotaxis over the next six years in collaboration with EV startup Lucid and autonomous vehicle startup Nuro. As part of the...
Headlines Articles
Scout Motors is urging the U.S. Department of Justice to eliminate state motor vehicle franchise laws, Colorado

Scout Motors urges DOJ to eliminate franchise laws blocking direct sales

- July 17, 2025
Scout Motors, a Volkswagen Group subsidiary, is urging the U.S. Department of Justice to eliminate state motor vehicle franchise laws, describing them as “burdensome restrictions on competition.” In a letter...
Articles Headlines
GM and Redwood team up to build grid-scale battery storage using new and second-life EV batteries to meet surging U.S. energy demand.

GM and Redwood Materials to build grid-scale battery storage for rising U.S. power needs

- July 17, 2025
General Motors (GM) has signed a non-binding memorandum of understanding (MOU) with Redwood Materials to manufacture grid-scale energy storage systems. The storage system will repurpose both used and new U.S.-made...
Articles Headlines
Shares of Volvo Cars jumped as much as 10% on Thursday after the Sweden-based automaker beat analysts’ expectations.

Volvo shares surge despite weak Q2 results, U.S. strategy reassures dealers

- July 17, 2025
Shares of Volvo Cars jumped as much as 10% on Thursday after the Sweden-based automaker beat analysts’ expectations for its second-quarter operating profit, despite a sharp year-over-year decline. The company,...
Headlines Articles

Latest Articles

FTC invites dealers to report potential pricing issues across the industry. Ford doubles down on U.S. Assembly as trade policies shift industry strategy. Carvana expands its dealership portfolio with a CDJR dealership in Ohio. New car sales drop 7.3% in April, but don't blame buyers. Cox Automotive to acquire Fullpath to expand AI-driven marketing.
Latest Articles 04/25/26

Weekly roundup: FTC wants dealers to report deceptive pricing, Ford boost U.S. assembly, Carvana expands dealership portfolio

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
Latest Articles 04/24/26

Toyota Mobility Foundation names innovators in clean freight as Detroit winners of Global Sustainable Cities Challenge

Baumann Auto Group
Latest Articles 04/24/26

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


CBT News
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