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

Rivian extends summer lease deals on R1S and R1T EVs

- July 17, 2025
Rivian has extended its R1S and R1T lease deals through Sept. 1, 2025, offering potential savings of up to $15,500 for qualified customers. These savings include federal lease credits, down...
Articles Headlines
Stellantis announced today that it is set to end its investment in Symbio, a joint venture with Michelin and Forvia SE, by 2026.

Stellantis to end investment in hydrogen venture

- July 16, 2025
Stellantis announced today that it is set to end its investment in Symbio, a joint venture with Michelin and Forvia SE focused on hydrogen fuel cell technology, by 2026. The...
Headlines Articles
GM plans to build the Cadillac Escalade, Chevrolet Silverado, and GMC Sierra light-duty pickups at its Orion Assembly plant in early 2027

GM to build gas-powered trucks at Orion plant after scrapping EV plans

- July 16, 2025
General Motors (GM) will begin building the Cadillac Escalade, Chevrolet Silverado, and GMC Sierra light-duty pickups at its Orion Assembly plant in early 2027, abandoning its original plan to produce...
Headlines Articles
Troy Jones, Tesla’s Vice President of Sales, Service, and Delivery for North America, has left the company after 15 years

Tesla’s top sales exec departs amid mounting EV sales pressure

- July 16, 2025
According to sources, Troy Jones, Tesla’s Vice President of Sales, Service, and Delivery for North America, has left the company after 15 years of service. His departure marks the latest...
Headlines Articles
The 2025 CRA vote blocked California's EV mandate. Here's what it would take to reverse it and restart the national shift to EVs.

Can Congress undo the electric vehicle mandate in the future?

- July 16, 2025
Imagine a future where electric vehicles (EVs) dominate America’s roads, slashing emissions and reshaping transportation. Now, picture that vision halted by a single congressional vote, only to spark a fierce...
Daily Automotive News Articles
Waymo has surpassed 100 million miles driven autonomously without a human behind the wheel, as it rapidly scales its robotaxi operations

Waymo hits 100 million driverless miles as robotaxi rollout accelerates

- July 15, 2025
Alphabet’s Waymo has surpassed 100 million miles driven autonomously without a human behind the wheel, doubling its total as it rapidly scales its robotaxi operations. The company, which currently operates...
Headlines Articles
GM and LG Energy Solution will upgrade their Spring Hill, Tennessee, battery cell facility to manufacture LFP cells.

GM, LG to produce low-cost LFP EV batteries at Tennessee Ultium plant by 2027

- July 15, 2025
General Motors (GM) and LG Energy Solution will upgrade their Spring Hill, Tennessee, battery cell facility to manufacture low-cost lithium-iron-phosphate (LFP) cells, aiming for commercial production by late 2027. The...
Headlines Articles
Lucid's interim CEO, Marc Winterhoff, cautioned that President Trump’s latest tariffs will raise the cost of producing vehicles in the U.S.

Lucid CEO warns Trump’s tariffs will raise U.S. vehicle costs despite local production

- July 15, 2025
Lucid Motors' interim CEO, Marc Winterhoff, cautioned that President Donald Trump’s latest tariffs will raise the cost of producing vehicles in the U.S., as automakers still rely on global supply chains for key...
Headlines Articles
EV sales

Q2 EV sales dip in U.S. as dealers brace for tax credit phase-out

- July 15, 2025
New electric vehicle (EV) sales in the U.S. dropped 6.3% year-over-year in the second quarter of 2025, totaling 310,839 units, according to Cox Automotive's Kelley Blue Book. The decline came...
Headlines Articles
Elon Musk clarified on social media that he does not support a merger between Tesla and his artificial intelligence company, xAI.

Elon Musk says “no” to Tesla-xAI merger as Grok AI integration advances

- July 14, 2025
Elon Musk clarified on social media that he does not support a merger between Tesla and his AI company, xAI, despite Tesla preparing a shareholder vote on whether to invest...
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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