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

Tesla investors demand Elon Musk commit full-time amid falling profits, weak sales, and growing leadership concerns.

Tesla shareholders demand CEO Elon Musk commit full-time to the company

- May 29, 2025
A coalition of Tesla shareholders is pressuring the company’s board to require CEO Elon Musk to commit at least 40 hours a week to the automaker, citing concerns that his...
Articles EVs & Technology
Toyota is intensifying its focus on PHEVs, aiming to increase its share of U.S. sales to approximately 20% by 2030

Toyota bets big on plug-in hybrids as EV adoption slows

- May 29, 2025
The largest Japanese automaker, Toyota, is intensifying its focus on plug-in hybrid electric vehicles (PHEVs), aiming to increase its share of U.S. sales from 2.4% in 2023 to approximately 20%...
EVs & Technology Articles
Tesla’s vehicle sales in Europe dropped sharply in April, falling 49% year-over-year to just 7,261 units, according to data from the ACEA.

Tesla sales plunge 49% in Europe as political backlash and rivals gain ground

- May 27, 2025
Tesla’s vehicle sales in Europe dropped sharply in April, falling 49% year-over-year to just 7,261 units, according to data from the European Automobile Manufacturers’ Association (ACEA). This decline contrasts sharply...
Headlines EVs & Technology
In April, the electric vehicle (EV) market showed clear signs of divergence: new EV sales declined, while used EVs posted record growth.

Used EV sales hit record high as new EV market cools

- May 27, 2025
In April, the electric vehicle (EV) market showed clear signs of divergence: new EV sales declined, while used EVs posted record growth, underscoring a shift toward affordability amid rising prices...
Headlines EVs & Technology
Honda is backing away from its aggressive electric vehicle (EV) ambitions, citing a cooling U.S. market and growing global uncertainty.

Honda scales back EV goals, slashes investment amid slowing U.S. demand

- May 23, 2025
Honda is backing away from its aggressive electric vehicle (EV) ambitions, citing a cooling U.S. market and growing global uncertainty. On May 20, the Japanese automaker announced it would no...
Headlines EVs & Technology
Toyota has officially revealed the refreshed 2026 RAV4, introducing updated styling, upgraded technology, and fully electrified lineup

Toyota unveils fully electrified 2026 RAV4 with bold new designs

- May 23, 2025
Toyota has recently revealed the refreshed 2026 RAV4, introducing updated styling, upgraded technology, and a fully electrified powertrain lineup. This marks the model’s most extensive update since 2019 and continues...
Headlines EVs & Technology
Ford Motor is scaling back its EV ambitions by allowing Nissan to use part of one of its Kentucky battery plants.

Ford scales back EV push, lets Nissan use idle battery plant in Kentucky

- May 21, 2025
Ford Motor is scaling back its electric vehicle (EV) ambitions by allowing Nissan to use part of one of its Kentucky battery plants, which underscores the auto industry's broader struggles...
Articles EVs & Technology
According to CEO Elon Musk, Tesla will begin a limited rollout of its long-promised robotaxi service in Austin, Texas, by the end of June.

Tesla to launch robotaxi trial in Austin by June amid safety scrutiny

- May 21, 2025
According to CEO Elon Musk, Tesla will begin a limited rollout of its long-promised robotaxi service in Austin, Texas, by the end of June. The test launch comes as federal...
EVs & Technology Articles
The U.S. Senate is preparing to vote within days on a measure that would overturn California’s aggressive zero-emission vehicle mandate.

Senate targets California’s 2025 EV mandate in upcoming vote

- May 20, 2025
The U.S. Senate is preparing to vote within days on a measure that would overturn California’s aggressive zero-emission vehicle mandate, which requires all new car sales to be electric by...
Headlines EVs & Technology
The CNCDA has issued a cease-and-desist letter to American Honda Motor and SHMA, demanding they stop direct sales of Afeela vehicles.

CNCDA demands cease-and-desist on Afeela vehicle sales

- May 20, 2025
The California New Car Dealers Association (CNCDA) has issued a cease-and-desist letter to American Honda Motor and Sony Honda Mobility of America (SHMA), demanding they immediately stop direct-to-consumer sales of...
Headlines EVs & Technology

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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