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

Senate Republicans introduced two bills to eliminate federal EV tax credits and impose a new $1,000 fee on EV purchases to fund road repairs.

Senate Republicans move to scrap federal EV tax credits, impose new $1,000 fee

- February 13, 2025
On February 12, Senate Republicans introduced two bills to eliminate federal electric vehicle (EV) tax credits and impose a new $1,000 fee on EV purchases to fund road repairs. The...
Headlines Articles

GM to dodge 50% of tariff costs, Ford sees industry at risk

- February 12, 2025
General Motors and Ford are preparing for the potential fallout of the ongoing trade war, but their outlooks are drastically different. While GM remains confident in its ability to navigate...
Articles Headlines
President Trump announced plans to impose reciprocal tariffs on foreign imports, citing to unveil the details within the next two days.

Trump to announce new reciprocal tariffs, raises steel and aluminum duties

- February 11, 2025
On February 10, U.S. President Donald Trump announced plans to impose reciprocal tariffs on foreign imports. This move doubled down his stance that other countries had long taken advantage of...
Headlines Articles
Toyota is recalling approximately 106,000 2024-2025 Tacoma 4-wheel-drive vehicles in North America due to issues with the rear brake hoses.

Toyota recalls 106K Tacoma Trucks over brake hose safety issue

- February 11, 2025
Japanese automaker Toyota is recalling approximately 106,000 2024-2025 Tacoma 4-wheel-drive vehicles in North America due to a potential safety issue with the rear brake hoses. The recall affects vehicles equipped with 16-inch...
Headlines Articles
IONNA, the EV charging network backed by leading automakers, opened its first charging station in Apex, North Carolina.

IONNA launches first EV charging station in North Carolina

- February 10, 2025
IONNA, the EV charging network backed by the world's leading automakers– BMW, General Motors, Honda, Hyundai, Kia, Mercedes-Benz, Stellantis, and Toyota – just opened its first charging station, called a...
Articles Headlines
Jonathan Banks, VP of Product Development and Valuation Services at J.D. Power, joins us to discuss the ongoing effects of supply shortages.

How dealers can navigate the 2025 used car market – Jonathan Banks | J.D. Power

- February 10, 2025
The used car market has been in flux over the past few years, and as 2025 unfolds, dealers and consumers alike are navigating a challenging landscape. Jonathan Banks, Vice President...
Inside Automotive Sales & Marketing
Karl Brauer breaks down the trends in the used car market and reveals the #1 best-selling used car in 2024.

Karl Brauer, iSeeCars.com, breaks down used car market trends

- February 10, 2025
iSeeCars analyzed over 7.7 million used car sales from the last five model years. Their latest study reveals some fascinating results and intriguing data points. In today's episode of CBT...
Featured Daily Automotive News
Tesla increases the price of its Model X by $5,000 following previous increases to other models amid stalling growth in the EV market.

Tesla hikes Model X prices by $5,000 following previous increases

- February 7, 2025
Tesla is raising the price of the Model X by $5,000 in the United States. The all-wheel drive Modex X, which was previously priced starting at $79,990, will now cost...
Articles Headlines
Nissan has ended merger discussions with Honda and is now open to working with new partners, including technology firms such as Foxconn

Foxconn emerges as potential Nissan partner after Honda deal collapses

- February 7, 2025
Nissan has officially ended merger discussions with Honda and is now open to working with new partners, including technology firms such as Taiwan’s Foxconn, according to sources familiar with the...
Headlines Articles
Toyota's Q3 results show strong sales growth, with plans for BEV and battery development in the U.S. and China.

Toyota reports strong Q3 income while advancing battery plant initiatives

- February 7, 2025
On February 5, Toyota officially released its financial results for the third quarter of its fiscal year ending in March 2025. The automaker saw strong sales growth, with consolidated global...
Articles Headlines

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
Powered by  GDPR Cookie Compliance
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.