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

Astana Motors

Astana Motors invests $3.5M in automotive ventures to expand U.S. presence and drive innovation

- February 7, 2025
Welcome back to the latest episode of The Future of Automotive on CBT News, where we put recent automotive and mobility news into the context of the broader themes impacting...
Featured Future of Automotive

Weekly roundup: China retaliates on tariffs, Ford posts record revenue, GM expands EV strategy

- February 7, 2025
Earlier this week: China responded to U.S. tariffs with new duties and export controls. Ford reported record revenue and increased focus on core operations. General Motors expanded its electric vision...
Daily Automotive News
Elon Musk

Musk’s push to reshape U.S. government sparks protests and political tensions

- February 6, 2025
Elon Musk's ambitious efforts to overhaul the U.S. government, with the backing of President Donald Trump, have stirred significant political controversy. Musk, alongside his team, gained access to Treasury Department...
Headlines Articles
Ford closed 2024 with a record $185 billion in revenue, a 5% increase from the previous year, but leading to a cautious outlook for 2025.

Ford reports record revenue and increases focus on core operations

- February 6, 2025
Ford Motor closed 2024 with a record $185 billion in revenue, a 5% increase from the previous year. However, despite this financial milestone, the automaker faces continued challenges in its...
Headlines Articles
Volkswagen has outlined a bold five-year plan aimed at securing future growth and competitiveness despite facing challenges from rising costs.

Volkswagen unveils ambitious five-year plan, focuses on affordable EVs and major cost cuts.

- February 6, 2025
Volkswagen has outlined a bold five-year plan aimed at securing future growth and competitiveness despite facing challenges from rising costs, weak demand for electric vehicles, and increasing pressure from Chinese...
Articles Headlines
Volvo Cars faces challenges in 2025, including tariffs, slowing EV adoption, and rising competition from Chinese automakers.

Volvo adjusts production strategy amid market challenges and increased competition

- February 6, 2025
Volvo reported a 12% rise in operating income for 2024, reaching $2.04 billion, driven by an 8% increase in sales and record revenue. However, the company is bracing for significant...
Articles Headlines
Honda-Nissan merger faces delays as leadership disputes and restructuring issues threaten the deal, with Mitsubishi holding off on joining.

Leadership clash derails Honda-Nissan merger discussions

- February 5, 2025
The potential merger between Honda and Nissan hit a significant roadblock after Nissan withdrew from the agreement due to leadership disagreements. In December, the automakers entered formal discussions to create a...
Articles Headlines
Toyota is ramping up its electrification efforts with plans to produce batteries for hybrids, plug-in hybrids, and full-electric vehicles.

Toyota accelerates electrification plans amid tariff uncertainty

- February 5, 2025
Toyota is ramping up its electrification efforts with plans to produce batteries for hybrids, plug-in hybrids, and full-electric vehicles at its new North Carolina factory starting in April.  The automaker is...
Headlines Articles
In response to Trump's tariffs, China will enforce its own select tariffs and export controls to pressure Washington to negotiate.

China strikes back at U.S. tariffs with new duties and export controls

- February 4, 2025
President Donald Trump pulled back and paused the enforcement of 25% tariffs on Canada and Mexico at the last minute, temporarily diverting a disastrous trade war in North America. In...
Articles Headlines
GM is redefining the role of EVs, turning them into more than just a mode of transportation through its GM Energy initiative.

General Motors expands its electric vision through GM Energy

- February 4, 2025
General Motors (GM) is redefining the role of electric vehicles, turning them into more than just a mode of transportation. Through GM Energy, the company is integrating public charging, home...
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
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.