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

South Carolina blocks Scout Motors’ direct sales despite $1.3B incentive

South Carolina blocks Scout Motors’ direct sales despite $1.3B incentive

- February 4, 2025
Despite South Carolina granting Scout Motors $1.3 billion in incentives to build its $2 billion EV plant in Blythewood, state residents won’t be able to buy the company’s vehicles when...
Headlines Articles
Tesla's sales in California fell sharply in 2024, marking its first annual decline in the state as competition intensifies.

Tesla’s California sales decline as EV market expands

- February 3, 2025
Tesla's sales in California fell sharply in 2024, marking its first annual decline in the state as competition intensifies. According to the California New Car Dealers Association (CNCDA), Tesla's deliveries...
Articles Headlines
Tariffs on Mexico, Canada, and China hit automakers hard, raising costs and threatening supply chains, as industry leaders brace for impact.

Automakers’ stocks decline amid Trump’s tariffs, Canadian retaliation

- February 3, 2025
President Donald Trump followed through with his threats this weekend, imposing sweeping tariffs on Mexico, Canada, and China. The announcement has already triggered retaliatory actions, with Canadian Prime Minister Justin...
Articles Headlines
Honda is investing over $1 billion to transform its Ohio engineering and manufacturing complex into a global EV production hub.

Honda commits over $1 billion to build EVs, hybrids, and gas cars on one line

- February 3, 2025
Honda is making a bold commitment to electric vehicles, by investing over $1 billion to transform its Ohio engineering and manufacturing complex into a global EV production hub. This initiative,...
Headlines Articles
The U.S. automotive industry faces uncertainty as President Donald Trump prepares to impose tariffs on vehicle imports from Canada and Mexico

Trump’s 25% tariff could shake U.S. auto industry as decision looms

- January 31, 2025
The U.S. automotive industry faces uncertainty as President Donald Trump prepares to impose 25% tariffs on vehicle imports from Canada and Mexico. The potential policy shift, set to take effect...
Headlines Articles
During a closed-door meeting with its dealers at the 2025 NADA Show, Stellantis North America executives revealed their 2025 growth strategy.

Stellantis reveals 2025 growth strategy with incentives, big game ads, expanded lineup

- January 31, 2025
Stellantis North America executives revealed the company's 2025 growth strategy during a closed-door meeting with Chrysler, Dodge, Jeep, and Ram dealers at the 2025 NADA Show. The automaker will increase...
Headlines Articles
Ford dealers will receive increased floorplan assistance starting in April as inventory carrying costs continue to rise.

Ford increases dealer floorplan assistance amid rising costs

- January 31, 2025
Ford dealers will receive increased floorplan assistance starting in April as inventory carrying costs continue to rise. The company will provide an additional 0.25% floorplan credit on internal combustion engine...
Headlines Articles

Inside NADA 2025: Key takeaways from the auto industry’s biggest event

- January 31, 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
A recent study from the University of Birmingham and LSE found that modern EVs can now last just as long as their ICE counterparts.

Study finds EVs now match ICE cars in lifespan

- January 29, 2025
A recent study from the University of Birmingham and the London School of Economics (LSE) found that modern EVs can now last just as long as their ICE counterparts. The...
Headlines Articles
New U.S. Transportation Secretary Sean Duffy orders review of fuel economy standards, signaling a shift in vehicle efficiency regulations.

U.S. Transportation Secretary Sean Duffy moves to reconsider fuel economy standards

- January 29, 2025
Newly appointed U.S. Transportation Secretary Sean Duffy has moved swiftly to reverse key fuel economy policies set under the Biden administration. Within hours of being sworn in, Duffy issued a...
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


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