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

Mike Stanton, CEO and NADA, Chinese

NADA’s Mike Stanton on franchise pressures, direct sales models, and advocacy under a new administration

- January 13, 2025
The automotive industry is grappling with seismic shifts as OEMs like Sony Honda Mobility and Scout Motors explore direct-to-consumer sales models. Mike Stanton, CEO and President of the National Automobile...
Inside Automotive Daily Automotive News
January 2025 brings some of the most affordable leasing options for EVs

EV lease deals under $300 in January 2025

- January 10, 2025
Electric vehicles (EVs) continue to surge in popularity, with the market growing substantially in 2024. January 2025 brings some of the most affordable leasing options for electric crossovers and sedans,...
Articles Headlines
Ford Executive Chair Bill Ford expressed optimism about the automaker's relationship with the incoming Trump administration.

Ford confident in future with new Trump admin, Bill Ford says

- January 10, 2025
Ford Motor Executive Chair Bill Ford expressed optimism about the automaker's relationship with the incoming Trump administration following a lengthy phone call with President-elect Donald Trump. Speaking at the 2025...
Headlines Articles
GM and TWG Motorsports launch powertrain development for Cadillac's Formula 1 team

GM and TWG Motorsports launch powertrain development for Cadillac’s Formula 1 team

- January 10, 2025
General Motors and TWG Motorsports have joined forces to develop cutting-edge powertrains for the Cadillac's Foruma 1 team, marking a significant milestone in the brand's motorsport ambitions. Formed in 2024 as...
Articles Headlines
Mercedes-Benz had a difficult 2024 as its core car sales dropped 3% YoY to 1.98 million vehicles, driven by challenges in foreign markets

Mercedes-Benz 2024 sales dip 3% amid weak demand

- January 10, 2025
Mercedes-Benz encountered a difficult 2024 as its core car sales dropped 3% year-over-year to 1,983,400 vehicles, driven by significant challenges in the Chinese and European markets. Despite the overall decline,...
Headlines Articles
I’m Steve Greenfield and I had an amazing time at CES in Las Vegas this week, exploring automotive and mobility technologies.

What’s next in mobility? Highlights from CES 2025

- January 10, 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: Detroit Three report strong EV growth and sales strategies

- January 10, 2025
Earlier this week: GM doubled its EV market share and closed 2024 with robust growth. Ford powered into 2025 with record EV sales and a 6% retail boost. Stellantis bets...
Daily Automotive News Articles
Auto suppliers reconsider production plans as Trump’s tariffs threaten costs, pushing companies to explore U.S.-based manufacturing options.

Auto suppliers reconsider production plans amid Trump’s looming tariff threats

- January 9, 2025
As the auto industry braces for the potential impact of President-elect Donald Trump's proposed tariffs, global auto suppliers are reevaluating their production strategies. The impending tariffs–10% on global imports, 60% on...
Articles Headlines
It’s not futuristic flying cars that are winging their way off of dealer lots.  In certain parts of the country, EVs – both BEVs and PHEVs.

Electric vehicles fly off dealer lots racing reduction of incentives

- January 9, 2025
It’s not futuristic flying cars that are winging their way off of dealer lots.  In certain parts of the country, electric vehicles – both battery electric vehicles (BEVs) and plug-in...
Daily Automotive News Articles
Scout Motors secured more than 50,000 reservations

VW’s Scout grabs U.S. EV market share with over 50,000 vehicle reservations

- January 9, 2025
Volkwagen's Scout Motors has successfully secured more than 50,000 reservation deposits for its upcoming electric lineup. While reservations don't guarantee final purchases, they provide a significant indicator of consumer interest,...
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
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