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

Potential terrorist attacks after Tesla Cybertruck explosion and New Orleans attack

Cybertruck explosion outside of Trump International prompts terrorist investigation

- January 2, 2025
A recent explosion of a Tesla Cybertruck outside the Trump International Hotel in Las Vegas and a deadly truck attack in New Orleans have prompted investigations into possible terrorist connections....
Articles Headlines
Ford issued a recall for the 2024 F-150 Lightning due to a serious defect in the front suspension that could lead to a loss of steering.

Ford issues major recall over F-150 Lightning steering hazard

- January 2, 2025
Ford has issued a recall for the 2024 F-150 Lightning due to a serious defect in the front suspension that could lead to a loss of steering while driving. The...
Headlines Articles
BYD set a new sales milestone in December, selling 514,809 electric & hybrid vehicles, marking its third consecutive month of increased sales

BYD tops 2024 with record EV sales, reaching 4.3 million units

- January 2, 2025
BYD set a new sales milestone in December, selling 514,809 electric and hybrid vehicles, marking its third consecutive month of sales surpassing 500,000 units. This surge drove the company to...
Headlines Articles
NHTSA announces new rear seat belt mandate for all new cars and trucks in the U.S.

NHTSA announces mandatory rear seat belt alarms in all new U.S. cars by 2027

- December 30, 2024
Starting September 2027, the National Highway Traffic Safety Administration (NHTSA) will make it mandatory for all new cars and trucks sold in the United States to be equipped with rear...
Articles Headlines
VinFast is offering a lease deal for its VF 8 SUV at $279 per month with $0 down. This aims to attract U.S. consumers.

VinFast unveils competitive lease deal for VF 8 SUV in U.S.

- December 27, 2024
Vietnamese automaker VinFast is turning up the heat in 2024, offering a lease deal for its VF 8 SUV at $279 per month with $0 down. This move aims to...
Headlines Articles
Dennis Gingrich joins us to share his perspective on how dealerships can navigate the ever-changing landscape.

Refocusing on fundamentals: Dennis Gingrich on navigating 2024 and embracing change

- December 27, 2024
As the retail automotive industry reflects on a dynamic year, Dennis Gingrich, Sales and Finance Director at The Niello Company, joins us on today's episode of Inside Automotive to share...
Inside Automotive Management & Leadership
Kevin Tynan

The road ahead for the automotive industry – Kevin Tynan | Presidio Group

- December 27, 2024
From market trends to the ongoing evolution of electric vehicles (EVs), this year has been nothing short of transformative. In today's episode of CBT Now, we're joined by Director of...
Daily Automotive News CBT Now

Weekly roundup Detroit Giants donate $1M to Trump, Stellantis U-turns on layoffs, Musk vs. congress

- December 27, 2024
Earlier this week: Detroit Giants donated $1M to Trump’s 2025 inauguration. Stellantis U-turns on Ohio layoffs amid leadership challenges. Musk vs. Congress: spending bill sparks dramatic showdown. Cars Commerce partners with...
Articles Daily Automotive News
The IIHS has announced its latest safety award winners for 2024, highlighting strong performances by electric and hybrid vehicles.

EVs and hybrids shine in IIHS 2024 Safety Awards

- December 27, 2024
The Insurance Institute for Highway Safety (IIHS) has announced its latest safety award winners for 2024, highlighting strong performances by electric and hybrid vehicles in its rigorous testing protocols. Among...
Headlines Articles
Volkswagen has struck a pivotal deal with its union leaders to preserve its 10 German factories & maintain job security agreements until 2030

Volkswagen secures job agreements amid cost-cutting measures

- December 26, 2024
Volkswagen has struck a pivotal deal with its union leaders to preserve its 10 German factories and maintain job security agreements until 2030, despite looming plans to cut 35,000 jobs....
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
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