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

Today's CBT Now, Brian Maas, President of the CNCDA, discusses why VW's decision could set a precedent for dealer-manufacturer relationships

California dealers challenge VW’s direct sales plan for Scout vehicles – Brian Maas | CNCDA

- December 26, 2024
The California New Car Dealers Association (CNCDA) is taking a stand against Volkswagen’s plan to sell its Scout-branded vehicles directly to consumers, issuing a cease-and-desist letter that calls the move...
CBT Now Daily Automotive News
November 2024 saw a significant uptick in auto credit access, with the Dealertrack Credit Availability Index reaching 95.4.

Dealertrack’s November 2024 report shows increased approval rates and favorable loan terms

- December 26, 2024
November 2024 saw a significant uptick in auto credit access, with the Dealertrack Credit Availability Index reaching 95.4—a 1.0% increase from October and a 0.8% rise year over year. This...
Headlines Daily Automotive News
Former Nissan CEO Carlos Ghosn has raised concerns that Nissan would be severely impacted by a potential merger with Honda.

Carlos Ghosn warns Nissan faces “carnage” in Honda potential merger

- December 24, 2024
Former Nissan CEO Carlos Ghosn has raised concerns that Nissan would be severely impacted by a potential merger with Honda, predicting a “cost-cutting carnage” that could hurt the company. Ghosn, who...
Headlines Articles
As the automotive industry prepares for President-elect Donald Trump's upcoming January inauguration, Ford and GM announced contributions.

Detroit Giants donate $1M to Trump’s 2025 inauguration

- December 24, 2024
As the automotive industry prepares for President-elect Donald Trump's upcoming January inauguration, both Ford and General Motors (GM) announced substantial contributions, each donating $1 million and supplying vehicles for the...
Headlines Articles
Lithium Americas has officially finalized its joint venture agreement with GM to develop the Thacker Pass lithium mine in Nevada.

GM finalizes $625M stake in Nevada Thacker Pass lithium mine

- December 24, 2024
Lithium Americas has officially finalized its joint venture agreement with General Motors (GM) to develop the Thacker Pass lithium mine in Nevada. This partnership aims to enhance domestic lithium production,...
Headlines Articles
Stellantis' FCA U.S. division has agreed to pay $4.2 million to settle a CARB investigation into excessive emissions violations.

Stellantis unit FCA U.S. faces $4.2M penalty over diesel emissions violations

- December 24, 2024
Stellantis' FCA U.S. division has agreed to pay $4.2 million to settle a California Air Resources Board (CARB) investigation into excessive emissions violations, marking another chapter in the automaker's ongoing...
Headlines Articles
Hyundai will send free CCS-to-NACS adapters to EV customers

Hyundai to provide free CCS-to-Tesla NACS adapters

- December 24, 2024
Many consumers are interested in electric vehicles, but they cite their biggest hang-up: insufficient availability of fast and convenient charging. Hyundai is taking a significant step to increase charging convenience...
Articles Headlines
Stellantis announced on December 21 that it will no longer proceed with the indefinite layoffs, initially scheduled to take effect on Jan. 5

Stellantis u-turns on Ohio layoffs amid leadership challenges

- December 23, 2024
Stellantis has reversed its decision to lay off approximately 1,100 employees at its Toledo South Assembly Plant in Ohio, just weeks after the sudden resignation of CEO Carlos Tavares. The...
Headlines Articles
Musk's initial attempt to rein in Congress and its excessive spending nearly caused a government shutdown.

Musk vs. Congress: spending bill sparks dramatic showdown

- December 23, 2024
Elon Musk's initial attempt to rein in Congress and its excessive spending nearly caused a government shutdown. Musk torpedoed Speaker of the House Mike Johnson's end-of-year government funding proposal on Wednesday...
Articles Headlines
Toyota has received a $4.5 million funding boost from the DOE to advance sustainable EV battery technologies.

Toyota gets $4.5 million from DOE to boost EV battery recycling

- December 20, 2024
Toyota has received a $4.5 million funding boost from the U.S. Department of Energy (DOE) to advance sustainable EV battery technologies. The funding, sourced from the Advanced Research Projects Agency-Energy...
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.