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

Honda & Nissan are in talks to strengthen their collaboration, in response to increasing pressures from EV makers.

Nissan, Honda eye strategic merger to strengthen position in EV market

- December 18, 2024
Honda and Nissan are in talks to strengthen their collaboration, including the possibility of a full merger, in response to increasing pressures from electric vehicle (EV) makers like Tesla and...
Headlines Articles
Lucid to partner with OEMs

Lucid Motors eyes growth through strategic OEM alliances

- December 18, 2024
Although Lucid Motors is a relative newcomer to the automotive electric-making scene with less production experience than its seasoned counterparts, the company has already established itself as a leader in...
Articles Headlines
DOE awards $9.63B loan to BlueOval SK to build battery plants in Kentucky and Tennessee

DOE awards $9.63B loan to BlueOval SK to build battery plants in Kentucky and Tennessee

- December 17, 2024
On Monday, the U.S. Department of Energy (DOE) finalized a $9.63 billion loan to BlueOval SK, a joint venture between Ford and South Korean battery maker SK On. This loan,...
Articles Headlines
In an effort to remain competitive in the vast, growing electric vehicle (EV) market, Toyota announced it's updating its 2025 bZ4X lineup. 

Toyota 2025 bZ4X gets $6K price cut and new Nightshade edition

- December 17, 2024
In an effort to remain competitive in the vast, growing electric vehicle (EV) market, Toyota announced it's updating its 2025 bZ4X lineup.  To start, the automaker is cutting the starting price...
Articles Headlines
EV adoption is on the rise, and while overall sales may fluctuate, one trend remains clear: EV owners are incredibly loyal to their vehicles

Study reveals strong loyalty among EV owners: 92% say they would never return to an ICE car

- December 16, 2024
Electric vehicle (EV) adoption is on the rise, and while overall sales may fluctuate, one trend remains clear: EV owners are incredibly loyal to their vehicles. According to a recent...
Headlines Articles
To boost sales of its Model S and Model X vehicles, Tesla has reintroduced the incentive of free Supercharging for life.

Tesla revives free Supercharging incentive amid declining Model S sales

- December 16, 2024
In an effort to boost sales of its Model S and Model X vehicles, Tesla has reintroduced the incentive of free Supercharging for life, a perk that was discontinued in...
Headlines Articles
The U.S. Supreme Court will hear a case from fuel producers about California's authority concerning emissions and EV sales mandates.

U.S. Supreme Court to hear dispute over CA’s tailpipe emissions

- December 16, 2024
On December 13, the U.S. Supreme Court agreed to hear a dispute regarding California's authority to set its emissions and electric vehicle (EV) standards. The challenge comes from a group...
Articles Headlines
In a move to accelerate the adoption of EVs, the U.S. Department of Energy (DOE) has approved a $1.25 billion loan to EVgo.

DOE grants $1.25B loan to EVgo for 7,500 new EV chargers across U.S.

- December 16, 2024
In a significant move to accelerate the adoption of electric vehicles (EVs), the U.S. Department of Energy (DOE) has approved a $1.25 billion loan to EVgo. This funding will enable EVgo...
Headlines Articles

Weekly roundup: GM Cruise shifts focus, Tekion sues CDK, Ex-TrueCar worker linked to UHC CEO murder

- December 13, 2024
Earlier this week: General Motors’ Cruise ditches robotaxis to invest in driver-assistance features. Tekion slams CDK with a federal antitrust lawsuit, citing anticompetitive practices in the DMS market. Former TrueCar...
Articles Daily Automotive News
GM CEO Mary Barra addressed concerns regarding the potential impacts of higher tariffs on goods under the incoming Trump administration.

Mary Barra warns of ‘substantial impact’ from proposed tariffs under Trump

- December 12, 2024
General Motors (GM) CEO Mary Barra addressed concerns on Wednesday regarding the potential impacts of higher tariffs on goods imported from Mexico and Canada under the incoming Trump administration. Barra...
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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