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

Ram braking

Stellantis recalls over 300,000 Ram heavy-duty trucks due to braking defects

- December 6, 2024
Stellantis is recalling 317,630 Ram heavy-duty pickup trucks due to a faulty hydraulic control unit that could impact critical braking and stability systems. The recall affects the 2017-2018 Ram 2500, 3500,...
Headlines Articles
Tesla's leasing

Tesla’s leasing push aims to offset U.S. sales decline

- December 6, 2024
Tesla is increasing its leasing penetration as its growth in the U.S. stalls and competition from other electric vehicle (EV) manufacturers intensifies. Analysts, including Tom Libby of S&P Global Mobility,...
Headlines Articles
Chevrolet is introducing a new training program called "The Chevrolet Experience

Chevrolet launches new dealer training program to boost EV sales

- December 6, 2024
To empower its dealers to sell more electric vehicles (EVs), Chevrolet is introducing a new training program called "The Chevrolet Experience" in five cities. This in-person training program is designed...
Articles Headlines
Waymo

Miami joins Waymo’s growing network of autonomous ride-hailing cities

- December 6, 2024
On Thursday, Alphabet's Waymo announced its plans to expand its autonomous ride-hailing services to Miami, Florida, marking another significant step in its mission to redefine urban transportation. Miami will join Phoenix,...
Autonomous Vehicles Articles

Weekly roundup: Stellantis CFO on tariffs, GM’s Lansing battery plant transfer, Ramaswamy’s DOGE spending review

- December 6, 2024
Earlier this week: Stellantis's CFO discussed tariffs, production shifts, and CEO transition challenges. GM to transfer ownership of Lansing battery plant to LG Energy Solution. Vivek Ramaswamy slams Biden's final...
Daily Automotive News Articles
General Motors (GM) continues to make strides in its mission to provide a seamless and practical EV experience for drivers across America.

GM, EVgo celebrate milestone with over 2,000 public fast charging stalls nationwide

- December 5, 2024
General Motors (GM) continues to make strides in its mission to provide a seamless and practical EV experience for drivers across America. As part of its robust collaboration with EVgo,...
Articles Headlines
Stellantis Chief Financial Officer (CFO), Doug Ostermann, emphasized the automaker’s ability to adjust operations as needed.

Stellantis CFO talks tariffs, production shifts, and CEO transition challenges

- December 5, 2024
Stellantis is proactively preparing for potential challenges posed by tariffs under the upcoming Trump administration. Yet, the company’s Chief Financial Officer (CFO), Doug Ostermann, emphasized the automaker’s ability to adjust...
Headlines Articles
Carlos Tavares’s immediate demise was due to his ambitious sales and cost-cutting targets, which many board members deemed unrealistic.

Carlos Tavares removed after clashes over aggressive targets and cost-cutting strategies

- December 4, 2024
Carlos Tavares’s immediate demise was due to his ambitious sales and cost-cutting targets, which many board members deemed unrealistic and damaging to the company’s relationships with key stakeholders.  Sources close to...
Headlines Articles
Tesla's Cybertruck has attracted a lot of attention since its launch, receiving both praise and skepticism for its futuristic design.

Tesla’s Cybertruck lease gets cheaper, but expect hidden costs

- December 4, 2024
Tesla's Cybertruck has attracted a lot of attention since its launch, receiving both praise and skepticism for its futuristic design. Now, the electric pickup is becoming more accessible with new...
Headlines Articles
A Delaware judge upheld a previous ruling that rescinded Tesla CEO Elon Musk’s $56 billion pay package, dealing a blow to Musk and Tesla

Judge reaffirms Elon Musk’s $56 billion pay package

- December 3, 2024
A Delaware judge upheld a previous ruling that rescinded Tesla CEO Elon Musk’s $56 billion pay package, dealing a significant blow to Musk and the EV maker. Chancellor Kathaleen McCormick...
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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