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

The automotive industry was shocked by the recent resignation of Stellantis CEO Carlos Tavares; Joe Laham discusses the implications.

Stellantis dealer Joe Laham discusses the OEM’s leadership shakeup and the future of its brands

- December 2, 2024
The automotive industry was shocked by the recent resignation of Stellantis CEO Carlos Tavares, citing irreconcilable differences with the board. Joe Laham, President of Premier Companies, joins us on the...
Featured Daily Automotive News
BYD

BYD overtakes Ford as the sixth-largest automaker

- December 2, 2024
BYD, the Chinese automaker, is quickly climbing the ranks and is on track to sell 4 million units this year. The company recently outsold Ford, pushing the legacy automaker out...
Articles Headlines
Erin Kerrigan, Kerrigan Advisors, buy-sell market

Erin Kerrigan highlights key trends in the buy-sell market for 2024

- December 2, 2024
The automotive buy-sell market is poised for another record year, with over 300 transactions representing more than 500 franchises completed through Q3 2024. In today's episode of Inside Automotive, Erin...
Inside Automotive Daily Automotive News
Stellantis CEO Carlos Tavares has stepped down effective immediately, ending nearly four years at the helm of the automaker

Carlos Tavares resigns amid company struggles and leadership disputes

- December 2, 2024
Stellantis CEO Carlos Tavares has stepped down effective immediately, ending nearly four years at the helm of the automaker formed through the merger of PSA Group and Fiat Chrysler Automobiles...
Headlines Articles
Today's episode of Inside Automotive, Sean Johnson shares how traditional dealerships can compete with direct-to-consumer brands.

Sean Johnson sees hurdles for Scout Motors’ direct-to-consumer plan

- December 2, 2024
Scout Motors' decision to bypass dealerships and sell directly to consumers has sparked frustration among Volkswagen, Porsche, and Audi dealers, who view it as a competitive threat despite Volkswagen’s claims that...
Featured Management & Leadership

Ryan Kerrigan, Michael Dunne consider if U.S. auto market is ready for Chinese upsurge

- November 29, 2024
Previously aired October 31, 2024 Chinese automakers are rapidly expanding, leaving dealers to question whether this poses a threat or an opportunity for the U.S. market. In today's episode of Inside...
Inside Automotive Daily Automotive News
Must-see innovative startups and tech at NADA 2025

EV market faces potential shakeup as tax credit hang in the balance

- November 29, 2024
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...
Future of Automotive Featured

Weekly roundup: GM & Ford Face Tariffs, Newsom vs. Trump on EVs, Tesla-Rivian Lawsuit Near Settlement

- November 29, 2024
Earlier this week: GM and Ford brace for the impact of Trump's 25% import tariffs. Gov. Newsom and Trump go toe-to-toe over EV policy. Tesla and Rivian are close to...
Daily Automotive News Articles
Mike Stanton and John Devlin address the implications of Volkswagen’s Scout Motors deciding to sell vehicles directly to consumers.

NADA, association leaders respond to Scout’s direct sales strategy: A call to action for dealers

- November 28, 2024
Previously aired November 4, 2024 In a critical discussion on Inside Automotive, Mike Stanton, CEO and President of NADA, and John Devlin, President of the Pennsylvania Automotive Association and the Automotive...
Inside Automotive Daily Automotive News
On today’s episode of Inside Automotive, Hovik shares his strategy for EV success, the changing landscape, and what dealers can learn

Record-breaking EV sales: How San Tan Ford is leading the charge in EV adoption – Tim Hovik

- November 28, 2024
Previously aired October 14, 2024  In a time when many dealerships are struggling to move electric vehicles (EVs) off their lots, San Tan Ford in Arizona has managed to break national...
Inside Automotive Management & Leadership


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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