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

But Jonathan Dawson, sales trainer and creator of Sellcology, argues that this objection is an opportunity—not a setback.

Mastering the ‘I found a better deal’ objection with Jonathan Dawson

- November 23, 2024
How do you respond when a customer says, “I found a better deal down the road”? For many salespeople, it’s a moment of panic and frustration. But Jonathan Dawson, sales...
Saturday Morning Sales Meeting Featured
Bosch

Bosch to slash over 5,000 jobs amid industry-wide cost-cutting efforts

- November 22, 2024
German auto-parts giant Robert Bosch announced plans to cut up to 5,550 jobs across its operations, citing challenges from subdued car sales, intense competition, and an industry-wide pivot to electric...
Headlines Articles
https://d9s1543upwp3n.cloudfront.net/wp-content/uploads/2024/11/Trump-to-keep-EV-tax-credit--scaled.jpg

Auto industry urges Trump to keep EV tax credit and emissions standards

- November 22, 2024
The auto industry has called on President-elect Donald Trump to preserve the $7,500 electric vehicle (EV) tax credit, a key component of President Joe Biden’s policies to promote EV adoption...
Headlines Articles
The 2025 North American Car, Truck, and Utility Vehicle of the Year finalists have been announced, featuring electric and traditional models

2025 North American Car, Truck, and Utility of the Year finalists revealed

- November 22, 2024
The 2025 North American Car, Truck, and Utility Vehicle of the Year (NACTOY) finalists have been announced, featuring a mix of electrified and traditional powertrains. Detroit-based brands secured three spots among...
Headlines Articles
Must-see innovative startups and tech at NADA 2025

Automotive Ventures invests in EECOMOBILITY to improve EV battery safety

- November 22, 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...
Featured Future of Automotive

Weekly roundup: Ram REV delayed, Dale Pollak to exit in 2025, BlueOval workers seek union

- November 22, 2024
Earlier this week: Stellantis unveiled the STLA Frame and delayed the launch of the all-electric Ram REV pickup. Dale Pollak of Cox Automotive will step down at the end of 2025....
Articles Daily Automotive News
Hyundai's Ioniq 9

Hyundai’s largest EV, the Ioniq 9, hits the market

- November 21, 2024
Hyundai Motor officially unveiled the latest addition to its Ioniq lineup, the 2026 Ioniq 9. This all-electric SUV is the automaker's largest electric vehicle (EV). It will make significant waves...
Headlines Articles
Honda's solid-state batteries

Honda’s solid-state batteries will change the EV landscape

- November 21, 2024
Honda is accelerating its electric vehicle (EV) development with the development of groundbreaking solid-state batteries. The automaker aims to revolutionize EV technology with next-generation batteries that promise enhanced safety, cost...
Articles Headlines
used car pricing

Karl Brauer weighs in on declining used car pricing trends

- November 21, 2024
The drop in used car pricing is making it slightly easier for buyers to find affordable options. In today's episode of CBT Now, Karl Brauer, executive analyst at iSeeCars.com, examines...
Sales & Marketing CBT Now
Employees at the BlueOval SK Battery Park in Kentucky have officially launched a public campaign to join the UAW.

BlueOval SK Battery Park workers launch unionization campaign with UAW

- November 20, 2024
Employees at the BlueOval SK Battery Park in Glendale, Kentucky, have officially launched a public campaign to join the United Auto Workers (UAW), marking a significant move toward union representation...
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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