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

Elon Musk is counting on his influence with President-elect Donald Trump to secure federal regulations that could boost Tesla's robotaxis

Tesla’s robotaxi ambitions face hurdles despite Musk’s political influence

- November 14, 2024
Despite significant technological and regulatory challenges, Tesla's future increasingly relies on CEO Elon Musk's vision for self-driving robotaxis. Recently, Tesla has fallen behind its competitors in autonomous vehicle testing, particularly in...
Headlines Articles
CHP tests Lucid Air sedan

California Highway Patrol tests Lucid Air sedan for potential patrol use

- November 14, 2024
The California Highway Patrol (CHP) recently tested a modified version of the electric Lucid Air as a potential addition to their police fleet. Lucid proudly took to social media to share...
Articles Headlines
Kia reaffirms ambitious 2030 EV sales goal amid market challenges

Kia reaffirms ambitious 2030 EV sales goal amid market challenges

- November 14, 2024
Kia remains steadfast in its ambitious goal to sell 1.6 million electric vehicles (EVs) annually by 2030. The automaker's determination is unwavering despite uncertain market conditions and rapid changes in...
Articles Headlines
GM is recalling 461,839 vehicles due to a transmission defect that could cause the rear wheels to lock up, increasing the risk of a crash.

GM recalls 461,839 vehicles over transmission issues

- November 13, 2024
General Motors (GM) is recalling 461,839 vehicles due to a transmission defect that could cause the rear wheels to lock up, increasing the risk of a crash. The recall affects...
Articles Headlines
Waymo expands in LA

Waymo expands robotaxi services to all of LA, targets national growth

- November 13, 2024
On November 12, Alphabet's Waymo swiftly removed its waitlist and expanded its robotaxi service to all of Los Angeles. Almost overnight, a staggering number of over 300,000 Los Angeles residents transferred...
Articles Headlines
Data from Kelley Blue Book shows a modest increase in October's ATP for new vehicles as automakers compete for sales.

KBB reports modest ATP increase for new vehicles in October

- November 13, 2024
Despite the challenges, automakers are demonstrating resilience by working overtime to clear bloated inventory levels and finish out 2024 strong. According to Kelley Blue Book (KBB) data, the average transaction...
Articles Headlines
In today's Inside Automotive, we sit down with Doron Merdinger, CEO and Founder of Doroni Aerospace, who makes personal aviation vehicles.

The future takes flight: Doroni Aerospace pioneers the future of personal aviation – Tim Jackson & Doron Merdinger

- November 13, 2024
What was once a dream on TV shows like The Jetsons is quickly becoming a reality. With over 200 companies working toward making flying cars a mainstream part of our...
Inside Automotive Daily Automotive News
How dealerships can compete with Scout's direct-to-consumer sales model

Michael Wood on Scout Motor’s direct sales model sparks controversy among VW dealers

- November 13, 2024
In today's episode of Inside Automotive, Michael Wood, the general manager of Jaguar, Land Rover, and Volkswagen divisions at Checkered Flag Auto Group, shares his unique perspective on Scout Motors' decision to bypass...
Inside Automotive Management & Leadership

Used vehicle market stabilizes amid fluctuating inventory and hybrid price dynamics

- November 12, 2024
The U.S. used vehicle market is showing signs of stabilization, largely due to increased inventory of newer model years, which has helped offset previous shortages. In October, the CarGurus Used Vehicle...
Articles Headlines
President-elect Donald Trump has selected former New York Congressman Lee Zeldin to lead the Environmental Protection Agency (EPA).

Trump appoints Lee Zeldin to lead EPA, focusing on energy growth

- November 12, 2024
President-elect Donald Trump has selected former New York Congressman Lee Zeldin to lead the Environmental Protection Agency (EPA). This move signals a strong push to reform environmental regulations and prioritize...
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
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.