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

Stellantis threatened with a nationwide walkout after slashing 400 more jobs

Stellantis threatened with a nationwide walkout after slashing 400 jobs

- November 11, 2024
On November 8th, Stellantis cut an additional 400 jobs at its Detroit parts facility in a desperate scramble to reduce operating costs to offset its plummeting sales. This round of...
Articles Headlines
The NHTSA is investigating Tesla's FSD software following concerns raised by the automaker's social media posts. 

NHTSA probes Tesla’s FSD software amid safety concerns over misleading social media posts

- November 11, 2024
The National Highway Traffic Safety Administration (NHTSA) is investigating Tesla's Full Self-Driving (FSD) software following concerns raised by the automaker's social media posts.  These posts appear to suggest that FSD can...
Headlines Articles
BYD is on a record run to challenge Ford's annual sales target

BYD is on a record run to challenge Ford’s annual sales target

- November 11, 2024
BYD continues to gobble up market share in China, overtaking foreign brands, and Ford is next on the hit list. The automaker is poised to outperform Ford's annual sales target...
Articles Headlines
Today’s Inside Automotive, Brian Maas, President of the California New Car Dealers Association, shares insight into current market dynamics

California dealers respond to VW’s direct sales strategy and shifting EV market – Brian Maas | CNCDA

- November 11, 2024
As the automotive landscape continues to evolve, California’s latest auto outlook highlights significant trends impacting new car registrations, dealer sales, and consumer choices. In today’s episode of Inside Automotive, we...
Inside Automotive Daily Automotive News
Top 15 EV leasing deals in November 2024

Top 15 EV lease deals to grab in November 2024

- November 8, 2024
Rising inventory levels are fueling the industry as a several new, reasonably priced electric vehicle (EV) models hit the market. With excellent lease deals on the table this winter, it'll...
Articles Sales & Marketing
GM is accelerating its shift towards EVs with a major transformation at its Fairfax, Kansas, assembly plant, starting in January.

GM to cease Cadillac XT4 production, invest $390 million in Fairfax plant for EV shift

- November 8, 2024
General Motors (GM) is accelerating its shift towards electric vehicles with a major transformation at its Fairfax, Kansas, assembly plant. Starting in January, GM will end production of the gas-powered...
Headlines Articles
EV startup Rivian is navigating supply chain disruptions but remains optimistic about its first-ever gross profit by the end of 2024

Rivian faces supply chain challenges but aims for profitability by year’s end

- November 8, 2024
Electric vehicle startup Rivian Automotive is navigating significant supply chain disruptions but remains optimistic about reporting its first-ever gross profit by the end of 2024. Despite a third-quarter parts shortage...
Headlines Articles
Must-see innovative startups and tech at NADA 2025

Extended range EVs gain popularity as consumers seek solutions to ‘range anxiety’

- November 8, 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
In a historic comeback, former President Donald Trump defeated Vice President Kamala Harris to secure another term in the White House

Weekly roundup: Trump’s return signals shift in EV policy, trade, and labor, with setback for UAW

- November 8, 2024
Earlier this week: Trump’s return to the White House signaled a major shift in EV policy, trade, and economic direction. Bernie Moreno's win in Ohio paves the way for Trump's labor policy...
Articles Daily Automotive News
Stellantis has announced it will cut one production shift and lay off approximately 1,100 workers at its Toledo South Assembly Plant in Ohio

Stellantis will lay off 1,100 workers at Ohio Jeep plant amid sales struggles

- November 7, 2024
Stellantis has announced it will cut one production shift and lay off approximately 1,100 workers at its Toledo South Assembly Plant in Ohio. This decision aims to align manufacturing output...
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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