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

American automotive industry brace for a new Republican administration under President-elect Donald Trump and the policy changes to come.

Trump’s presidency brings mixed reactions across automotive industry as EV, tariffs, and policy future unfolds

- November 6, 2024
As the automotive industry braces for a new Republican administration under President-elect Donald Trump, stakeholders reflect on how this leadership shift may shape their operations, regulatory landscapes, and electric vehicle...
Headlines Articles
In a historic comeback, former President Donald Trump defeated Vice President Kamala Harris to secure another term in the White House

Trump’s White House return signals major shift in EV policy, trade, and economic direction

- November 6, 2024
In a historic political comeback, former President Donald Trump decisively defeated Vice President Kamala Harris to secure another term in the White House, returning to office for the first time...
Headlines Articles
GM has issued a new recall for 107 Chevrolet Bolt EVs, targeting the 2020 to 2022 model years due to a risk of battery-related fires.

GM recalls Chevrolet Bolt EVs over fire risk in latest battery-related issue

- November 6, 2024
General Motors (GM) has issued a new recall for 107 Chevrolet Bolt electric vehicles, targeting the 2020 to 2022 model years due to a risk of battery-related fires. This action...
Headlines Articles
Toyota's first quarterly profit drop in two years

Toyota reports shocking quarterly profit drop due to U.S., Japan production challenges

- November 6, 2024
On Wednesday, Toyota Motor reported its first quarterly profit drop in two years. Once regarded as one of the world's top-selling brands, the automaker had been on a record streak...
Articles Headlines
Honda Motors slashes annual forecast amid weak China sales

Honda slashes annual forecast amid weak China sales

- November 6, 2024
Despite the setback, Honda Motors has shown resilience by adjusting its annual forecasts after its first-half earnings dropped, primarily due to weak performance in China. Overall, the automaker's net profit...
Articles Headlines
Louie Herron discusses how dealerships can maximize their results with hands-on leadership

Maximize your dealership’s results with hands-on leadership – Louie Herron | Herron Automotive Solutions

- November 6, 2024
The role of management has shifted significantly since the onset of the pandemic, with hands-on leadership becoming more crucial than ever. In today's episode of CBT Now, we’re joined by...
Featured Management & Leadership
A recent study by Edmunds revealed that in Q3 of 2024, the average new car cost $47,542—$20,365 more than the average used car.

Study found new car prices surged to record highs, leaving used cars as the affordable choice

- November 5, 2024
As the price gap between new and used vehicles reaches an unprecedented level, many consumers are feeling the tension of escalating costs in the automotive market. A recent study by...
Articles Sales & Marketing
Ford announced a significant recovery in its U.S. new vehicle sales, reporting a 15.2% increase in October compared to last year.

Ford sees 15.2% surge in U.S. vehicle sales amid recovery post-strike

- November 5, 2024
Ford announced a significant recovery in its U.S. new vehicle sales, reporting a 15.2% increase in October compared to last year. This surge comes in the wake of challenges faced...
Headlines Articles
In honor of Veterans Day, GM is launching a new incentive to encourage military personnel to transition to electric vehicles.

GM celebrates veterans with $1,000 incentive on EVs for Veterans Day

- November 5, 2024
In honor of Veterans Day, General Motors (GM) is launching a new incentive to encourage military personnel to transition to electric vehicles. Throughout November 2024, veterans can take advantage of...
Headlines Articles
Lucid Motors Gravity SUV

Lucid bets on Gravity SUV to boost profits and restore investor confidence

- November 5, 2024
Lucid Motors is optimistic that its latest electric vehicle (EV), the Gravity SUV, will significantly improve its profit margins in response to investor pressure. Lucid's shares are down approximately 40...
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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