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

GM recently achieved a significant milestone by surpassing 300,000 electric vehicles (EVs) sold in the U.S. since 2016.

GM secures position as leading EV maker, surpassing 300,000 U.S. EV sales

- November 4, 2024
General Motors (GM) recently achieved a significant milestone by surpassing 300,000 electric vehicles (EVs) sold in the U.S. since 2016. This accomplishment solidifies GM's position as the second-largest EV seller...
Headlines Articles
Ford plans to pause production of its all-electric F-150 Lightning at it's factory in Detroit from November 18 to January 6.

Ford halts production of all-electric F-150 Lightning to tackle inventory challenges

- November 1, 2024
Ford Motor Company plans to pause production of its all-electric F-150 Lightning at the Rouge Electric Vehicle Center in suburban Detroit from November 18 to January 6. This seven-week shutdown,...
Headlines Articles
Ford's new NACs adapters will increase consumer convenience by allowing consumers to use Tesla Superchargers across the U.S.

Ford ships out new Tesla adapters to EV customers

- November 1, 2024
Ford is rolling out a new NACS charging adapter to its customers, allowing them to plug in their electric cars at Tesla Superchargers and non-Tesla charging stations nationwide. The new...
Articles Headlines
EV startup Rivian is reintroducing its “All-Electric Upgrade Offer,” which runs from now until November 30.

Rivian revives ‘all-electric upgrade’ offer with new terms until November 30

- November 1, 2024
EV startup Rivian is reintroducing its “All-Electric Upgrade Offer,” which runs from now until November 30. However, several key changes have been made to streamline the process for customers interested...
Headlines Articles
Hyundai and Kia drive double-digit sales surge in U.S. for October

Hyundai and Kia drive double-digit sales surge in U.S. for October

- November 1, 2024
This is the third consecutive month of growth, with both companies achieving double-digit increases. Hyundai and Kia are delivering record sales once again. Both automakers reported that they drove record U.S....
Articles Headlines
Must-see innovative startups and tech at NADA 2025

Hyundai’s innovative ‘Drill Lance’ tackles EV fires: A safety breakthrough

- November 1, 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
Michigan's auto industry

Weekly roundup: NADA and dealer associations challenge Scout Motors, Ford and Stellantis report Q3 profits amid rising costs

- November 1, 2024
Earlier this week: NADA and state dealer associations set to challenge Scout Motors’ direct sales strategy. Ford sees $892M Q3 profit but faces challenges amid rising costs and EV losses....
Daily Automotive News Articles
NADA

NADA and state dealer associations set to challenge Scout Motors’ direct sales strategy

- October 31, 2024
The National Automobile Dealers Association (NADA) and state dealer groups across the U.S. are gearing up to challenge Scout Motors’ recent decision to bypass traditional dealerships and sell electric vehicles...
Headlines Articles
Stellantis' CEO Carlos Tavares

Stellantis reports a 27% decline in Q3 profits

- October 31, 2024
Stellantis, the parent company of Chrysler, Jeep, Dodge, and Ram, continues to struggle. Its third-quarter results, published on October 31, revealed that revenue fell by 27%. The automaker attributes its disappointing results...
Articles Headlines
BYD

BYD surpasses Tesla in quarterly revenue as hybrid sales drive record growth

- October 31, 2024
On Wednesday, China’s BYD reported a quarterly revenue of 201.1 billion yuan ($28.2 billion) for the third quarter, marking the first time it has outpaced Tesla in sales. Despite falling...
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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