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

General Motors (GM) is set to abandon the Ultium brand name for its EV batteries and technologies, signaling a shift in its battery strategy.

GM abandons Ultium brand name, shifts to tailored battery solutions

- October 9, 2024
General Motors (GM) is set to abandon the Ultium brand name for its electric vehicle (EV) batteries and technologies, signaling a significant shift in its battery strategy. This decision, announced...
Headlines Articles
Toyota and Subaru are set to unveil another co-developed electric SUV in 2026, expanding their collaborative offerings in the EV market.

Toyota, Subaru to launch new electric SUV in 2026, expanding EV partnership

- October 9, 2024
Toyota and Subaru are set to unveil another co-developed electric SUV in 2026, expanding their collaborative offerings in the electric vehicle (EV) market. This new model will join the existing...
Headlines Articles
At Honda’s 0 Tech Meeting 2024, the automaker unveiled its ambitious roadmap for electrification, centered around the new 0 Series of EVs.

Honda reveals bold plans for 0 Series EV lineup, targets 750,000 sales by 2030

- October 9, 2024
At Honda’s 0 Tech Meeting 2024, the automaker unveiled its ambitious roadmap for electrification, centered around the new 0 Series of electric vehicles. Built on a "thin, light, and wise"...
Headlines Articles
Lucid exceeded market expectations for third-quarter deliveries, reporting a total of 2,781 vehicles handed over by September 30.

Lucid exceeds Q3 delivery expectations amid discounts and financing boosts

- October 8, 2024
Lucid Motors exceeded market expectations for third-quarter deliveries, reporting a total of 2,781 vehicles handed over by September 30, surpassing analysts’ estimates of 2,242. This boost in demand, driven by...
Headlines Articles
Stellantis has escalated its ongoing dispute with the UAW by filing a lawsuit against the union and a local chapter in California.

Stellantis files lawsuit against UAW over alleged contract violations

- October 7, 2024
Stellantis has escalated its ongoing dispute with the United Auto Workers (UAW) by filing a lawsuit against the union. The lawsuit targets both the national UAW and a local chapter...
Headlines Articles
Rivian slashed its full-year production forecast on Friday and missed its third-quarter delivery expectations, citing weakening demand for EVs

Rivian cuts production forecast amid parts shortage and cooling EV demand

- October 7, 2024
Rivian slashed its full-year production forecast on Friday and missed its third-quarter delivery expectations, citing a parts shortage and weakening demand for electric vehicles (EVs). This announcement sent shares of...
Headlines Articles
Nissan is recalling 23,887 Leaf EVs due to a fire risk when using DC fast chargers, affecting models from August 2018 & November 2020

Nissan recalls nearly 24,000 Leaf EVs due to fire risk during DC fast charging

- October 7, 2024
Nissan is recalling 23,887 Leaf electric vehicles (EVs) in the U.S. due to a fire risk when using DC fast chargers. The recall affects models manufactured between August 29, 2018,...
Headlines Articles
Dealership fixed ops need to adapt to meet the service needs of EVs, by preparing for changes, you'll position your dealership for success

Preparing your dealership for the future of service: The impact of EVs on service departments

- October 7, 2024
Projections are that EVs will account for 50% of new vehicle sales by 2030. With that, dealership fixed operations need to adapt to meet the unique service needs of EVs....
Fixed-Ops Articles
The ILA has reached a tentative agreement with U.S. port operators, immediately ending a three-day strike that halted shipping.

U.S. dock workers end three-day strike, averts major supply chain disruptions

- October 4, 2024
The International Longshoremen's Association (ILA) has reached a tentative agreement with U.S. port operators, immediately ending a three-day strike that halted shipping across the East and Gulf Coast. The deal,...
Headlines Articles
Republican presidential candidate Donald Trump pledged that if reelected, he will prevent states from banning gasoline-powered cars and trucks

Trump vows to protect gas-powered vehicles, opposes state bans as key campaign issue in 2024

- October 4, 2024
Republican presidential candidate Donald Trump pledged on Thursday that if elected in November 2024, he will prevent any state from banning gasoline-powered cars and trucks. Speaking at a rally in...
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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