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 heavy-duty The move comes as GM invests approximately $390 million into the Fairfax facility to facilitate the production of the new Chevrolet Bolt EV.

GM to lay off 680 workers at Fairfax plant as production shifts to new Chevrolet Bolt EV

- September 20, 2024
General Motors (GM) announced Thursday that it will lay off 680 employees at its Fairfax assembly plant in Kansas City, Kansas, as it phases out production of the Chevrolet Malibu...
Articles Headlines
Ford Motor Company is recalling more than 144,000 of its 2022-2024 Ford Maverick vehicles in the U.S. due to a defect in the rearview camera.

Ford and GM issue major recalls impacting over 590,000 vehicles in the U.S.

- September 20, 2024
Ford Motor Company is recalling more than 144,000 of its 2022-2024 Ford Maverick vehicles in the U.S. due to a defect in the rearview camera. The U.S. National Highway Traffic...
Articles Headlines
Lucid talent

Lucid expands to Detroit, taps local talent for growth and upcoming electric SUV launch

- September 20, 2024
Lucid Motors, a Silicon Valley-based electric vehicle (EV) startup, officially opened its new office in Southfield, Michigan, this week as part of its strategic push to tap into Detroit’s automotive...
Headlines Articles
As the tax refund season concluded, sales in both new and used vehicle markets slowed, contributing to the rise in inventory levels.

New vehicle sales stabilize, days’ supply and inventory trends improve

- September 20, 2024
A recent analysis of vAuto Live Market View data reveals that new vehicle sales volume and average days' supply have stabilized after experiencing fluctuations due to a cyber breach at...
Headlines Articles
Get ready to learn how small wins, time management, and even hydration can drive peak performance in both personal and professional life.

Dave Anderson on ‘stacking wins’ and maximizing time for peak performance

- September 20, 2024
Today’s second part of this four-part series on Inside Automotive, we dive into more insightful lessons with leadership expert and author Dave Anderson. Known for his powerful podcast, The Game...
Inside Automotive Management & Leadership
Must-see innovative startups and tech at NADA 2025

How automation may be changing driver behavior

- September 20, 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...
Featured Future of Automotive

Weekly roundup: Treasury proposes EV charger tax credits, Ford strike deadline looms, Wireless charging advances

- September 20, 2024
Earlier this week: A new Treasury rule proposed tax credits to boost EV charger installations nationwide. Ford's River Rouge Tool and Die unit faces a strike deadline amid ongoing UAW disputes. Wireless...
Daily Automotive News Articles
Today's episode of Inside Automotive, we’re catching up with Brooke English Guy to get an update on business operations and her take on EVs

Dealer principal Brooke English Guy discusses inventory management, EV challenges, and dealer growth

- September 19, 2024
Third-generation family-owned dealerships Coastal Chevrolet Cadillac and Coastal Nissan have been serving their communities in South Carolina for decades. In today's episode of Inside Automotive, we’re catching up with dealer...
Inside Automotive Management & Leadership
interest rates

Fed slashes interest rates, offering relief as inflation eases

- September 18, 2024
The Federal Reserve announced a 50 basis point cut to its benchmark interest rate today, lowering the federal funds rate to a range of 4.75% to 5%. This is the...
Articles Daily Automotive News
General Motors EV owners can now purchase a NACS DC adapter for $225, allowing them to charge at Tesla Supercharger stations.

GM launches adapter for Tesla Supercharger access, expanding EV charging options

- September 18, 2024
Starting today, General Motors (GM) is making a major move to expand charging options for its electric vehicle (EV) customers. GM EV owners can now purchase a North American Charging...
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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