TSLA391.060-3.4%
GM77.7200.08%
F14.1800%
RIVN17.090-0.71%
CYD44.720-1.15%
HMC28.7700.88%
TM179.7602.84%
CVNA70.6400.05%
PAG204.7504.35%
LAD339.1607.79%
AN209.0005.46%
GPI331.65012.25%
ABG226.6608.23%
SAH102.8103.08%
TSLA391.060-3.4%
GM77.7200.08%
F14.1800%
RIVN17.090-0.71%
CYD44.720-1.15%
HMC28.7700.88%
TM179.7602.84%
CVNA70.6400.05%
PAG204.7504.35%
LAD339.1607.79%
AN209.0005.46%
GPI331.65012.25%
ABG226.6608.23%
SAH102.8103.08%
TSLA391.060-3.4%
GM77.7200.08%
F14.1800%
RIVN17.090-0.71%
CYD44.720-1.15%
HMC28.7700.88%
TM179.7602.84%
CVNA70.6400.05%
PAG204.7504.35%
LAD339.1607.79%
AN209.0005.46%
GPI331.65012.25%
ABG226.6608.23%
SAH102.8103.08%


EVs

VW

VW will accelerate transition to electric vehicles, says CEO Oliver Blume

- September 2, 2022
Volkswagen's new Chief Executive Officer, Oliver Blume, spoke at an internal conference on Thursday to mark the first official day of his tenure. During the conference, Blume made remarks suggesting...
Articles Headlines
korean automakers

S. Korean automakers share concerns over US Inflation Reduction Act

- August 30, 2022
South Korean officials will meet with agents from the US Trade Representative's office and the US Treasury to express "concerns" about the Inflation Reduction Act, signed by President Joe Biden on August 16. Officials are...
Articles Headlines
manufacturing

How the Inflation Reduction Act plans to boost domestic EV production

- August 29, 2022
Recent reports have predicted how converting combustion engines to electric motors could significantly reduce US-sited OE manufacturers' engineering and manufacturing labor forces.   According to an article on the Business Insider site,...
Daily Automotive News Articles
Merecedes-Benz

Mercedes-Benz U.S. plants could switch to EV production by 2025

- August 29, 2022
Mercedes-Benz is prepped to lead the way for U.S. electric vehicle production. According to a statement made to Automotive News on Thursday by the luxury brand’s global production chief, Jorg...
Headlines Articles
California

California approves new regulations in push to ban gas-powered vehicles

- August 25, 2022
California is ready to take a step toward its goal of banning new gasoline-powered vehicle sales with the approval of new regulations this week. The new rules would set a...
Headlines Articles
Lincoln

Lincoln unveils the L100, its new electric concept car

- August 24, 2022
Lincoln’s new electric concept car combines the company’s past legacy with its vision for the future. Lincoln unveiled the futuristic design as a part of their 100-year anniversary celebration. The vehicle...
Headlines Articles
Ford

Ford announces layoffs as part of its shift to EVs

- August 24, 2022
Ford has begun notifying certain salaried and agency workers of layoffs this week, according to an internal email sent to its employees. Ford has been signaling for weeks they would layoff...
Headlines Articles
Porsche

Porsche to start production on all-electric Macan by the end of 2023

- August 23, 2022
Porsche has high hopes for its full-electric Macan model, which is set to enter into production starting by the end of next year. The company has stated they expect to...
Headlines Articles
EV buyers

Barriers and opportunities the auto industry must address to achieve an all-electric future

- August 19, 2022
Popular media would have us believe that the automotive industry is on a smooth and rapid transition to EVs. At the same time, governments across the globe set execution dates...
Daily Automotive News Articles
electric cars

5 of the hottest electric cars on the market and 5 more coming soon

- August 9, 2022
Electric cars are growing in popularity. With each coming month, more and more Americans are growing warmer to the idea of owning an electric car, but there are still some...
Daily Automotive News Articles

Latest Articles

Ford files patent for smart tool tracking system in vehicles
Latest Articles 07/16/26

Ford files patent for smart tool tracking system in vehicles

Stellantis revives supplier program, JD Power sees transparency gains, Hyundai expands robotics strategy
Latest Articles 07/16/26

Stellantis revives supplier program, JD Power sees transparency gains, Hyundai expands robotics strategy

Bosch announces $225 million direct funding agreement with the U.S. Department of Commerce
Latest Articles 07/16/26

Bosch announces $225 million direct funding agreement with the U.S. Department of Commerce

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 07/16/26

Stellantis revives supplier rewards program to drive cost savings

Pricing transparency raises OEM website satisfaction, JD Power finds
Latest Articles 07/16/26

Pricing transparency raises OEM website satisfaction, JD Power finds

Hyundai takes full control of Boston Dynamics as robotics strategy accelerates
Latest Articles 07/16/26

Hyundai takes full control of Boston Dynamics as robotics strategy accelerates

Mitsubishi expands Texas port operations to speed dealer deliveries
Latest Articles 07/16/26

Mitsubishi expands Texas port operations to speed dealer deliveries

The AI platform capturing $10,000 a month in after-hours dealer revenue
Latest Articles 07/16/26

The AI platform capturing $10,000 a month in after-hours dealer revenue

Fighting payment anxiety in the F&I office with empathy and value
Latest Articles 07/16/26

Fighting payment anxiety in the F&I office with empathy and value

Mexico targets USMCA tariffs, Volkswagen expands affordable EVs, Lucid denies bankruptcy rumors
Latest Articles 07/15/26

Mexico targets USMCA tariffs, Volkswagen expands affordable EVs, Lucid denies bankruptcy rumors


CBT News
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