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

Ford

Ford CEO Jim Farley shares more details about the automaker’s EV future

- August 2, 2022
Ford intends to let buyers either order electric vehicles online or straight through a dealership, according to CEO Jim Farley, who made the announcement during a call with investors to discuss the company's...
Articles Headlines
Rivian

Rivian confirms at least 800 layoffs, shifts focus to accelerating production

- July 29, 2022
Amy Mast, a spokesperson for Rivian Automotive, has confirmed in an email that at least 6% or 800 out of 14,000 of its employees will be laid off to speed up the...
Articles Headlines
Rivian

Rivian teases further expansion into commercial EV market

- July 25, 2022
According to CEO RJ Scaringe, Rivian Automotive is working on a broader range of electric commercial cars in a variety of designs and anticipates producing millions of EVs annually at...
Articles Headlines

Mustang Mach-E owners sue Ford over alleged battery defect

- July 13, 2022
Three Mustang Mach-E owners have filed a federal lawsuit against Ford Motor Company, claiming the automaker was aware of a design flaw that causes its electric cars to lose power...
Articles Headlines
Toyota

Toyota sells its 200,000th plug-in electric vehicle, loses EV tax credits for customers

- July 8, 2022
During the second quarter, Toyota sold its 200,000th plug-in electric vehicle, marking the phaseout of U.S. EV tax credits (up to $7,500) for its customer, which officially starts on October...
Articles Headlines

Hyundai COO José Muñoz sees strong potential in U.S. electric car market

- July 7, 2022
The U.S is still behind Europe and China in the race to increase electrification. However, despite rising inflation, Hyundai Motor Company's Chief Operating Officer, José Muñoz, believes that the U.S....
Articles Headlines

Michigan lawmakers approve $130 M funding for new EV center in Ann Arbor

- July 7, 2022
Michigan lawmakers recently approved funding for a new EV training center — a total of $130 million. The University of Michigan's Ann Arbor campus will be the host in collaboration...
Articles Headlines

Ford and GM expected to surpass Tesla in EV sales by 2025, Bank of America report reveals

- July 5, 2022
Bank of America has released its annual Car Wars Report, which evaluates automakers' success based on the introduction of new and updated vehicles. The study predicts that Tesla's EV market share...
Articles Headlines

Stellantis calls for EV affordability, warns high prices could collapse market

- July 1, 2022
The EV industry might be in trouble if they do not lower the average listing price for their vehicles. Although Europe and China are leaders in the EV industry since...
Articles Headlines

New NHTSA Chief says agency is cracking down on automated driver-assist systems

- July 1, 2022
Steven Cliff, the new head of the National Highway Traffic Safety Administration (NHTSA) is concerned about the lack of accurate knowledge about automatic and self-driving systems installed in electric vehicles....
Articles Headlines

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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