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

Car dealerships and auto techs must start preparing for an EV transition

- June 29, 2022
To be carbon neutral by 2050, all drivers need to switch from gasoline vehicles to EVs. As we’ve seen lately, there’s been a big push to make this happen. President Biden...
Daily Automotive News Articles
car shoppers

What type of car shoppers prefer an online only buying experience?

- June 28, 2022
During the pandemic, the topic of digital retailing became front and center as dealerships scrambled to keep providing cars for the customers who wanted them. Those tools and processes allow...
Sales & Marketing Articles

Electric vehicle tax credit bonus cut from spending bill says Senator Joe Manchin

- June 23, 2022
Democrats have given up on the $4,500 electric car tax credit extra for union-made EVs as part of the Build Back Better Act, according to Democratic Senator from West Virginia...
Articles Headlines
Automotive Standards Council

How to effectively prepare your website for emerging EV retailing

- June 22, 2022
On the latest episode of Auto Marketing Now, host Brian Pasch, founder of PCG Companies and BPE Enterprises, discusses prepping your local marketing strategy and digital processes to handle electric...
Headlines
EV price war

What an EV price war could mean for the auto retail industry

- June 20, 2022
There have been rumors circulating for months that an electric vehicle price war is coming. Many large EV companies fear this turn of events because more automakers are starting to...
Daily Automotive News Articles
Tesla

Tesla cuts 10% of workforce and cancels hiring events

- June 16, 2022
The global economy and steadily rising inflation are proving to be harmful to everyone, including the CEO of Tesla, Elon Musk. In fact, this CEO was almost certain the economy...
Headlines Articles

Automakers send letter requesting Congress to lift EV tax credit cap

- June 15, 2022
A recently written letter addressed to Congress urged lawmakers to omit or change the electric vehicle tax cap. Companies that produce electric vehicles currently get a EV tax credit of...
Headlines Articles
Tesla, Autopilot FSD

NHTSA expands probe into Tesla’s autopilot, could lead to recall

- June 13, 2022
The National Highway Traffic Safety Administration has expanded its investigation into Tesla’s Autopilot technology and is now asking for a so-called “engineering analysis.” Autopilot, which the automaker says is an...
Headlines Articles
Ford

Ford CEO Jim Farley hints at adjusting dealership model, might implement ‘multiple tiers of dealers’

- June 3, 2022
Ford Chief Executive Officer Jim Farley said at an Alliance Bernstein event that the electrification of the auto industry is “the most exciting land grab in our industry since the...
Articles Headlines
Elon Musk

Elon Musk tells employees to come in-person to the office or resign

- June 2, 2022
Tesla’s Chief Executive Officer Elon Musk sent two serious emails to all employees, stating they must return to the office or it will be assumed that they have quit. One of his...
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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