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

Nissan

Nissan considering new plant in the U.S., COO says

- May 16, 2022
On Friday, Nissan Motor Co.’s Chief Operating Officer Ashwani Gupta said that it “may not be a surprise” if the automaker chooses to open another manufacturing plant in the United...
Articles Headlines
Lordstown Motors

Lordstown Motors closes critical deal with Foxconn

- May 13, 2022
Lordstown Motors Corp. announced on Wednesday that it has finally closed its deal with Taiwan-based Foxconn, which will provide the company with much-needed capital that will help it continue its operations....
Articles Headlines
General Motors

General Motors to return to Europe for EV production, CEO Mary Barra says

- May 13, 2022
General Motors Chief Executive Officer Mary Barra announced this week that the automaker is planning on returning to Europe and will only be manufacturing electric vehicles there. Aside from continuing sales...
Articles Headlines
GNYADA

GNYADA Pres. Mark Schienberg on electric cars, OEM direct sales, and the New York Auto Show

- May 9, 2022
Today on Inside Automotive, we’re pleased to welcome back Mark Schienberg, President of the Greater New York Automobile Dealers Association or GNYADA to discuss this year’s New York Auto Show...
Daily Automotive News Featured

U.S. government to allocate over $3 billion to EV battery manufacturing

- May 4, 2022
On Monday, U.S. government officials said that over $3 billion of last year's $1 trillion infrastructure bill would be put towards electric vehicle (EV) battery manufacturing. The funding, which will come...
Articles Headlines
Georgia

Georgia to give Rivian $1.5 billion in tax credits and incentives

- May 4, 2022
In a statement earlier this week, the State of Georgia and Rivian Automotive Inc. said the electric automaker would be receiving $1.5 billion in incentives and tax credits for its planned manufacturing...
Articles Headlines
Volkswagen

Volkswagen considers expanding Chattanooga plant to make room for EV production

- April 29, 2022
According to an inside source, Volkswagen is currently exploring the possibility of expanding its plant in Chattanooga, Tennessee, to accommodate the production of an electric pick-up truck and the much-anticipated...
Articles
Lucid sues texas

Lucid Group to provide Saudi Arabia 50,000 electric cars over the next decade

- April 28, 2022
California-based Lucid Group Inc. said this week that the government of Saudi Arabia has agreed to buy at least 50,000 Lucid vehicles throughout the next decade. Saudi Arabia, which owns over a...
Articles
Soelect

Lotte Chemical, Soelect join forces to expand electric car battery production in U.S.

- April 27, 2022
On Tuesday, South Korea’s Lotte Chemical and North Carolina-based electric vehicle battery maker Soelect announced they had signed a memorandum of understanding indicating a $200 million joint venture to create...
Articles Headlines
Tesla

Minister Nitin Gadkari renews offer for Tesla to make electric cars in India, no imports from China

- April 27, 2022
India’s Road Transport Minister Nitin Gadkari continues his push to get Tesla to produce vehicles in the country despite ongoing disagreements about a potential manufacturing plant and taxes. On Tuesday, Gadkari said,...
Articles


Latest Articles

Ford files patent for smart tool tracking system in vehicles
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Ford files patent for smart tool tracking system in vehicles

Stellantis revives supplier program, JD Power sees transparency gains, Hyundai expands robotics strategy
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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.
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Stellantis revives supplier rewards program to drive cost savings

Pricing transparency raises OEM website satisfaction, JD Power finds
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Pricing transparency raises OEM website satisfaction, JD Power finds

Hyundai takes full control of Boston Dynamics as robotics strategy accelerates
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Hyundai takes full control of Boston Dynamics as robotics strategy accelerates

Mitsubishi expands Texas port operations to speed dealer deliveries
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The AI platform capturing $10,000 a month in after-hours dealer revenue
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Fighting payment anxiety in the F&I office with empathy and value
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Mexico targets USMCA tariffs, Volkswagen expands affordable EVs, Lucid denies bankruptcy rumors
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CBT News
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