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

Envision AESC plans to build battery plant in Kentucky, creating 2,000 jobs

- April 15, 2022
According to Kentucky Governor Andy Beshear, Japan-based Envision AESC has plans to build a manufacturing plant for electric vehicle battery production in Bowling Green. Envision AESC will reportedly invest $2 billion into the project,...
Articles
Hyundai

Hyundai to build hybrid Santa Fe and electric Genesis SUV in Alabama

- April 14, 2022
At the New York Auto Show this week, Hyundai CEO Jose Munoz confirmed that the automaker plans to manufacture a hybrid version of its Santa Fe crossover and a fully-electric...
Articles Headlines

EV charging company Wallbox breaks ground at Texas facility

- April 14, 2022
Electric vehicle charging solutions firm Wallbox said this week that it had broken ground on a 130,000 square-foot manufacturing plant in Arlington, Texas, where it will build various models of EV chargers....
Articles Headlines

Honda reveals big plans for long-term electrification push

- April 14, 2022
In a recent briefing, Honda Motor Co. laid out its plans through 2030, including significant investments in the electrification of its products. The automaker will be dedicating $40 billion towards these efforts,...
Headlines Articles
gigafactory

Tesla holds ‘Cyber Rodeo’ to celebrate new Texas Gigafactory

- April 13, 2022
Last week, Tesla held its so-called “Cyber Rodeo” in Texas to celebrate the opening of its new Austin-based Gigafactory. Over 15,000 people were invited to the grand opening, which featured...
Daily Automotive News Articles

GM and Honda to collaborate on affordable EV development

- April 6, 2022
On Tuesday, April 5, General Motors and Honda announced a joint project to develop electric vehicles centered around the Ultium battery platform. The partnership is expected to produce mass volume...
Daily Automotive News Articles

VinFast to manufacture in North Carolina with a $4 billion investment

- April 4, 2022
Vietnamese electric vehicle (EV) startup VinFast confirmed earlier this week that it had chosen North Carolina as the location of a new production facility. VinFast’s facility will be the first...
Daily Automotive News Articles

Piping hot buy/sell market signals strong year ahead – Ryan Kerrigan | Kerrigan Advisors

- March 28, 2022
On today’s edition of Inside Automotive, Ryan Kerrigan, Managing Director of Kerrigan Advisors, gives an update on the buy/sell market and breaks down some of the auto industry’s most interesting...
Daily Automotive News Mergers & Acquisitions Tracker

How rising electric vehicle prices might affect future adoption

- March 24, 2022
It's no secret that new and used vehicles have seen significant price increases since the start of the pandemic. And it's turning out that electric vehicle manufacturers are not immune...
Daily Automotive News Articles

Washington Legislature takes bold step with 2030 new vehicle EV measure

- March 17, 2022
The rise of electric vehicles has taken on new momentum, as a new measure voted on by the Washington State Legislature has set a target to end sales of new...
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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