TSLA391.170-3.29%
GM77.7100.07%
F14.1800%
RIVN17.090-0.71%
CYD44.730-1.14%
HMC28.7800.89%
TM179.8602.94%
CVNA70.6550.065%
PAG204.7604.36%
LAD339.0907.72%
AN208.9805.44%
GPI331.65012.25%
ABG226.7358.305%
SAH102.8103.08%
TSLA391.170-3.29%
GM77.7100.07%
F14.1800%
RIVN17.090-0.71%
CYD44.730-1.14%
HMC28.7800.89%
TM179.8602.94%
CVNA70.6550.065%
PAG204.7604.36%
LAD339.0907.72%
AN208.9805.44%
GPI331.65012.25%
ABG226.7358.305%
SAH102.8103.08%
TSLA391.170-3.29%
GM77.7100.07%
F14.1800%
RIVN17.090-0.71%
CYD44.730-1.14%
HMC28.7800.89%
TM179.8602.94%
CVNA70.6550.065%
PAG204.7604.36%
LAD339.0907.72%
AN208.9805.44%
GPI331.65012.25%
ABG226.7358.305%
SAH102.8103.08%


EVs

fire

Chevy Bolt EV owners told not to park vehicles inside due to fire risk

- July 16, 2021
In November 2020, a National Highway Traffic Safety Administration (NHTSA) recalled nearly 69,000 vehicles due to a fire risk. A Consumer Alert has now been issued by the NHTSA for...
Daily Automotive News Articles
infrastructure bill

How could a new infrastructure bill impact EV stocks?

- July 14, 2021
President Biden has plans to unveil a $2.5 trillion infrastructure proposal this week, which would be one of the largest infrastructure ventures the US has ever seen. Revamping the infrastructure...
Daily Automotive News Articles
electric vehicles

How car dealers should be discussing the costs of electric vehicles

- July 13, 2021
People have a variety of reasons as to why they want to switch from a gas vehicle to an electric vehicle. Top reasons include fuel cost savings, reducing your carbon...
Sales & Marketing Articles
Stellantis

Stellantis to invest $35 billion in EV development through 2025

- July 9, 2021
On Thursday, Stellantis announced a comprehensive electrification plan for all 14 brands at their EV Day 2021 virtual event. Stellantis CEO Carlos Tavares detailed the carmaker’s intentions to invest $35...
Daily Automotive News Articles
EVs

Newly proposed EV legislation sparks controversy

- July 8, 2021
As the push towards the electrification of the auto industry continues, questions about incentives and discounts remain a point of contention for lawmakers, automakers, and consumers. Back in April, the...
Daily Automotive News Articles
Troy Duhon

Premier Automotive Group’s Troy Duhon discusses his unique approach to acquiring used cars

- July 1, 2021
The inventory shortages that automotive retail is facing have forced many car dealers to become more creative in the way of sales and acquisitions. Joining us today is Troy Duhon,...
Management & Leadership Featured
Serra

How Serra Automotive is positioning itself for an even more profitable future

- June 25, 2021
Serra Automotive ranks among the top 10 privately-held retail automotive groups in the nation. With 51 car dealerships, representing 63 auto franchises, our guest today certainly has his finger on...
Management & Leadership Featured

4 key elements that will influence the electric vehicle market – Liza Borches, Carter Myers Automotive

- June 4, 2021
Carter Myers Automotive is working to bring more consumers to the electric vehicle market. On today’s show, we’re gaining insight with Liza Borches, President and CEO of Carter Myers Automotive.  Borches...
Management & Leadership Featured
General Motors

General Motors CMO Deborah Wahl discusses the automaker’s transition to an all-electric future

- May 6, 2021
General Motors has recently rolled out a new logo and rebranded website as part of its "Everybody In" campaign which highlights its corporate transformation to an all-electric future. The Detroit-based...
Sales & Marketing Daily Automotive News

CBT automotive newscast: April 28, 2021

- April 28, 2021
Featured Interview: How consistent processes can increase revenue in the service department - Don Reed Dealers are beginning to see increased profits and revenues in their service and parts division. Today on...
Daily Newscast

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
Powered by  GDPR Cookie Compliance
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.