TSLA390.290-4.17%
GM76.810-0.83%
F14.105-0.075%
RIVN16.795-1.005%
CYD44.610-1.26%
HMC28.7650.875%
TM179.6452.725%
CVNA69.875-0.715%
PAG205.3904.99%
LAD337.1005.73%
AN208.6505.11%
GPI328.0408.64%
ABG226.2707.84%
SAH102.0702.34%
TSLA390.290-4.17%
GM76.810-0.83%
F14.105-0.075%
RIVN16.795-1.005%
CYD44.610-1.26%
HMC28.7650.875%
TM179.6452.725%
CVNA69.875-0.715%
PAG205.3904.99%
LAD337.1005.73%
AN208.6505.11%
GPI328.0408.64%
ABG226.2707.84%
SAH102.0702.34%
TSLA390.290-4.17%
GM76.810-0.83%
F14.105-0.075%
RIVN16.795-1.005%
CYD44.610-1.26%
HMC28.7650.875%
TM179.6452.725%
CVNA69.875-0.715%
PAG205.3904.99%
LAD337.1005.73%
AN208.6505.11%
GPI328.0408.64%
ABG226.2707.84%
SAH102.0702.34%


EVs

Ford CEO Jim Farley jabs Tesla for FSD testing

- April 20, 2021
Tesla might have led the way with battery electric technology, but Ford isn't going to take the fight lying down. With the release of the Mustang Mach-E, Ford's CEO Jim...
Daily Automotive News Articles
EV

EV production continues to ramp up…is consumer demand following suit? – Kevin Tynan, Bloomberg

- April 14, 2021
With outstanding earnings reports in the first quarter for many car dealers, what can the industry expect in Q2? Today on CBT News, Kevin Tynan, Senior Automotive Analyst for Bloomberg...
Sales & Marketing Featured
Senate

Bernie Moreno discusses his potential candidacy for Ohio’s 2022 Senate race

- April 7, 2021
The auto industry could start seeing a friendly face in Washington, D.C. come 2023. Successful dealer and technology entrepreneur Bernie Moreno will likely enter the upcoming Ohio Senate race, and...
Management & Leadership Featured
Peter Cooper

PA Dealer Pres. Peter Cooper on the takeaways from a better-than-expected Q1

- April 5, 2021
The first quarter of 2021 outperformed dealer expectations and market predictions. Today on CBT News, we’re pleased to welcome Peter Cooper, President and CEO of Lexus of Lehigh Valley, to...
Management & Leadership Featured
car dealers

NCM’s Paul Faletti on how auto dealers can carry momentum into the rest of 2021

- April 2, 2021
Auto dealers have managed to navigate the chaos of the 2020 market to carryover record sales into the first quarter of 2021. So the question has now become, how do...
Daily Automotive News Featured
california dealers

How California dealers are responding to Volvo’s online sales plan – Brian Maas, CNCDA

- April 1, 2021
California is a large market for Volvo here in the U.S. which is why many dealers in the state are up in arms about their latest plans to move EV...
Daily Automotive News Featured
Biden

Lawmakers pressure Biden Administration for gasoline car phase-out date

- March 25, 2021
Furthering the current push by many lawmakers to create more eco-friendly vehicles that will reduce and eliminate emissions, two California senators are now pressuring President Joe Biden to “follow California's...
Daily Automotive News Articles
EV

Are auto dealers and consumers ready for an EV future?

- March 23, 2021
Last week, in the German newspaper Frankfurter Allgemeine Zeitung, Audi CEO Markus Duesmann said there are no new internal-combustion engines in development at Audi. With Audi and, seemingly, every other automaker moving...
Daily Automotive News Articles
car dealers

How car dealers can use small wins to spark big growth in 2021 – Gary Barbera, Barbera Autoland

- March 22, 2021
Today on CBT News, Gary Barbera joins the show to reflect on 2020 in automotive and to look ahead to the challenges facing car dealers in 2021. Barbera is the...
Management & Leadership Featured
Lordstown Motors

Short-seller firm Hindenburg Research targets Lordstown Motors

- March 15, 2021
The investment research firm that exposed Nikola’s false claims last year has set its sights on Lordstown Motors. Hindenburg Research postulates that Lordstown Motors hasn’t been truthful with their investors and the public about...
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
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Mitsubishi expands Texas port operations to speed dealer deliveries

The AI platform capturing $10,000 a month in after-hours dealer revenue
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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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