TSLA388.100-6.35999%
GM76.750-0.89%
F14.155-0.025%
RIVN16.667-1.1328%
CYD45.180-0.69%
HMC28.7350.845%
TM179.3602.44%
CVNA69.160-1.43%
PAG206.0855.685%
LAD341.55010.18%
AN208.9005.36%
GPI327.5008.1%
ABG226.7108.28%
SAH102.4102.68%
TSLA388.100-6.35999%
GM76.750-0.89%
F14.155-0.025%
RIVN16.667-1.1328%
CYD45.180-0.69%
HMC28.7350.845%
TM179.3602.44%
CVNA69.160-1.43%
PAG206.0855.685%
LAD341.55010.18%
AN208.9005.36%
GPI327.5008.1%
ABG226.7108.28%
SAH102.4102.68%
TSLA388.100-6.35999%
GM76.750-0.89%
F14.155-0.025%
RIVN16.667-1.1328%
CYD45.180-0.69%
HMC28.7350.845%
TM179.3602.44%
CVNA69.160-1.43%
PAG206.0855.685%
LAD341.55010.18%
AN208.9005.36%
GPI327.5008.1%
ABG226.7108.28%
SAH102.4102.68%


EVs

J.D. Power’s Tyson Jominy on how 2020 results can prepare car dealers for the year ahead

- January 13, 2021
To understand where 2021 auto sales could potentially be headed, dealers have to look back at what happened in the fourth quarter of 2020. On today's show, we speak with...
Daily Automotive News Featured

GNYADA’s Mark Schienberg reviews the highs and lows NY dealers experienced during COVID-19

- January 4, 2021
Today on CBT News, Mark Schienberg, President of the Greater New York Automobile Dealers Association, joins the show to discuss a recent audit report released by the association. The audit...
Daily Automotive News Featured
Apple

Sources say Apple targeting 2024 to release their own electric car

- December 23, 2020
Reports from Reuters indicate that Apple’s foray into the automotive industry may not be dead after all. Sources told Reuters that Apple has their sights set on producing an electric car...
Daily Automotive News Articles
EVs

New report calls on legislators to increase support for electric cars

- December 18, 2020
A report released on Dec 15 by the Alliance for Automotive Innovation calls on the government to increase support for both the manufacturing and ownership cycle of electric vehicles. The...
Daily Automotive News Articles
Tim Jackson

100 meetings in 100 days: CADA’s Tim Jackson discusses his commitment to the auto industry

- December 7, 2020
Rejoining the show for the first time since the beginning of the COVID-19 crisis, Tim Jackson, President of the Colorado Auto Dealers Association, sits down with Jim Fitzpatrick on CBT...
Daily Automotive News Featured
Ben Keating Keating Automotive Group, has been hit hard by Hurricane Beryl and CDK's cyberattacks.

Are customers shifting entirely to online car buying? TX dealer Ben Keating weighs in

- November 25, 2020
It may be difficult to find a dealer as unique as Ben Keating. Not only does he operate a successful dealership group, Keating Auto Group, in Texas, but he has also...
Management & Leadership Featured
Biden

Auto industry anticipates changes under Biden presidency

- November 11, 2020
While emerging from the financial crisis in 2008, the Obama administration, which included president-elect Joe Biden, announced its goal to have 1 million electric vehicles (EVs) on U.S. streets by...
Daily Automotive News Articles

How tech startup SparkCharge is addressing EV charging concerns – Josh Aviv, Founder

- November 6, 2020
The EV market is expanding and there has been an influx of companies entering the market, but there has also been a lack of charging infrastructure for these vehicles. SparkCharge...
Daily Automotive News Auto News
Biden

Trump vs. Biden on the future of the American automotive industry

- October 30, 2020
The current 2020 presidential candidates diverge on many issues, and the US auto industry is no exception. For undecided voters, it can be challenging to sort out who takes which...
Daily Automotive News Auto News

Fiat Chrysler plans to roll out Ram electric pickup

- October 29, 2020
As electric vehicles continue to grow in popularity, More auto brands are jumping on the trend of building new EV models. The latest addition to the EV race is Fiat...
Daily Automotive News Auto News

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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