TSLA388.980-5.47999%
GM76.765-0.875%
F14.112-0.0676%
RIVN16.875-0.925%
CYD44.620-1.25%
HMC28.7350.845%
TM179.4202.5%
CVNA70.330-0.26%
PAG206.5406.14%
LAD341.45010.08%
AN208.7205.18%
GPI328.5809.17999%
ABG226.5508.12%
SAH102.9753.245%
TSLA388.980-5.47999%
GM76.765-0.875%
F14.112-0.0676%
RIVN16.875-0.925%
CYD44.620-1.25%
HMC28.7350.845%
TM179.4202.5%
CVNA70.330-0.26%
PAG206.5406.14%
LAD341.45010.08%
AN208.7205.18%
GPI328.5809.17999%
ABG226.5508.12%
SAH102.9753.245%
TSLA388.980-5.47999%
GM76.765-0.875%
F14.112-0.0676%
RIVN16.875-0.925%
CYD44.620-1.25%
HMC28.7350.845%
TM179.4202.5%
CVNA70.330-0.26%
PAG206.5406.14%
LAD341.45010.08%
AN208.7205.18%
GPI328.5809.17999%
ABG226.5508.12%
SAH102.9753.245%


EVs

retail sales

CBT Automotive Newscast: August 17, 2020

- August 17, 2020
Today's Featured Interview: CBT News Market Update: Zo Rahim, Cox Automotive & Jonas Moskowitz, LotLinx On this week's episode of the CBT News Market Update, new car sales came out to a...
Daily Newscast Headlines
Drako Motors

Drako Motors Founder on Disrupting the EV Market with $1.2M Supercar

- August 17, 2020
A year after the 2020 Drako GTE was officially announced, the 1,200-horsepower, electric, luxury sedan is still getting tons of attention and notoriety for its robust performance, and hefty price...
Daily Automotive News Auto News
auto industry

CBT Automotive Newscast: August 14, 2020

- August 14, 2020
Today's Featured Interview: Prime Automotive CEO Todd Skelton on How Business Has Changed in the Last 6 Months Prime Automotive Group was growing tremendously before the COVID-19 outbreak. CEO Todd Skelton was...
Daily Newscast Headlines
auto retail trends

Assessing 5 Major Auto Retail Trends with Steve Finlay, Editor of WardsAuto

- January 29, 2020
In years past, a common criticism the auto industry has faced is that it’s stuck in the past or slow to innovate. However, industry professionals on the showroom floor every...
Daily Automotive News Auto News

AutoNation CEO Cheryl Miller Discusses Market Disruptors, Industry Turnover, and Tariffs (Part 2)

- December 27, 2019
In part two of this CBT News exclusive, our host, Jim Fitzpatrick continues his conversation with Cheryl Miller, AutoNation's first female CEO, and first-ever female CEO of a publicly-traded auto...
Management & Leadership Auto News
EVs

Customers Want to Know: Can You Answer Questions about EVs?

- December 11, 2019
If it hasn’t happened already, a car with a plug will show up on your lot sooner rather than later. And, while it’s true that most customers who purchase an...
Daily Automotive News Auto News
service centers

How Service Centers Can Prepare for Electric Vehicles

- July 23, 2019
Automotive service centers have to stay on the cutting edge of automotive technology. An advancement the industry has been keeping an eye on in recent years is a trend toward...
Fixed-Ops Auto News
electric vehicle

Will EV Production Match Consumer Demand?

- June 26, 2019
Innovative automaker Tesla continues to dominate America’s headlines, exploring new markets for electric vehicles and reshaping the discussion of mobility in the coming age. The company is hurting for money...
Daily Automotive News Auto News
EVs

The Evolution of EVs – Where Are We Now?

- April 24, 2019
The 2019 New York International Auto Show is a showcase for Electric Vehicles (EVs). Auto Shows are generally a platform for manufacturers to demonstrate their visions for the future. The...
Daily Automotive News Auto News
EVs

How to Make Up For Lost Profits in Your Service Department as Consumers Shift to EVs – Steve Finlay, WardsAuto

- March 5, 2019
0 When electric vehicles become more popular and mainstream, dealers worry that their fixed-ops departments will be the ones to suffer. With simpler propulsion systems and 40 percent fewer parts, EVs...
Daily Automotive News Fixed-Ops

Latest Articles

Ford files patent for smart tool tracking system in vehicles
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Stellantis revives supplier program, JD Power sees transparency gains, Hyundai expands robotics strategy
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Bosch announces $225 million direct funding agreement with the U.S. Department of Commerce
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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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Hyundai takes full control of Boston Dynamics as robotics strategy accelerates
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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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