TSLA390.360-4.1%
GM76.800-0.84%
F14.100-0.08%
RIVN16.816-0.9839%
CYD44.610-1.26%
HMC28.7700.88%
TM179.6302.7096%
CVNA69.880-0.71%
PAG205.4105.01%
LAD337.1005.73%
AN208.6505.11%
GPI328.0408.64%
ABG226.2707.84%
SAH102.0702.34%
TSLA390.360-4.1%
GM76.800-0.84%
F14.100-0.08%
RIVN16.816-0.9839%
CYD44.610-1.26%
HMC28.7700.88%
TM179.6302.7096%
CVNA69.880-0.71%
PAG205.4105.01%
LAD337.1005.73%
AN208.6505.11%
GPI328.0408.64%
ABG226.2707.84%
SAH102.0702.34%
TSLA390.360-4.1%
GM76.800-0.84%
F14.100-0.08%
RIVN16.816-0.9839%
CYD44.610-1.26%
HMC28.7700.88%
TM179.6302.7096%
CVNA69.880-0.71%
PAG205.4105.01%
LAD337.1005.73%
AN208.6505.11%
GPI328.0408.64%
ABG226.2707.84%
SAH102.0702.34%


EVs

new car sales vehicle sales

December’s U.S. vehicle sales brings a complex end to 2022

- January 10, 2023
December's U.S. retail vehicle sales results are a mixed bag. It signifies an end to 2022 that came with fluctuations experienced throughout the year. According to Cox Automotive, December will...
Sales & Marketing Daily Automotive News
Amazon and Mercedes

Amazon and Mercedes plan to make EVs more accessible to consumers

- January 9, 2023
Last Thursday, Amazon and Mercedes revealed new projects targeting electric vehicle accessibility in the U.S. Experts have continually raised red flags over the auto-industry's EV ambitions, warning that drivers will need...
Articles Headlines

Rivian and Lucid direct sales model legal in Illinois, judge rules

- January 6, 2023
An Illinois judge has dismissed a dealership-backed lawsuit targeting the state's allowance of the direct sales model. The Illinois Automobile Dealers Association was set to argue that the secretary of state's...
Articles Headlines
2023 chevy bolt

2023 Chevy Bolt gets a new price bump to ring in the New Year

- January 5, 2023
Earlier this week, General Motors raised the price of its 2023 Chevrolet Bolt from $26,595 to $27,495, a $900 increase. The 2023 Chevy Bolt is considered one of the most budget-friendly...
Articles Headlines
battery tech

EV owners may soon earn cash back thanks to new battery tech

- January 4, 2023
According to an experiment conducted by tech firm Fermata Energy, electric vehicle owners may one day be able to earn cash back for charging their car thanks to bi-directional battery...
Articles Headlines
driving range

Tesla gets $2.2 million fine from South Korea over driving range claims

- January 4, 2023
Tesla has been saddled with a fine totaling 2.85 billion won ($2.2 million), after South Korean regulators accused the automaker of misleading customers over the driving ranges of its vehicles. South...
Articles Headlines

Tesla reports record 405,000 vehicle deliveries in Q4, misses annual guidance

- January 3, 2023
Despite losing 65% of its market value in 2022, Telsa is still the world’s most valuable automaker. In a report released by Telsa, its quarterly deliveries have set a company...
Articles Headlines
Tesla discount

Rare Tesla discount gets boost for holidays as investors worry over sales

- December 23, 2022
In an extreme departure from form, the holiday Tesla discount will be doubled to $7,500 in the U.S. The Tesla discount was already a rare sight when it was listed earlier...
Articles Headlines
USPS vehicles

USPS vehicles to be electrified by 2028, thanks to Inflation Reduction Act

- December 23, 2022
United States Postal Service vehicles will be partially electrified by 2028, according to a recent press release. The 230,000 USPS vehicles currently in operation have a life-expectancy of 24 years. Around...
Articles Headlines
Chevy Bolts, 2023 chevy bolt

Fire risk in Chevy Bolts forces GM to recall 140,000 units

- December 23, 2022
General Motors has announced another recall of 140,000 2017-2023 Chevy Bolts due to a potential fire hazard. The automaker said that a design flaw in the vehicle's seatbelt pretensioner could spew...
Articles Headlines

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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