TSLA374.1600.44%
GM77.267-1.2529%
F12.325-0.155%
RIVN16.550-0.4%
CYD40.995-0.875%
HMC24.260-0.22%
TM192.415-3.66501%
CVNA395.420-7.6%
PAG160.1500.15%
LAD274.640-1.75%
AN202.500-0.47%
GPI336.220-3.56%
ABG200.910-1.1%
SAH70.930-0.29%
TSLA374.1600.44%
GM77.267-1.2529%
F12.325-0.155%
RIVN16.550-0.4%
CYD40.995-0.875%
HMC24.260-0.22%
TM192.415-3.66501%
CVNA395.420-7.6%
PAG160.1500.15%
LAD274.640-1.75%
AN202.500-0.47%
GPI336.220-3.56%
ABG200.910-1.1%
SAH70.930-0.29%
TSLA374.1600.44%
GM77.267-1.2529%
F12.325-0.155%
RIVN16.550-0.4%
CYD40.995-0.875%
HMC24.260-0.22%
TM192.415-3.66501%
CVNA395.420-7.6%
PAG160.1500.15%
LAD274.640-1.75%
AN202.500-0.47%
GPI336.220-3.56%
ABG200.910-1.1%
SAH70.930-0.29%


Facebook Marketplace

Price

VAN’s Tom Gregg discusses the challenges dealers face with private acquisitions

- December 16, 2021
Welcome to this week’s episode of Used Cars Weekly, the original CBT News show dedicated to bringing car dealers best practices and tips for the used car department, in-depth dealer interviews,...
Sales & Marketing Shows
Price

The secrets to marketing used cars successfully

- October 28, 2021
Welcome to this week’s episode of Used Cars Weekly, the original CBT News show dedicated to bringing car dealers best practices and tips for the used car department, in-depth dealer interviews,...
Headlines

Making the most out of your marketing strategy in today’s climate

- August 30, 2021
As low inventory and chip shortages stick around, should dealers cut back or double down in their advertising spend? On today’s show, we’re pleased to welcome back Bob Lanham, Facebook’s...
Sales & Marketing Featured
Facebook Marketplace

6 Steps for Dealerships to Get Started on Facebook Marketplace

- March 12, 2020
Here’s a stat that will scramble your brain: Facebook Marketplace now has 800 million users worldwide. Let that number sink in. Here in the U.S., 1 in 3 people use the tool....
Sales & Marketing Auto News
Facebook Marketplace

Why Dealerships Should Use Facebook Marketplace

- March 5, 2020
In 1995, Craigslist changed the way individuals bought and sold personal items, including used vehicles. Craigslist replaced newspaper classified ads as the go-to spot for posting cars for sale. Dealerships quickly...
Sales & Marketing Auto News
Facebook Marketplace

Why You Should Pay Attention to Facebook Marketplace for Autos

- May 10, 2019
In October 2017, Facebook made a push to expand the sale of used cars under its ever-expanding Marketplace platform. From its start as a simple classified ads platform, Facebook Marketplace...
Sales & Marketing Auto News
Facebook Marketplace

Why Facebook Marketplace Matters to Dealerships

- August 1, 2018
Facebook has always been a platform for auto dealerships to raise awareness through advertising and to create customer engagement through the dealership’s Facebook page. It’s also becoming a stronger platform...
Publishing Partners Articles
newscast

Can one big product make car buying seamless? | Ford CFO: Shifting capital away from internal combustion and toward electric vehicles | Facebook’s Marketplace Partners With Auto Dealers To Boost Used Car Sales

- October 31, 2017
On today's CBT Newscast for Tuesday, October 31st, 2017: Can one big product make car buying seamless? If the goal is to eventually create a seamless end-to-end car shopping experience, wouldn't the...
Daily Newscast

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Ford boosts U.S. assembly, Stellantis prioritizes turnaround strategy, Hyundai profit drops 24%
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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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CBT News
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