TSLA376.0702.35%
GM77.895-0.625%
F12.345-0.135%
RIVN16.340-0.61%
CYD41.680-0.19%
HMC24.300-0.18%
TM192.680-3.4%
CVNA402.980-0.04%
PAG160.2950.295%
LAD274.510-1.88%
AN203.1450.175%
GPI339.9700.19%
ABG201.889-0.1207%
SAH71.7200.5%
TSLA376.0702.35%
GM77.895-0.625%
F12.345-0.135%
RIVN16.340-0.61%
CYD41.680-0.19%
HMC24.300-0.18%
TM192.680-3.4%
CVNA402.980-0.04%
PAG160.2950.295%
LAD274.510-1.88%
AN203.1450.175%
GPI339.9700.19%
ABG201.889-0.1207%
SAH71.7200.5%
TSLA376.0702.35%
GM77.895-0.625%
F12.345-0.135%
RIVN16.340-0.61%
CYD41.680-0.19%
HMC24.300-0.18%
TM192.680-3.4%
CVNA402.980-0.04%
PAG160.2950.295%
LAD274.510-1.88%
AN203.1450.175%
GPI339.9700.19%
ABG201.889-0.1207%
SAH71.7200.5%


forecast

2023 outlook

Porsche optimistic on 2023 outlook, expects near 20% return on sales

- March 14, 2023
Luxury German automaker Porsche has published its 2023 outlook, predicting it will earn nearly 20% back on sales. The optimistic forecast arrives just after Porsche revealed record-breaking earnings for 2022. Last...
Articles Headlines
2023 dealerships

What must auto dealerships focus on this coming year? — Tyson Jominy, J.D. Power

- February 1, 2023
After a challenging and disappointing year, dealerships are anxious to know what's in store for retail auto in 2023. Consumer research firm J.D. Power is at the forefront of market...
Sales & Marketing Inside Automotive
used-car dealerships

Best practices used car retailers must prioritize in 2023

- January 16, 2023
Last year was one of the most challenging on record for the pre-owned vehicle market. Despite a strong performance in 2021, many used car retailers faced high vehicle prices and...
Sales & Marketing Daily Automotive News
Q4 of 2022

Lucid finished Q4 of 2022 strong, but still faces challenges

- January 16, 2023
Electric Vehicle newcomer Lucid announced it had beaten last year's production target thanks to a strong performance in Q4 of 2022. The automaker's revised manufacturing target was 7,000 units, a number...
Articles Headlines
used-vehicle

Manheim forecasts used vehicle market will perform better in 2023

- January 11, 2023
Cox Automotive has published a surprisingly positive forecast for 2023's used-vehicle market, predicting slightly better sales and a market normalization. The data used for its analysis was sourced from the Manheim...
Articles Headlines

New car buyers face record-high monthly auto loan payments

- January 6, 2023
Monthly auto loan payments have hit an all time high, according to data published by Edmunds. The report sourced data from the last quarter of 2022, a year which saw record...
Articles Headlines
inventory

Inventory pressures still top of mind for auto retailers in 2023, study finds

- January 5, 2023
Research published by Wards Auto reveals that dealerships are still looking to shore up their inventories in 2023, despite struggling with vehicle shortages for multiple years. The findings were based on...
Articles Headlines
EV sales, chevy bolts

Auto leaders have lowered their EV sales outlook after slow growth

- December 21, 2022
In a new report, KPMG unveiled data showing how the auto-industry's EV sales outlook has soured over the course of 2022. Using survey responses from 900 auto executives, the accounting firm...
Articles Headlines
2023

New Edmunds report forecasts modestly improved new vehicle market in 2023

- December 16, 2022
Market researchers at Edmunds believe that 2023 will bring a small but noticeable increase in new vehicle sales thanks to slight economic recoveries seen throughout the year. The report, published this...
Articles Headlines
Cox, used-car

Dealers report worst attitudes on record, according to Cox Automotive

- December 12, 2022
Dealerships are less confident than ever about the car market, according to a new report released by Cox Automotive. The study, which obtains quarterly data on dealer sentiments, surveyed roughly 1,000...
Articles Headlines

Latest Articles

Sale of stakes in Bugatti Rimac and Rimac Group marks latest move in Porsche CEO Michael Leiters' sweeping turnaround effort.
Latest Articles 04/24/26

Porsche sells Bugatti Rimac stakes as it shifts focus to gas, hybrid models

Ford boosts U.S. assembly, Stellantis prioritizes turnaround strategy, Hyundai profit drops 24%
Latest Articles 04/24/26

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

Toyota Mobility Foundation Names Innovators in Clean Freight as Detroit Winners of Global Sustainable Cities Challenge
Latest Articles 04/24/26

Toyota Mobility Foundation names innovators in clean freight as Detroit winners of Global Sustainable Cities Challenge

Baumann Auto Group
Latest Articles 04/24/26

Baumann Auto Group acquires Firelands Chevrolet of Norwalk in Ohio

Ford doubles down on U.S. assembly as trade policies shift industry strategy
Latest Articles 04/24/26

Ford doubles down on U.S. assembly as trade policies shift industry strategy

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 04/24/26

Stellantis to prioritize four core brands in turnaround strategy, sources say

Hyundai's profit drops 24% as tariffs, weak global demand persist 
Latest Articles 04/24/26

Hyundai’s profit drops 24% as tariffs, weak global demand persist 

The latest JD Power-GlobalData forecast shows a decline in new car sales in April, but you can blame last year's tariff panic, not today's buyers.
Latest Articles 04/24/26

New car sales drop 7.3% in April, but don’t blame buyers

2026 Subaru Outback: Rugged evolution meets everyday practicality
Latest Articles 04/24/26

2026 Subaru Outback: Rugged evolution meets everyday practicality

Autonomous
Latest Articles 04/24/26

Autonomous future back in focus as Waymo expands, Uber reinvests billions


CBT News
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