TSLA376.7553.035%
GM77.900-0.62%
F12.385-0.095%
RIVN16.445-0.505%
CYD42.0200.15%
HMC24.290-0.19%
TM192.300-3.78%
CVNA407.5004.48%
PAG160.7500.75%
LAD274.980-1.41%
AN203.1200.15%
GPI340.7600.98001%
ABG203.9301.92%
SAH71.7400.52%
TSLA376.7553.035%
GM77.900-0.62%
F12.385-0.095%
RIVN16.445-0.505%
CYD42.0200.15%
HMC24.290-0.19%
TM192.300-3.78%
CVNA407.5004.48%
PAG160.7500.75%
LAD274.980-1.41%
AN203.1200.15%
GPI340.7600.98001%
ABG203.9301.92%
SAH71.7400.52%
TSLA376.7553.035%
GM77.900-0.62%
F12.385-0.095%
RIVN16.445-0.505%
CYD42.0200.15%
HMC24.290-0.19%
TM192.300-3.78%
CVNA407.5004.48%
PAG160.7500.75%
LAD274.980-1.41%
AN203.1200.15%
GPI340.7600.98001%
ABG203.9301.92%
SAH71.7400.52%


franchise car dealers

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
Buick dealerships Buick retailers

Buick retailers refuse new EV rules, sell dealerships back to company

- December 26, 2022
Buick retailers are apparently refusing to comply with the automaker's EV rules. Earlier this year, the GM subsidiary had notified dealers of the eligibility requirements in place for electric vehicle delivery....
Articles Headlines
PVR, franchise

How dealers can get involved in the battle to protect their franchise rights

- December 7, 2022
For years, auto sales have been facilitated through franchised dealers, but the direct-to-consumer sales model is becoming more prominent as newer automakers opt to sell their vehicles differently and continue...
Articles Daily Automotive News
principles

NADA President Mike Stanton discusses new guiding principles for auto retail

- November 10, 2022
In response to today's shifting retail market in the franchise system, the NADA released guiding principles on "Evolving Business Models." Today on Inside Automotive, we’re learning more about those guiding...
Daily Automotive News Inside Automotive


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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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