TSLA376.7903.07001%
GM77.780-0.74%
F12.320-0.16%
RIVN16.351-0.599%
CYD41.860-0.01%
HMC24.325-0.155%
TM192.965-3.11461%
CVNA403.9900.97%
PAG160.3000.3%
LAD274.725-1.66499%
AN203.1150.145%
GPI340.6100.83%
ABG201.280-0.73%
SAH71.7700.55%
TSLA376.7903.07001%
GM77.780-0.74%
F12.320-0.16%
RIVN16.351-0.599%
CYD41.860-0.01%
HMC24.325-0.155%
TM192.965-3.11461%
CVNA403.9900.97%
PAG160.3000.3%
LAD274.725-1.66499%
AN203.1150.145%
GPI340.6100.83%
ABG201.280-0.73%
SAH71.7700.55%
TSLA376.7903.07001%
GM77.780-0.74%
F12.320-0.16%
RIVN16.351-0.599%
CYD41.860-0.01%
HMC24.325-0.155%
TM192.965-3.11461%
CVNA403.9900.97%
PAG160.3000.3%
LAD274.725-1.66499%
AN203.1150.145%
GPI340.6100.83%
ABG201.280-0.73%
SAH71.7700.55%


hydrogen

General Motors is working with the federal government and select business partners to launch heavy-duty hydrogen trucks in the U.S.

General Motors to deploy hydrogen fuel-cell trucks at U.S. worksites

- March 6, 2024
General Motors and the Department of Energy are investing a combined $65 million to deploy hydrogen fuel-cell work trucks across the U.S. The new trucks, powered by the automaker's Hydrotec system,...
Articles Headlines
Koji Sato Hydrogen

New Toyota chief refuses to abandon hydrogen, will improve supply chain

- March 21, 2023
Incoming Toyota CEO Koji Sato says he will continue to prioritize hydrogen as an alternative fuel source, even as the automaker ramps up electric vehicle production. In addition to his support...
Articles Headlines
mobility transportation

5 innovations shaping the future of automotive mobility

- February 21, 2023
If science fiction writers had their way, we'd all be moving around by self-piloted pods hundreds of feet above the ground. But that future is far off, if ever. Yet,...
Articles Daily Automotive News
tax credits

Goldman Sachs says big bucks in store for green energy infrastructure

- December 2, 2022
Goldman Sachs believes the Biden Administration’s Inflation Reduction Act could breathe new life into the U.S.’s green energy infrastructure. In an interview with CNBC, Michele DellaVigna, a regional Commodity Equity Business...
Articles Headlines

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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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