TSLA376.1402.42%
GM77.900-0.62%
F12.340-0.14%
RIVN16.335-0.615%
CYD41.680-0.19%
HMC24.295-0.185%
TM192.660-3.42%
CVNA402.920-0.1%
PAG160.3700.37%
LAD274.965-1.425%
AN203.1450.175%
GPI339.9700.19%
ABG201.889-0.1207%
SAH71.7200.5%
TSLA376.1402.42%
GM77.900-0.62%
F12.340-0.14%
RIVN16.335-0.615%
CYD41.680-0.19%
HMC24.295-0.185%
TM192.660-3.42%
CVNA402.920-0.1%
PAG160.3700.37%
LAD274.965-1.425%
AN203.1450.175%
GPI339.9700.19%
ABG201.889-0.1207%
SAH71.7200.5%
TSLA376.1402.42%
GM77.900-0.62%
F12.340-0.14%
RIVN16.335-0.615%
CYD41.680-0.19%
HMC24.295-0.185%
TM192.660-3.42%
CVNA402.920-0.1%
PAG160.3700.37%
LAD274.965-1.425%
AN203.1450.175%
GPI339.9700.19%
ABG201.889-0.1207%
SAH71.7200.5%


infrastructure

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
Electricity Infrastructure, battery technology

Energy infrastructure not ready for the EV future, research shows

- November 21, 2022
Utility company National Grid has conducted research that casts doubt on the preparedness of energy infrastructure to meet the coming demand. With states like New York and California setting aggressive deadlines...
Articles Headlines
EVs

Most consumers still unconvinced about self-driving cars and EVs

- December 9, 2021
Deloitte recently ran a survey related to consumer thoughts about self-driving vehicles. The results of this study might surprise you, especially with the big push to go electric in the...
Daily Automotive News Articles
non-luxxury

North Carolina selected for new Toyota EV battery plant

- December 9, 2021
On December 7, Toyota announced a major investment into electric vehicle manufacturing with a new battery plant coming in the state of North Carolina. The news was revealed jointly with...
Daily Automotive News Articles
infrastructure

What the Biden infrastructure bill has in store for the auto industry

- November 11, 2021
After months of vigorous debates within the House of Representatives, the majority voted last Friday to pass the long-awaited infrastructure bill that will allocate $550 billion to new infrastructure as...
Daily Automotive News Articles
EVs

Nearly one-third of car shoppers are checking out EVs

- November 3, 2021
Cars.com research suggests that 32% of car shoppers are now looking to get into EVs. For these car shoppers, there will be over 100 new EV models entering the market...
Sales & Marketing Articles
Hertz

Hertz places largest fleet order of Tesla EVs to date

- October 26, 2021
Early on Monday, rental car company Hertz confirmed in a press release that they have ordered 100,000 Tesla EVs for their fleet operations. The deal is worth $4.2 billion, and...
Daily Automotive News Articles
Dealer of the Year

How TIME’s Dealer of the Year Rick DeSilva Jr. showed strong leadership during turbulent year

- October 6, 2021
For 10 years TIME in partnership with Ally has recognized new car dealers across the country for their performance and community service. This year, second-generation dealer, Rick DeSilva Jr. was...
Management & Leadership Featured
infrastructure bill

How could a new infrastructure bill impact EV stocks?

- July 14, 2021
President Biden has plans to unveil a $2.5 trillion infrastructure proposal this week, which would be one of the largest infrastructure ventures the US has ever seen. Revamping the infrastructure...
Daily Automotive News Articles
home

Do You Have the Infrastructure to Allow Your Agents to Work from Home?

- April 7, 2020
Live engagement has become a vital tool for assisting online car buyers throughout their purchasing process by taking the dealership to the customer. At the moment, 87 percent of shoppers...
Management & Leadership Auto News

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
Powered by  GDPR Cookie Compliance
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.