TSLA376.3402.62%
GM77.540-0.98%
F12.405-0.075%
RIVN16.640-0.3101%
CYD41.230-0.64%
HMC24.255-0.225%
TM192.670-3.41%
CVNA398.740-4.28%
PAG159.875-0.125%
LAD275.100-1.29%
AN203.1600.19%
GPI336.280-3.5%
ABG201.010-1%
SAH70.700-0.52%
TSLA376.3402.62%
GM77.540-0.98%
F12.405-0.075%
RIVN16.640-0.3101%
CYD41.230-0.64%
HMC24.255-0.225%
TM192.670-3.41%
CVNA398.740-4.28%
PAG159.875-0.125%
LAD275.100-1.29%
AN203.1600.19%
GPI336.280-3.5%
ABG201.010-1%
SAH70.700-0.52%
TSLA376.3402.62%
GM77.540-0.98%
F12.405-0.075%
RIVN16.640-0.3101%
CYD41.230-0.64%
HMC24.255-0.225%
TM192.670-3.41%
CVNA398.740-4.28%
PAG159.875-0.125%
LAD275.100-1.29%
AN203.1600.19%
GPI336.280-3.5%
ABG201.010-1%
SAH70.700-0.52%


Jasen Rice

Price

Third-generation car dealers share what fueled the success of their family business

- November 18, 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...
Featured Headlines
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
Price

How car dealers can win over new customers and retain them long-term

- October 14, 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 Headlines
wholesale

What’s the reason behind fluctuating wholesale values?

- September 27, 2021
Wholesale values fluctuated significantly throughout the past month leaving many of you wondering what this means for you, the industry, and why it is happening. Jasen Rice, President, and CEO...
Sales & Marketing Featured
marketing used cars

Is having a wholesale profit a bad thing nowadays?

- September 23, 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 Headlines
marketing used cars

How will the recent hurricanes affect the used car market?

- September 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 Headlines
marketing used cars

How car dealers can be proactive when stocking their used-car inventory

- September 9, 2021
On the latest episode of Used Cars Weekly, host Jasen Rice discusses stocking and how dealers can be proactive in their stocking instead of reactive. Stocking used-car inventory is a...
Sales & Marketing Headlines
marketing used cars

How this used car manager is adapting to unprecedented supply and demand constraints

- September 2, 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
marketing used cars

Best practices for used car management with Kelly Automotive’s Chris Saraceno

- August 19, 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
marketing used cars

How to leverage recall opportunities for added service revenue and used car acquisitions

- August 12, 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

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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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