TSLA376.2192.4994%
GM77.755-0.765%
F12.340-0.14%
RIVN16.370-0.5803%
CYD41.360-0.51%
HMC24.310-0.17%
TM192.910-3.17%
CVNA404.6151.59499%
PAG160.5500.55%
LAD274.500-1.89%
AN203.2400.2699%
GPI339.7800%
ABG201.255-0.755%
SAH71.3600.14%
TSLA376.2192.4994%
GM77.755-0.765%
F12.340-0.14%
RIVN16.370-0.5803%
CYD41.360-0.51%
HMC24.310-0.17%
TM192.910-3.17%
CVNA404.6151.59499%
PAG160.5500.55%
LAD274.500-1.89%
AN203.2400.2699%
GPI339.7800%
ABG201.255-0.755%
SAH71.3600.14%
TSLA376.2192.4994%
GM77.755-0.765%
F12.340-0.14%
RIVN16.370-0.5803%
CYD41.360-0.51%
HMC24.310-0.17%
TM192.910-3.17%
CVNA404.6151.59499%
PAG160.5500.55%
LAD274.500-1.89%
AN203.2400.2699%
GPI339.7800%
ABG201.255-0.755%
SAH71.3600.14%


Joe Biden

Biden

Lawmakers pressure Biden Administration for gasoline car phase-out date

- March 25, 2021
Furthering the current push by many lawmakers to create more eco-friendly vehicles that will reduce and eliminate emissions, two California senators are now pressuring President Joe Biden to “follow California's...
Daily Automotive News Articles

New emissions regulations could change new car sales in the next decade

- February 1, 2021
Since entering the Oval Office, President Joe Biden has made it clear that addressing climate control will be a major priority during his administration. In the first few weeks of...
Headlines Daily Automotive News
Buttigieg

Once a rival, Buttigieg is Biden’s selection for Transportation Secretary

- December 17, 2020
President-elect Joe Biden has selected Pete Buttigieg as his nominee for transportation secretary when he takes office in January. The move may come as a surprise to some as Biden and Buttigieg...
Auto News Articles
Biden

Auto industry anticipates changes under Biden presidency

- November 11, 2020
While emerging from the financial crisis in 2008, the Obama administration, which included president-elect Joe Biden, announced its goal to have 1 million electric vehicles (EVs) on U.S. streets by...
Daily Automotive News Articles
Biden

Joe Biden: “Move to the vehicles of the future”

- October 16, 2020
The automotive industry has thankfully shown signs of recovery throughout the past few months and will hopefully continue to improve despite the ongoing coronavirus pandemic. This week, presidential nominee Joe...
Daily Automotive News Auto News
debate

Recap of auto-related mentions in 1st Presidential Debate

- October 2, 2020
As most people were expecting, the first presidential debate was full of shouting and chaos between President Donald Trump and presidential-hopeful Joe Biden. Much of the debate entailed topics such...
Daily Automotive News Auto News
automotive

CBT Automotive Newscast: August 25, 2020

- August 25, 2020
Today's Featured Interview: Author and Former MLB Player Mike Robbins on Inspiring Your Team to Win The retail automotive industry can sometimes be a rough business, from dealing with sales to management....
Daily Newscast Headlines
Biden

Trump vs. Biden: What Are their Plans for the Auto Industry?

- August 25, 2020
The American election is coming on November 3rd, just ten weeks away, and polls are very close between the Trump-Biden camps, according to CNN’s tracking data. Without a doubt, the...
Daily Automotive News 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
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