TSLA376.5872.8667%
GM77.525-0.995%
F12.400-0.08%
RIVN16.648-0.3023%
CYD41.230-0.64%
HMC24.250-0.23%
TM192.450-3.63%
CVNA398.740-4.28%
PAG159.875-0.125%
LAD275.655-0.735%
AN203.1600.19%
GPI336.280-3.5%
ABG201.010-1%
SAH70.700-0.52%
TSLA376.5872.8667%
GM77.525-0.995%
F12.400-0.08%
RIVN16.648-0.3023%
CYD41.230-0.64%
HMC24.250-0.23%
TM192.450-3.63%
CVNA398.740-4.28%
PAG159.875-0.125%
LAD275.655-0.735%
AN203.1600.19%
GPI336.280-3.5%
ABG201.010-1%
SAH70.700-0.52%
TSLA376.5872.8667%
GM77.525-0.995%
F12.400-0.08%
RIVN16.648-0.3023%
CYD41.230-0.64%
HMC24.250-0.23%
TM192.450-3.63%
CVNA398.740-4.28%
PAG159.875-0.125%
LAD275.655-0.735%
AN203.1600.19%
GPI336.280-3.5%
ABG201.010-1%
SAH70.700-0.52%


Lotpop

Auto retail expert Jasen Rice discusses the latest trends in the used car market

- May 10, 2021
In case you missed it, we’ve got a brand new show on CBT all about the used car industry. On today’s show, we’re pleased to welcome the host of Used...
Sales & Marketing Featured
used car leasing

How car dealers can obtain the best vehicles amid industry-wide challenges – Matt Lasco, Ford dealer

- May 6, 2021
On the latest episode of Used Cars Weekly, host Jasen Rice is joined by Matt Lasco, Dealer Principal at Lasco Ford. Lasco joins the show to discuss how car dealers...
Headlines
used car leasing

How car dealers can implement the ‘First 30’ strategy to increase used-car sales

- April 22, 2021
Welcome to the first episode of the CBT News original series, Used Cars Weekly, with automotive industry expert and host Jasen Rice. Rice began his career on the retail side...
Headlines

CBT News Market Update: Bill Reidy, LotLinx & Jasen Rice, Lotpop

- April 19, 2021
Welcome to another edition of the CBT News Market Update. To quickly recap this week’s numbers, the retail SAAR of new car sales came out to 6.85, a 32.5% increase from...
Sales & Marketing Publishing Partners
vehicle

CBT automotive newscast: September 28, 2020

- September 28, 2020
Today’s Featured Interview: CBT News Market Update: Jasen Rice, Lotpop & Derek Mah, LotLinx To quickly recap this week’s numbers, new car sales came out to a retail SAAR of 13.41, a...
Daily Newscast
market update

CBT News Market Update: Jasen Rice, Lotpop & Derek Mah, LotLinx

- September 28, 2020
Welcome to another edition of the CBT News Market Update. To quickly recap this week’s numbers, new car sales came out to a retail SAAR of 13.41, a small 1.7%...
Featured Headlines
Rapid Recon

NADA 2019: Rapid Recon, Dennis McGinn & Jasen Rice, Lotpop

- February 8, 2019
Jim Fitzpatrick sat down to talk with Dennis McGinn of Rapid Recon and Jasen Rice of Lotpop at the NADA 2019 Show to discuss inventory management and what you can do...
Daily Automotive News Featured

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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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CBT News
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