TSLA391.060-3.4%
GM77.7200.08%
F14.1800%
RIVN17.090-0.71%
CYD44.720-1.15%
HMC28.7700.88%
TM179.7602.84%
CVNA70.6400.05%
PAG204.7504.35%
LAD339.1607.79%
AN209.0005.46%
GPI331.65012.25%
ABG226.6608.23%
SAH102.8103.08%
TSLA391.060-3.4%
GM77.7200.08%
F14.1800%
RIVN17.090-0.71%
CYD44.720-1.15%
HMC28.7700.88%
TM179.7602.84%
CVNA70.6400.05%
PAG204.7504.35%
LAD339.1607.79%
AN209.0005.46%
GPI331.65012.25%
ABG226.6608.23%
SAH102.8103.08%
TSLA391.060-3.4%
GM77.7200.08%
F14.1800%
RIVN17.090-0.71%
CYD44.720-1.15%
HMC28.7700.88%
TM179.7602.84%
CVNA70.6400.05%
PAG204.7504.35%
LAD339.1607.79%
AN209.0005.46%
GPI331.65012.25%
ABG226.6608.23%
SAH102.8103.08%


market trends

Jonathan Smoke 2023 car market

What January’s success can tell us about the 2023 car market — Jonathan Smoke

- February 15, 2023
As the dust settles on the 2023 car market, dealers are obsessively watching for signs of change. The year promises to be pivotal for the automotive industry, and even though...
Sales & Marketing CBT Now
recession

Inflation growth in January surprises analysts, but recession remains uncertain

- February 15, 2023
Inflation outpaced expectations in January as the consumer price index (CPI) gained 0.5%, but despite the new numbers the recession debate remains unresolved. The CPI uses changes in the costs of...
Articles Headlines
price cuts

What Tesla’s price cuts really mean, and why automakers are indifferent — Kevin Tynan

- February 14, 2023
Earlier this year, Tesla made some unexpected price cuts across its lineup, leading to a range of reactions in the car market. While some were simply happy for the lower...
Daily Automotive News Inside Automotive
hibernating hibernation, phrases

How to bring your team out of sales hibernation

- February 14, 2023
The automotive industry is no stranger to the concept of sales hibernation. As a result, it is common for dealerships to experience a dip in sales during certain periods, particularly...
Sales & Marketing Articles
forgotten skills

The forgotten skills your sales team needs to relearn in 2023 — David Kain

- February 14, 2023
As dealers prepare for the automotive industry's revival, they often find that their sales departments have forgotten skills which were once foundational to their business's success. Vehicle scarcity and high...
Sales & Marketing Inside Automotive
Brian Maas

What the California car market can tell dealers about 2023 — Brian Maas, CNCDA

- February 13, 2023
California is the most populated state in the U.S. with thousands of dealerships serving incredibly diverse demographics, which explains why storeowners pay close attention to automotive retail news from the...
Daily Automotive News Featured
Evolve+

Hyundai unveils vehicle subscription service Evolve+ in Chicago

- February 13, 2023
Last week, Hyundai announced a new vehicle subscription service titled Evolve+ at the 2023 Chicago Auto Show. The brand revealed that customers would now be able to drive select vehicles for...
Articles Headlines
Honda operating profits (yen)

Honda’s Q3 performance a mixed bag: more operating profits, fewer sales

- February 13, 2023
Last Friday, Honda published its third quarter financial summary, revealing impressive gains in operating profits but disappointing sales and limited production. The automaker's operating profits grew 21% from the previous quarter,...
Articles Headlines
Stein

Ford, Farley and Formula 1: A peek into the brand’s future with Jason Stein

- February 10, 2023
Jason Stein is the host of Cars & Culture on SiriusXM, an automotive history podcast featuring interviews from business leaders such as Volkswagen CEO Thomas Schafer and Stefano Domenicali, Formula...
Daily Automotive News Inside Automotive

Best practices for improving efficiency and transparency in digital retailing — Pete MacInnis, eLEND Solutions

- February 9, 2023
The last two years have been transformative for the auto industry, and 2023 promises to be no different. With the proliferation of digital retail, dealers are anxious to earn revenue...
Daily Automotive News Featured


Latest Articles

Ford files patent for smart tool tracking system in vehicles
Latest Articles 07/16/26

Ford files patent for smart tool tracking system in vehicles

Stellantis revives supplier program, JD Power sees transparency gains, Hyundai expands robotics strategy
Latest Articles 07/16/26

Stellantis revives supplier program, JD Power sees transparency gains, Hyundai expands robotics strategy

Bosch announces $225 million direct funding agreement with the U.S. Department of Commerce
Latest Articles 07/16/26

Bosch announces $225 million direct funding agreement with the U.S. Department of Commerce

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 07/16/26

Stellantis revives supplier rewards program to drive cost savings

Pricing transparency raises OEM website satisfaction, JD Power finds
Latest Articles 07/16/26

Pricing transparency raises OEM website satisfaction, JD Power finds

Hyundai takes full control of Boston Dynamics as robotics strategy accelerates
Latest Articles 07/16/26

Hyundai takes full control of Boston Dynamics as robotics strategy accelerates

Mitsubishi expands Texas port operations to speed dealer deliveries
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Mitsubishi expands Texas port operations to speed dealer deliveries

The AI platform capturing $10,000 a month in after-hours dealer revenue
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The AI platform capturing $10,000 a month in after-hours dealer revenue

Fighting payment anxiety in the F&I office with empathy and value
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Fighting payment anxiety in the F&I office with empathy and value

Mexico targets USMCA tariffs, Volkswagen expands affordable EVs, Lucid denies bankruptcy rumors
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Mexico targets USMCA tariffs, Volkswagen expands affordable EVs, Lucid denies bankruptcy rumors


CBT News
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