TSLA376.3002.58%
GM78.050-0.47%
F12.385-0.095%
RIVN16.520-0.43%
CYD42.2400.37%
HMC24.340-0.14%
TM192.320-3.76%
CVNA409.0506.03%
PAG160.4200.42%
LAD274.920-1.47%
AN203.0700.1%
GPI341.3901.61%
ABG203.0601.05%
SAH71.8400.62%
TSLA376.3002.58%
GM78.050-0.47%
F12.385-0.095%
RIVN16.520-0.43%
CYD42.2400.37%
HMC24.340-0.14%
TM192.320-3.76%
CVNA409.0506.03%
PAG160.4200.42%
LAD274.920-1.47%
AN203.0700.1%
GPI341.3901.61%
ABG203.0601.05%
SAH71.8400.62%
TSLA376.3002.58%
GM78.050-0.47%
F12.385-0.095%
RIVN16.520-0.43%
CYD42.2400.37%
HMC24.340-0.14%
TM192.320-3.76%
CVNA409.0506.03%
PAG160.4200.42%
LAD274.920-1.47%
AN203.0700.1%
GPI341.3901.61%
ABG203.0601.05%
SAH71.8400.62%


media release

Vehlo acquires Rapid Recon and Velocity Automotive

- January 24, 2023
KNOXVILLE, Tenn., January 23, 2023 — Vehlo, a leading provider of software and financial solutions for the automotive repair industry, today announced the acquisition of Rapid Recon and Velocity Automotive —...
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auto manufacturer website satisfaction J.D. Power

Auto manufacturer websites becoming more important to vehicle shoppers, J.D. Power finds

- January 10, 2023
TROY, Mich. 9 Jan. 2023 — As auto manufacturer websites become increasingly important to shoppers, overall satisfaction for manufacturer websites is also growing, up 11 points (on a 1,000-point scale)...
Auto News Articles
APCO Holdings F&I

APCO Holdings, LLC, acquires National Auto Care, creating nationwide F&I force

- January 4, 2023
NORCROSS, Ga.—January 3, 2023— APCO Holdings, LLC, a leading provider and administrator of automotive F&I products and home to the EasyCare and GWC Warranty brands, has acquired National Auto Care...
Auto News Articles
Cox Automotive, microchip shortage

As the clock winds down on a year steered by tight inventory and rising loan rates, Cox Automotive offers ten predictions for 2023

- December 19, 2022
ATLANTA, Dec. 19, 2022 – With the start of the New Year just weeks away, the Cox Automotive Industry Insights team offers its expectations for the U.S. automotive market in...
Daily Automotive News Auto News
AutoNation

AutoNation To Expand After-Sales Business with Acquisition of RepairSmith

- December 12, 2022
Fort Lauderdale, FL December 12, 2022 — AutoNation, Inc. (NYSE: AN), America's largest and most admired automotive retailer, today announced it has entered into an agreement to acquire RepairSmith, a full-service mobile solution...
Daily Automotive News Auto News
Jim Ellis Automotive Group

‘Tis the season for giving back at Jim Ellis Automotive

- December 2, 2022
Atlanta, GA December 1, 2022 — The Jim Ellis Automotive Group is pleased to announce their seventh annual holiday giving campaign supporting Children’s Healthcare of Atlanta. Starting December 1, 2022 through...
Daily Automotive News Auto News
DriveCentric

DriveCentric and NCC announce new integration and partnership

- October 20, 2022
Austin, TX October 20, 2022 — National Credit Center (NCC), a leading provider of credit, soft pulls, identify verification, and compliance solutions is pleased to announce its integration and partnership...
Auto News Headlines
email

New Salesforce Automotive Cloud helps the industry deliver on the promise of connected vehicles and next-gen customer experiences

- October 13, 2022
93% of auto industry leaders agree first-party data will help substantially improve the customer experience overall – whether during the vehicle browsing, purchasing, financing, or post-purchase phase.  Driver 360 is...
Daily Automotive News Auto News
Bruton Smith

Legendary businessman, philanthropist and NASCAR Hall of Famer Bruton Smith passes away

- June 23, 2022
CHARLOTTE, N.C. (June 22, 2022) – A visionary and transformative figure in both business and entertainment, Ollen Bruton Smith, the founder and executive chairman of Sonic Automotive (NYSE:SAH), Speedway Motorsports and Speedway Children’s Charities...
Auto News Headlines

Leading digital dealer-to-dealer auction marketplace expands inventory access in U.S.

- March 9, 2022
Burlington, VT – EBlock enables dealers to buy and sell inventory in less time through its dealer-to-dealer digital auction marketplace that captures the energy and urgency of a live auction.  “Dealers...
Sales & Marketing Daily Automotive News

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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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