TSLA390.780-3.68%
GM77.6900.05%
F14.2150.035%
RIVN17.260-0.5399%
CYD45.535-0.335%
HMC28.7650.875%
TM179.1502.23%
CVNA71.7851.195%
PAG206.4806.08%
LAD341.0109.64%
AN209.2455.705%
GPI328.6709.27%
ABG226.1607.73%
SAH103.3053.575%
TSLA390.780-3.68%
GM77.6900.05%
F14.2150.035%
RIVN17.260-0.5399%
CYD45.535-0.335%
HMC28.7650.875%
TM179.1502.23%
CVNA71.7851.195%
PAG206.4806.08%
LAD341.0109.64%
AN209.2455.705%
GPI328.6709.27%
ABG226.1607.73%
SAH103.3053.575%
TSLA390.780-3.68%
GM77.6900.05%
F14.2150.035%
RIVN17.260-0.5399%
CYD45.535-0.335%
HMC28.7650.875%
TM179.1502.23%
CVNA71.7851.195%
PAG206.4806.08%
LAD341.0109.64%
AN209.2455.705%
GPI328.6709.27%
ABG226.1607.73%
SAH103.3053.575%


new vehicle prices

New vehicle prices rise slightly in February as EV incentives hit record high

- March 12, 2025
According to Cox Automotive's Kelley Blue Book, new vehicle prices remained elevated in February, with the average transaction price (ATP) reaching $48,039, a 1.0% increase year over year. However, prices...
Headlines Articles
Carvana exceeded Wall Street’s fourth-quarter sales and earnings expectations but saw its stock drop following the announcement.

Carvana beats Q4 estimates, projects strong growth for 2025

- February 20, 2025
Carvana exceeded Wall Street’s fourth-quarter sales and earnings expectations but saw its stock drop following the announcement. Despite strong financial performance, shares fell 8.3% in after-hours trading to $258.50, likely...
Headlines Articles

New vehicle prices hit another all-time high in November

- December 13, 2021
For the eighth straight month, the average transaction price for new vehicles in the US hit never-before-seen territory while incentives dipped to historic lows. Kelley Blue Book is reporting that...
Daily Automotive News Auto News
September

New vehicle average price soars to more than $45,000 in September

- October 15, 2021
Auto industry professionals continue to wonder, just how high will new prices rise before hitting a ceiling? The answer to that question did not come in September. Kelley Blue Book...
Sales & Marketing Articles
prices

How out-of-control prices are impacting both the new and used car market

- August 30, 2021
New and used vehicle prices continue to climb to record high levels. On today’s show, we’re pleased to welcome Jessica Caldwell, Edmunds’ Executive Director of Industry Insights, to give us...
Daily Automotive News Featured

Latest Articles

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
Latest Articles 07/16/26

Mitsubishi expands Texas port operations to speed dealer deliveries

The AI platform capturing $10,000 a month in after-hours dealer revenue
Latest Articles 07/16/26

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
Latest Articles 07/16/26

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

Mexico targets USMCA tariffs, Volkswagen expands affordable EVs, Lucid denies bankruptcy rumors
Latest Articles 07/15/26

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

Your new car now comes with a camera pointed at your face. Europe just made it mandatory
Latest Articles 07/15/26

Your new car now comes with a camera pointed at your face. Europe just made it mandatory

Mexico targets auto, steel tariffs as USMCA review puts North American trade in focus
Latest Articles 07/15/26

Mexico targets auto, steel tariffs as USMCA review puts North American trade in focus


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