TSLA373.380-0.34%
GM77.830-0.69%
F12.345-0.135%
RIVN16.424-0.5265%
CYD41.080-0.79%
HMC24.305-0.175%
TM192.770-3.31%
CVNA405.1202.1%
PAG160.7000.7%
LAD274.910-1.48%
AN203.2700.3%
GPI341.0581.2775%
ABG201.380-0.63%
SAH71.5700.35%
TSLA373.380-0.34%
GM77.830-0.69%
F12.345-0.135%
RIVN16.424-0.5265%
CYD41.080-0.79%
HMC24.305-0.175%
TM192.770-3.31%
CVNA405.1202.1%
PAG160.7000.7%
LAD274.910-1.48%
AN203.2700.3%
GPI341.0581.2775%
ABG201.380-0.63%
SAH71.5700.35%
TSLA373.380-0.34%
GM77.830-0.69%
F12.345-0.135%
RIVN16.424-0.5265%
CYD41.080-0.79%
HMC24.305-0.175%
TM192.770-3.31%
CVNA405.1202.1%
PAG160.7000.7%
LAD274.910-1.48%
AN203.2700.3%
GPI341.0581.2775%
ABG201.380-0.63%
SAH71.5700.35%


pay

Roger Love

Are you earning the sale or just benefiting from the law of supply?

- November 30, 2021
On the latest edition of Straight to the Point, host Frank J. Lopes asks the question, are automotive professionals really earning the higher salaries they have?   Many auto professionals are getting paid more...
Management & Leadership Headlines
remote

How remote work is affecting pay structures and staffing nationwide

- April 12, 2021
Prior to the pandemic economy shutdowns, less than 10% of Americans in the workforce were full-time remote workers. Virtually none of the auto retail positions were performed from home. But...
Management & Leadership Articles
equity

Gender equity still a concern in auto industry

- March 24, 2021
March 24, 2021 is the National Equal Pay Day in the US, highlighting the discrepancies in earnings between men and women who perform the same roles. In the automotive industry,...
Management & Leadership Articles
technicians

The Best Way to Pay Technicians

- March 2, 2020
On this week's episode of the Weekly Tune-Up, CBT's Jim Fitzpatrick talks to fixed-ops expert, and regular CBT contributor, John Fairchild of Fairchild Automotive Solutions. Jim talks to John about what...
Daily Newscast
buy here

Buy Here, Pay Here is the Investment Opportunity You’ve Been Waiting For

- January 31, 2020
We’ve been enjoying the strongest economy we’ve seen in a long, long time. Things are good across a great many industries, the auto sales industry being no exception. While I’m...
Management & Leadership Auto News
mechanics

Becky Nixon: Creating successful pay structures for technicians

- September 29, 2017
For almost seven weeks, Chicago area dealership mechanics were on strike. Almost 2,000 mechanics at close to 140 new car dealerships throughout the Chicago area were involved in the strike....
Daily Automotive News Auto News

Why an hourly rate is more important to your dealership’s BDC

- December 8, 2015
When it comes to running a BDC as a manager or working as a phone agent, some might say it's pretty difficult. In fact, some would say not a lot...
Daily Automotive News Sales & Marketing


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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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