TSLA376.3002.58%
GM78.050-0.47%
F12.385-0.095%
RIVN16.520-0.43%
CYD42.2200.35%
HMC24.330-0.15%
TM192.300-3.78%
CVNA409.1706.15%
PAG160.5000.5%
LAD274.870-1.52%
AN203.2000.23%
GPI340.9501.17%
ABG203.0901.08%
SAH71.8400.62%
TSLA376.3002.58%
GM78.050-0.47%
F12.385-0.095%
RIVN16.520-0.43%
CYD42.2200.35%
HMC24.330-0.15%
TM192.300-3.78%
CVNA409.1706.15%
PAG160.5000.5%
LAD274.870-1.52%
AN203.2000.23%
GPI340.9501.17%
ABG203.0901.08%
SAH71.8400.62%
TSLA376.3002.58%
GM78.050-0.47%
F12.385-0.095%
RIVN16.520-0.43%
CYD42.2200.35%
HMC24.330-0.15%
TM192.300-3.78%
CVNA409.1706.15%
PAG160.5000.5%
LAD274.870-1.52%
AN203.2000.23%
GPI340.9501.17%
ABG203.0901.08%
SAH71.8400.62%


Podcast.Podcasts

Ford’s Andrew Ashman discusses the value of revamping the CPO buying journey

- June 2, 2021
Today on CBT News, Andrew Ashman joins the show to discuss the importance of the used-vehicle market. Ashman serves as the U.S. Used Vehicle Manager of Ford Motor Company. During his interview...
Daily Newscast

How automotive dealers can have a flourishing business model – Gay Hendricks, best-selling author of ‘The Big Leap’

- March 11, 2021
Everyone is seeking to live life to its fullest potential. However, not everyone has a clear path on how to accomplish this daunting task. Today on CBT News, Gay Hendricks...
Daily Newscast
Allyson Witherspoon

Allyson Witherspoon, CMO of Nissan USA, on launching 10 new models and marketing in 2021

- March 11, 2021
Today on CBT News, host Jim Fitzpatrick is joined by Allyson Witherspoon. Vice President and Chief Marketing Officer of Nissan USA. Witherspoon joins the show to discuss the latest automotive marketing...
Daily Newscast
How Texas dealers

How automobile dealers in Texas are pressing on after the winter storm – April Ancira, TADA

- March 9, 2021
Last week, Texas was hit by one of the worst winter storms in recent memory. Today on CBT News, April Ancira, Chairman of the Texas Automobile Dealers Association (TADA) joins the show to discuss...
Daily Newscast

3 strategies dealers can use to improve customer service in the fixed-ops department

- February 19, 2021
On this episode of Service Drive, celebrated trainer, speaker, and CEO of DealerPRO Training, Don Reed dives into three different strategies for dealers to consider developing a higher level of service for...
Daily Newscast
Automotive News

Olympic Gold Medalist Nikki Stone Shares Her Tips for Building Confidence and Taking Risks

- June 16, 2020
[powerpress] On today’s show, we’re pleased to welcome Olympic gold medalist Nikki Stone. Nikki was America’s first-ever Olympic Champion in inverted aerial skiing at the 1998 Winter Olympics in Japan. She...
Daily Newscast
Automotive News

How this BMW-Chevy Store is Giving Back to Their Community – Grant Gernhardt, DeFouw Auto Group

- June 8, 2020
[powerpress] On today’s show, we welcome Grant Gernhardt, General Manager of DeFouw Auto Group in Lafayette, Indiana. In this segment, Grant and Jim discuss how DeFouw has been supporting their community...
Daily Newscast
Automotive News

Weekly Marketing Update with John Fitzpatrick – [5.18.20]

- May 19, 2020
[powerpress] In today’s segment, we’re pleased to welcome back John Fitzpatrick, President and CEO of Force Marketing, who provides CBT with a weekly marketing update. To find out more, visit Force...
Daily Newscast
Automotive News

NJ Dealer Tom Maoli Discusses New Car Sales, Used-Car Values, PPP Money and Trump’s Efforts

- May 18, 2020
[powerpress] On today’s show, we welcome backTom Maoli, President and CEO of Celebrity Motor Cars, real estate mogul, and host of the Go Big or Go Home radio show. Tom and...
Daily Newscast
Automotive News

Providing WiFi to Underprivileged Kids During COVID-19 – Art Schaller, Schaller Auto World

- May 14, 2020
[powerpress] On today’s show, we welcome Art Schaller, President at Schaller Auto World in New Britain, Connecticut. Art and Jim talk about how Schaller Auto World is helping their local community...
Daily Newscast

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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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