TSLA376.0702.35%
GM77.880-0.64%
F12.345-0.135%
RIVN16.330-0.62%
CYD41.680-0.19%
HMC24.295-0.185%
TM192.680-3.4%
CVNA402.900-0.12%
PAG160.2950.295%
LAD274.790-1.6%
AN203.1600.19%
GPI339.9700.19%
ABG201.740-0.27%
SAH71.6500.43%
TSLA376.0702.35%
GM77.880-0.64%
F12.345-0.135%
RIVN16.330-0.62%
CYD41.680-0.19%
HMC24.295-0.185%
TM192.680-3.4%
CVNA402.900-0.12%
PAG160.2950.295%
LAD274.790-1.6%
AN203.1600.19%
GPI339.9700.19%
ABG201.740-0.27%
SAH71.6500.43%
TSLA376.0702.35%
GM77.880-0.64%
F12.345-0.135%
RIVN16.330-0.62%
CYD41.680-0.19%
HMC24.295-0.185%
TM192.680-3.4%
CVNA402.900-0.12%
PAG160.2950.295%
LAD274.790-1.6%
AN203.1600.19%
GPI339.9700.19%
ABG201.740-0.27%
SAH71.6500.43%


Porsche

Sale of stakes in Bugatti Rimac and Rimac Group marks latest move in Porsche CEO Michael Leiters' sweeping turnaround effort.

Porsche sells Bugatti Rimac stakes as it shifts focus to gas, hybrid models

- April 24, 2026
On the Dash: Porsche sells minority stakes of joint venture Bugatti Rimac, refocusing on its core business under new CEO Michael Leiters. Consortium led by NY investment firm HOF Capital...
Industry News Articles
Middle East instability puts pressure on premium auto demand

Middle East instability puts pressure on premium auto demand

- March 18, 2026
On the Dash: Middle East instability may affect global inventory allocation, signaling dealers should monitor supply chain risks for high-end and imported models. Luxury segment demand is sensitive to geopolitical...
Global Industry News Articles
Porsche warns strategy reset will weigh on 2026 earnings

Porsche warns strategy reset will weigh on 2026 earnings

- March 11, 2026
On the Dash: Porsche’s strategic pivot toward gas-powered and hybrid models signals a slower EV rollout amid weak demand and pricing pressure in key markets. China’s luxury vehicle slowdown and...
Global Industry News Articles
Porsche

Porsche recalls over 173,000 US. vehicles over rearview camera issue

- January 1, 2026
On the Dash: Porsche recalls 173,538 U.S. vehicles due to rearview cameras that may not display in reverse. Affected models include Cayenne, 911, Taycan, and Panamera from 2019-2025. Dealers will...
Recalls & Safety Updates Articles
Porsche opens new state-of-the-art parts and technical training center in Fort Worth, Texas

Porsche opens new state-of-the-art parts and technical training center in Fort Worth, Texas

- December 11, 2025
Atlanta, Georgia. Porsche Cars North America, Inc. (PCNA) announced today the opening of its new Parts Distribution Center and Technical Training Facility in Fort Worth, Texas. Strategically located in the heart...
Publishing Partners Articles
Porsche

Porsche plunges to $1.1 billion quarterly loss as tariffs, EV setbacks weigh on outlook

- October 27, 2025
On the Dash: Porsche posted a 966 million euros ($1.1 billion) operating loss in Q3, reversing last year’s profit. The automaker plans further cost cuts, higher U.S. prices, and a...
Headlines Articles
Porsche considers Michael Leiters, former McLaren CEO, to succeed Oliver Blume as it tackles sales, China market, and EV challenges.

Porsche eyes Michael Leiters to succeed CEO Oliver Blume

- October 17, 2025
On the Dash: Porsche may appoint Michael Leiters as CEO to address slumping sales, China market losses, and the costly EV-to-combustion shift. Blume’s dual roles at Porsche and Volkswagen raised...
Articles Headlines
ECD Automotive Design

ECD Automotive Design unveils first custom Porsche build with spectacular new Project Gravette

- October 9, 2025
KISSIMMEE, Fla., Oct. 09, 2025 (GLOBE NEWSWIRE) -- ECD Automotive Design, the world’s largest Land Rover and Jaguar restoration company known for its custom luxury builds, including bespoke Defenders, Range...
Articles Publishing Partners
Porsche delays EV launches, expands hybrid and combustion lineup, cutting Volkswagen’s profit outlook amid weak demand and tariffs.

Porsche delays EV Rollout, cuts Volkswagen’s profit outlook by $6B

- September 22, 2025
On the Dash: Porsche is delaying its electric vehicle rollout and adding more hybrid and combustion models, cutting its 2025 profit margin outlook to just 2%. Parent company Volkswagen expects...
Articles Headlines
Volkswagen is in advanced talks with the U.S. government about making substantial investments to expand its American operations.

Volkswagen weighs major U.S. investment as tariffs bite into earnings

- September 8, 2025
On the Dash: Volkswagen is in advanced talks with the U.S. government about major investments, including a possible Audi plant, to expand its local presence and offset steep tariffs on...
Headlines Articles

Latest Articles

Sale of stakes in Bugatti Rimac and Rimac Group marks latest move in Porsche CEO Michael Leiters' sweeping turnaround effort.
Latest Articles 04/24/26

Porsche sells Bugatti Rimac stakes as it shifts focus to gas, hybrid models

Ford boosts U.S. assembly, Stellantis prioritizes turnaround strategy, Hyundai profit drops 24%
Latest Articles 04/24/26

Ford boosts U.S. assembly, Stellantis prioritizes turnaround strategy, Hyundai profit drops 24%

Toyota Mobility Foundation Names Innovators in Clean Freight as Detroit Winners of Global Sustainable Cities Challenge
Latest Articles 04/24/26

Toyota Mobility Foundation names innovators in clean freight as Detroit winners of Global Sustainable Cities Challenge

Baumann Auto Group
Latest Articles 04/24/26

Baumann Auto Group acquires Firelands Chevrolet of Norwalk in Ohio

Ford doubles down on U.S. assembly as trade policies shift industry strategy
Latest Articles 04/24/26

Ford doubles down on U.S. assembly as trade policies shift industry strategy

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 04/24/26

Stellantis to prioritize four core brands in turnaround strategy, sources say

Hyundai's profit drops 24% as tariffs, weak global demand persist 
Latest Articles 04/24/26

Hyundai’s profit drops 24% as tariffs, weak global demand persist 

The latest JD Power-GlobalData forecast shows a decline in new car sales in April, but you can blame last year's tariff panic, not today's buyers.
Latest Articles 04/24/26

New car sales drop 7.3% in April, but don’t blame buyers

2026 Subaru Outback: Rugged evolution meets everyday practicality
Latest Articles 04/24/26

2026 Subaru Outback: Rugged evolution meets everyday practicality

Autonomous
Latest Articles 04/24/26

Autonomous future back in focus as Waymo expands, Uber reinvests billions


CBT News
Powered by  GDPR Cookie Compliance
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.