TSLA376.1602.44%
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%
TSLA376.1602.44%
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%
TSLA376.1602.44%
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%


Porsche

Audi and Porsche are recalling more than 62,000 vehicles in the U.S. due to separate software-related issues that pose safety risks.

Volkswagen recalls over 62,000 vehicles due to software issues

- April 14, 2025
Volkswagen Group’s Audi and Porsche brands are recalling more than 62,000 vehicles in the U.S. due to separate software-related issues that pose safety risks, according to the National Highway Traffic...
Headlines Articles
Volkswagen is considering relocating the production of its Porsche and Audi EVs to the United States in response to potential new tariffs.

VW considers U.S. production for Porsche, Audi EVs amid tariff threats

- January 30, 2025
Volkswagen is considering relocating the production of its Porsche and Audi electric vehicles (EVs) to the United States in response to potential new tariffs on European imports, as proposed by...
Headlines Comparisons
Exploring the most innovative and exciting concept cars of 2023: BMW, Mercedes, Nissan, Lamborghini, and more lead the electric shift.

Diving into the best concept cars of 2023

- December 22, 2023
The new year is the ideal time to reflect on the concept cars that automakers teased in 2023. Not only do these show cars offer inspiration for what’s ahead, but...
Daily Automotive News Articles

Porsche and Audi recall nearly 7,000 EVs due to safety concerns

- September 12, 2023
Two of Volkswagen's premium brands, Porsche and Audi, are issuing recalls for versions of their 2023 EVs, including the Taycan and e-tron GT. Due to a lack of battery sealant,...
Headlines Articles
There’s more to future modern vehicle interiors than new displays. Let’s explore some projects that might reshape the future of your showroom floor.

Next-gen vehicle interiors: Innovations in cabin design, connectivity, and UX

- August 10, 2023
Automakers are in a race to reinvent vehicle interiors for today’s high-tech, connected customers. While performance, safety, and efficiency are still important factors, more and more car buyers are searching...
Daily Automotive News Articles
For dealerships specializing in brands known for driver engagement, the transition to EV performance cars brings challenges and opportunities.

Closer look: the impact of electrification on performance cars

- July 26, 2023
Like it or not, the car business is advancing toward an electric future. Government mandates are pushing automakers to electrify their lineups. This tremendous shift is already impacting the performance...
Daily Automotive News Articles
Kjell Gruner

Former Porsche top executive reported to join EV startup, Rivian

- July 14, 2023
Kjell Gruner, the former CEO of Porsche North America, is reportedly joining electric vehicle startup Rivian.  On July 5, Porsche announced that Gruner was departing from the sports carmaker at his...
Articles Headlines
2023 outlook

Porsche optimistic on 2023 outlook, expects near 20% return on sales

- March 14, 2023
Luxury German automaker Porsche has published its 2023 outlook, predicting it will earn nearly 20% back on sales. The optimistic forecast arrives just after Porsche revealed record-breaking earnings for 2022. Last...
Articles Headlines
EV price war

Volkswagen Group has no plans to slash EV prices anytime soon

- February 1, 2023
In response to any potential EV price war that may have been ignited this month by Tesla and now Ford, the CEO of the Volkswagen Group noted, that the corporation...
Articles Headlines
metaverse

What do car sales look like in the metaverse?

- December 26, 2022
While the metaverse is intriguing and brands will likely start testing out new virtual spaces, what the technology will look like in just a few years is largely unknown. Similar...
Daily Automotive News 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.