TSLA376.3002.58%
GM78.050-0.47%
F12.385-0.095%
RIVN16.520-0.43%
CYD42.2400.37%
HMC24.340-0.14%
TM192.320-3.76%
CVNA409.0506.03%
PAG160.4200.42%
LAD274.920-1.47%
AN203.0700.1%
GPI341.3901.61%
ABG203.0601.05%
SAH71.8400.62%
TSLA376.3002.58%
GM78.050-0.47%
F12.385-0.095%
RIVN16.520-0.43%
CYD42.2400.37%
HMC24.340-0.14%
TM192.320-3.76%
CVNA409.0506.03%
PAG160.4200.42%
LAD274.920-1.47%
AN203.0700.1%
GPI341.3901.61%
ABG203.0601.05%
SAH71.8400.62%
TSLA376.3002.58%
GM78.050-0.47%
F12.385-0.095%
RIVN16.520-0.43%
CYD42.2400.37%
HMC24.340-0.14%
TM192.320-3.76%
CVNA409.0506.03%
PAG160.4200.42%
LAD274.920-1.47%
AN203.0700.1%
GPI341.3901.61%
ABG203.0601.05%
SAH71.8400.62%


Porsche

VW

VW is well-positioned to fund EV transition after Porsche IPO, CFO says

- September 30, 2022
The initial public offering of Porsche, and the future possibility of listing its battery unit, have put Volkswagen in a great position to fund its future electrification strategy, according to...
Headlines Articles
electric vehicles

The top 10 most influential electric vehicles of the last decade

- September 12, 2022
With dozens of new electric vehicles (EVs) on the horizon, the next ten years are expected to make up one of the most revolutionary decades in the history of the...
Daily Automotive News Articles
Porsche

Porsche gears up for stock market debut

- August 29, 2022
Amid an ongoing war in Ukraine and an escalating energy crisis in Europe, Porsche may be gearing up to take the first steps toward listing its company on the stock...
Headlines Articles
Porsche

Porsche to start production on all-electric Macan by the end of 2023

- August 23, 2022
Porsche has high hopes for its full-electric Macan model, which is set to enter into production starting by the end of next year. The company has stated they expect to...
Headlines Articles
tax credits

Audi, Kia, Porsche EVs will lose US tax credit eligibility under new law

- August 16, 2022
Automakers including Audi of America, Kia, and Porsche said that buyers of their electric vehicles would lose access to federal tax credits worth up to $7,500 once President Joe Biden signs the Inflation Reduction Act into...
Articles Headlines
Porsche

Porsche to follow Apple’s example, set to open “Studio” in US in 2022

- December 2, 2021
Sports car brand Porsche is taking a page out of the Apple playbook with a new design concept. This concept isn’t a unique vehicle design this time, but rather an...
Daily Automotive News Auto News
neutral

Major auto industry players aim to be carbon neutral

- September 16, 2020
Emphasizing the commitment to developing green transportation and processes, several carmakers are announcing plans to move toward a carbon neutral position in manufacturing. While it isn’t a new strategy to...
Daily Automotive News Auto News
Porsche

The Next Generation of Dealership Showrooms

- March 26, 2019
As we move into an era of self-driving cars and pervasive e-commerce, it seems that the current iteration of the automobile dealership is due for a makeover. With Tesla’s recent...
Daily Automotive News Auto News
car accessories

Some of the Coolest Car Accessories of 2018

- December 7, 2018
We all love a cool accessory for our car, right? This year, we saw some of the most sophisticated accessories yet. Here are a few of the ones that caught...
Daily Automotive News Auto News

Simple Changes That Increase Profits | Porsche Equips 189 Dealerships With Charging Stations | Are Consumers Upgrading Cars like They Would a Cell Phone?

- March 2, 2018
  On today's CBT Newscast for Friday, March 2nd, 2018: Simple Changes That Increase Profits Steve Stauning, Founder of SteveStauning.com and regular contributor at CBT News, sat down with CBT's Joe Gumm to discuss...
Daily Newscast

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Sale of stakes in Bugatti Rimac and Rimac Group marks latest move in Porsche CEO Michael Leiters' sweeping turnaround effort.
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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%
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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
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Baumann Auto Group
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Baumann Auto Group acquires Firelands Chevrolet of Norwalk in Ohio

Ford doubles down on U.S. assembly as trade policies shift industry strategy
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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.
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Stellantis to prioritize four core brands in turnaround strategy, sources say

Hyundai's profit drops 24% as tariffs, weak global demand persist 
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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.
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New car sales drop 7.3% in April, but don’t blame buyers

2026 Subaru Outback: Rugged evolution meets everyday practicality
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2026 Subaru Outback: Rugged evolution meets everyday practicality

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


CBT News
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