TSLA376.0502.33%
GM77.895-0.625%
F12.345-0.135%
RIVN16.335-0.615%
CYD41.680-0.19%
HMC24.300-0.18%
TM192.680-3.4%
CVNA402.980-0.04%
PAG160.2950.295%
LAD274.510-1.88%
AN203.1450.175%
GPI339.9700.19%
ABG201.889-0.1207%
SAH71.7200.5%
TSLA376.0502.33%
GM77.895-0.625%
F12.345-0.135%
RIVN16.335-0.615%
CYD41.680-0.19%
HMC24.300-0.18%
TM192.680-3.4%
CVNA402.980-0.04%
PAG160.2950.295%
LAD274.510-1.88%
AN203.1450.175%
GPI339.9700.19%
ABG201.889-0.1207%
SAH71.7200.5%
TSLA376.0502.33%
GM77.895-0.625%
F12.345-0.135%
RIVN16.335-0.615%
CYD41.680-0.19%
HMC24.300-0.18%
TM192.680-3.4%
CVNA402.980-0.04%
PAG160.2950.295%
LAD274.510-1.88%
AN203.1450.175%
GPI339.9700.19%
ABG201.889-0.1207%
SAH71.7200.5%


prediction

2023 dealerships

What must auto dealerships focus on this coming year? — Tyson Jominy, J.D. Power

- February 1, 2023
After a challenging and disappointing year, dealerships are anxious to know what's in store for retail auto in 2023. Consumer research firm J.D. Power is at the forefront of market...
Sales & Marketing Inside Automotive
Polestar

EV newcomer Polestar beat 2022 sales goal, hit 51,500 orders

- January 12, 2023
One of the newest electric vehicle brands, Polestar, had exciting news for the auto-world after it surpassed its 2022 sales goal. The Sweden-based EV manufacturer aimed to deliver 50,000 units by...
Articles Headlines

New car buyers face record-high monthly auto loan payments

- January 6, 2023
Monthly auto loan payments have hit an all time high, according to data published by Edmunds. The report sourced data from the last quarter of 2022, a year which saw record...
Articles Headlines
EV sales, chevy bolts

Auto leaders have lowered their EV sales outlook after slow growth

- December 21, 2022
In a new report, KPMG unveiled data showing how the auto-industry's EV sales outlook has soured over the course of 2022. Using survey responses from 900 auto executives, the accounting firm...
Articles Headlines
J.D. Power, tax incentive

J.D. Power believes the EV market will outperform 2023 predictions

- December 20, 2022
A new J.D. Power study has revealed that the EV market could be growing much faster than previously thought. Automakers are watching the EV market carefully for good news after pouring...
Articles Headlines
Cox, used-car

Dealers report worst attitudes on record, according to Cox Automotive

- December 12, 2022
Dealerships are less confident than ever about the car market, according to a new report released by Cox Automotive. The study, which obtains quarterly data on dealer sentiments, surveyed roughly 1,000...
Articles Headlines

September New-Vehicle Sales To Rise 1% According to KBB

- September 28, 2017
New-vehicle sales are expected to rise 1 percent year-over-year to a total of 1.44 million units in September 2017, resulting in an estimated 17.5 million seasonally adjusted annual rate (SAAR), according to Kelley...
Daily Automotive News Auto News

Latest Articles

Sale of stakes in Bugatti Rimac and Rimac Group marks latest move in Porsche CEO Michael Leiters' sweeping turnaround effort.
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Ford boosts U.S. assembly, Stellantis prioritizes turnaround strategy, Hyundai profit drops 24%
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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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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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