TSLA376.1722.4515%
GM77.950-0.57%
F12.370-0.11%
RIVN16.575-0.375%
CYD41.200-0.67%
HMC24.295-0.185%
TM192.895-3.185%
CVNA401.275-1.74501%
PAG160.6000.6%
LAD275.385-1.005%
AN203.2900.32%
GPI339.030-0.75%
ABG201.660-0.35%
SAH71.3050.085%
TSLA376.1722.4515%
GM77.950-0.57%
F12.370-0.11%
RIVN16.575-0.375%
CYD41.200-0.67%
HMC24.295-0.185%
TM192.895-3.185%
CVNA401.275-1.74501%
PAG160.6000.6%
LAD275.385-1.005%
AN203.2900.32%
GPI339.030-0.75%
ABG201.660-0.35%
SAH71.3050.085%
TSLA376.1722.4515%
GM77.950-0.57%
F12.370-0.11%
RIVN16.575-0.375%
CYD41.200-0.67%
HMC24.295-0.185%
TM192.895-3.185%
CVNA401.275-1.74501%
PAG160.6000.6%
LAD275.385-1.005%
AN203.2900.32%
GPI339.030-0.75%
ABG201.660-0.35%
SAH71.3050.085%


price

market

Can you keep customers from feeling ‘ripped off’ in the hot seller’s market?

- May 25, 2021
Post-pandemic car buying is on fire right now. Cox Automotive estimated that April 2021’s used car SAAR was 41.0 million, climbing by a half-million units over March’s figures, indicating that...
Articles Headlines
prices

Average new car prices remain steady above $40,000

- April 16, 2021
American consumers can expect to shell out more than $40,000 for a new vehicle, on average. Kelley Blue Book research estimates that the average transaction price per new vehicle in...
Sales & Marketing Articles

Experian report highlights intriguing Q4 2020 automotive financing data

- March 12, 2021
2020 shook up many expectations regarding automotive sales and affordability. With consumers facing job losses due to the pandemic, much felt up in the air. Nevertheless, new findings by Experian...
Daily Automotive News Articles
transactions

Average new vehicle transaction price continues to hold above $40k

- February 16, 2021
The average transaction price for new vehicles in the United States continues to hold the line well above $40,000. Late in 2020, the transaction price pushed through the barrier for...
Sales & Marketing Articles
dealer

Most are ready to buy within three weeks of first dealer contact if trust is established

- February 5, 2021
A study released Thursday shows that the majority of car shoppers are deeper into the sales funnel than dealers often think. The Automotive Buyer Study 2021 by Marchex titled “Trust, Transparency & the Transaction” discovered that 75%...
Sales & Marketing Articles
F&I

All-time high new vehicle prices a reason to emphasize F&I products

- January 27, 2021
As CBT News has reported previously, the average new vehicle listing price broke through the $40,000 ceiling in December 2020. Throughout the year, average term length increased by a month from...
F&I Articles
F&I

Is now the right time to try upfront F&I pricing?

- January 18, 2021
Many years ago, Carmax stormed into the automotive space with the ‘no haggle’ price. What you see on the window sticker is it...no negotiation, take it or leave it. That...
F&I Articles
price

An untold truth: are price reductions good for your dealership?

- October 1, 2020
Since the early days of the industry, price reductions (markdowns) have been “the” tool used to move inventory as it ages, but now post-pandemic, dealers should be more serious than...
Management & Leadership Auto News
price

Earn Car Buyer Trust: Brand Your Price

- December 25, 2019
Throughout the last few years, dealerships have been extremely proactive about improving the consumer experience. Because so many consumers now do the majority of their car shopping online, dealerships understand...
Sales & Marketing Articles
price

Start Being Candid With Customers Who Ask About Price First

- November 25, 2019
If there’s one thing dealers could do to improve customer satisfaction in the coming year, it might well be this: Change your answer to the “What’s the price of the...
Sales & Marketing Articles

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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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Hyundai's profit drops 24% as tariffs, weak global demand persist 
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2026 Subaru Outback: Rugged evolution meets everyday practicality
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Autonomous
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CBT News
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