TSLA376.2922.5715%
GM77.760-0.76%
F12.350-0.13%
RIVN16.464-0.4856%
CYD41.795-0.075%
HMC24.295-0.185%
TM192.540-3.54%
CVNA406.3553.335%
PAG160.9900.99%
LAD274.790-1.6%
AN202.690-0.28%
GPI340.5800.8%
ABG203.1901.18%
SAH71.8100.59%
TSLA376.2922.5715%
GM77.760-0.76%
F12.350-0.13%
RIVN16.464-0.4856%
CYD41.795-0.075%
HMC24.295-0.185%
TM192.540-3.54%
CVNA406.3553.335%
PAG160.9900.99%
LAD274.790-1.6%
AN202.690-0.28%
GPI340.5800.8%
ABG203.1901.18%
SAH71.8100.59%
TSLA376.2922.5715%
GM77.760-0.76%
F12.350-0.13%
RIVN16.464-0.4856%
CYD41.795-0.075%
HMC24.295-0.185%
TM192.540-3.54%
CVNA406.3553.335%
PAG160.9900.99%
LAD274.790-1.6%
AN202.690-0.28%
GPI340.5800.8%
ABG203.1901.18%
SAH71.8100.59%


reports

transaction prices

KBB reports new vehicle ATP trends decline as incentives rise

- March 9, 2023
A new report from Kelly Blue Book reveals that new vehicle transaction prices decreased by 1.4% in February, while incentives rose 3% month-over-month.  The average car transaction now costs $48,763, which...
Articles Headlines
net-profit

Stellantis posts $17.9 billion net profit, promises $14,760 employee payout

- February 23, 2023
Global automaker Stellantis revealed a record-breaking year for net profit, and nearly $15,000 per qualifying employee in profit-shares. The brand, a result of a 2021 merger between Fiat Chrysler and the...
Articles Headlines
nonfarm unemployment

U.S. added 517,000 jobs in January, unemployment reaches 53-year low

- February 6, 2023
With nonfarm payrolls reporting their largest growth since July 2022, the employment picture got off to a robust start in 2023. In January, nonfarm payrolls climbed by 517,000, exceeding both the...
Articles Headlines

Ford disappointed by Q4 performance, but hopeful for the 2023 market

- February 6, 2023
Ford has published its fourth quarter performance numbers, and, although the results are disappointing, the company's leadership remains positive over the 2023 market. The brand's Q4 revenue hit $44 billion, wrapping...
Articles Headlines
new car sales Cox Automotive, 2023, interest rates

November’s average new car prices reach a record high

- December 15, 2022
When COVID struck, it disrupted the world's supply chain, resulting in a chip shortage and an all-time high in car prices. People started paying more for used cars as there...
Articles Headlines
reports

Three Reports Car Dealers Should Pay Attention To In 2018

- January 22, 2018
Throughout the year, dealers are likely capturing and analyzing data for their dealerships. Customer satisfaction surveys, units sold, service repair information, and a variety of many other metrics are typically...
Daily Automotive News Auto News

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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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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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2026 Subaru Outback: Rugged evolution meets everyday practicality
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Autonomous
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CBT News
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