TSLA391.060-3.4%
GM77.7200.08%
F14.1800%
RIVN17.090-0.71%
CYD44.720-1.15%
HMC28.7700.88%
TM179.7602.84%
CVNA70.6400.05%
PAG204.7504.35%
LAD339.1607.79%
AN209.0005.46%
GPI331.65012.25%
ABG226.6608.23%
SAH102.8103.08%
TSLA391.060-3.4%
GM77.7200.08%
F14.1800%
RIVN17.090-0.71%
CYD44.720-1.15%
HMC28.7700.88%
TM179.7602.84%
CVNA70.6400.05%
PAG204.7504.35%
LAD339.1607.79%
AN209.0005.46%
GPI331.65012.25%
ABG226.6608.23%
SAH102.8103.08%
TSLA391.060-3.4%
GM77.7200.08%
F14.1800%
RIVN17.090-0.71%
CYD44.720-1.15%
HMC28.7700.88%
TM179.7602.84%
CVNA70.6400.05%
PAG204.7504.35%
LAD339.1607.79%
AN209.0005.46%
GPI331.65012.25%
ABG226.6608.23%
SAH102.8103.08%


Retail Automotive

BMW has reached a turning point in its transition from gas-powered to EVs with predictions that EVs will make up most of the company's growtt

BMW expects future sales growth to come primarily from EVs

- January 16, 2024
BMW has reached a turning point in its transition from gas-powered to electric vehicles, with its CFO, Walter Mertl, predicting that EVs will make up most of the company's growth...
Headlines Articles
Pete MacInnis discusses a recent study on Inside Automotive, revealing consumer demand for more quote information online.

Survey finds payment quotes often inaccurate, dealers struggle to meet consumer demands – Pete MacInnis

- January 16, 2024
In the latest episode of Inside Automotive, Pete MacInnis, CEO of eLEND Solutions, joins us to discuss the most recent study conducted by eLEND regarding consumers wanting more car loan...
Inside Automotive F&I

Stellantis invests in sodium-ion batteries, Tesla’s market valuation falls, Toyota prepares to boost its global production

- January 16, 2024
Inside Automotive  Survey finds payment quotes often inaccurate, dealers struggle to meet consumer demands – Pete MacInnis In the latest episode of Inside Automotive, Pete MacInnis, CEO of eLEND Solutions, joins us...
Daily Newscast
Stellantis Ventures invests in Tiamat Energy, a French firm says sodium-ion materials have a lower cost than lithium-ion batteries for EVs.

Stellantis ventures invest in affordable sodium-ion batteries

- January 15, 2024
Stellantis Ventures has invested in the France-based Tiamat Energy, a technology firm developing sodium-ion electric vehicle batteries. The carmaker claims sodium-ion materials are more abundantly available than lithium-ion batteries, which...
Headlines Articles
Toyota aims to produce over 10.3 million vehicles globally in 2024, marking the second year the company set a record annual production total

Toyota prepares to boost its global vehicle production to about 10.3 million vehicles

- January 15, 2024
According to a January 15 report from Nikkei Asia, the world's largest financial publication, the Japanese automaker Toyota intends to produce over 10.3 million vehicles globally in 2024. This would...
Headlines Articles
Check out these new marketing trends and tried and true methods that will help improve your dealership's presence on the internet and beyond.

5 marketing strategies to try at your car dealership this year

- January 15, 2024
Want to learn about some new marketing strategies for your car dealership for 2024? We would love to tell you about some new trends and tried and true methods that...
Articles Sales & Marketing

Tesla boosts pay, Hertz sells EVs, UAW hits new milestone

- January 15, 2024
Inside Automotive Why you should revisit your talent acquisition process in 2024 — Adam Robinson | Hireology Dealership methods of talent acquisition and retention have become increasingly outdated, not only in terms...
Daily Newscast
The Swedish electric car manufacturer Polestar Automotive has released its global delivery figures for the fourth quarter of 2023.

Polestar reports Q4 global deliveries, revealing a difficult end to 2023

- January 12, 2024
The Swedish electric car manufacturer Polestar Automotive has released its global delivery figures for the fourth quarter of 2023. The report revealed that the company delivered around 12,800 vehicles, of which 880 Polestar...
Headlines Articles

New car prices fall, OEM executives share perspectives, VinFast unveils 2 models

- January 12, 2024
Inside Automotive Strategies to prepare your dealership for 2024 — Adam Arens | Patriot Automotive Group Things have changed in the dealership over the last four years. Keeping up with these shifts...
Daily Newscast
Jessica Mungenast | Dave Mungenast Family Dealership

40 under 40 Honoree: Jessica Mungenast | Dave Mungenast Family of Dealerships

- January 11, 2024
As we continue to celebrate the inaugural CBT News 40 under 40 awards, we are honored to have Jessica Mungenast, one of the exceptional individuals, join us. Mungenast is the...
Event Coverage


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2026 Lincoln Navigator raises the luxury SUV bar with tech, power, and comfort
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Stellantis revives supplier program, JD Power sees transparency gains, Hyundai expands robotics strategy
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Bosch announces $225 million direct funding agreement with the U.S. Department of Commerce
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Bosch announces $225 million direct funding agreement with the U.S. Department of Commerce

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 revives supplier rewards program to drive cost savings

Pricing transparency raises OEM website satisfaction, JD Power finds
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Hyundai takes full control of Boston Dynamics as robotics strategy accelerates
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Mitsubishi expands Texas port operations to speed dealer deliveries
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The AI platform capturing $10,000 a month in after-hours dealer revenue
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CBT News
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