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

VinFast unveiled two cars at the Consumer Electronics Show in Las Vegas this year, both having the potential to succeed in the U.S. market.

VinFast debuts midsize truck and electric utility vehicle at CES for the U.S. market

- January 11, 2024
Vietnamese automaker, VinFast, unveiled two cars at the Consumer Electronics Show (CES) in Las Vegas this year. A midsize pickup truck, similar to the Toyota Tacoma, and a small electric...
Articles Headlines
New car prices continued to fall in December as auto market conditions shift to favor buyers over sellers.

New car prices dip in December as buyer’s market returns

- January 11, 2024
New car prices continued to fall in December as the automotive market remains on track to hit pre-pandemic norms in the near future. According to Cox Automotive, new vehicle transaction prices...
Articles Sales & Marketing
To address the electricifcation problem, the White House is developing a new solution to support the electrification of transportation.

White House to add 7,500 EV charging ports across the U.S., with $623 million in grants

- January 11, 2024
Range anxiety is becoming more common as electric vehicles (EVs) become more prevalent on American roads. Unlike conventional vehicle owners who can easily find gas stations,  EV owners rely on...
Headlines Articles

Tesla launches new Model 3, EV sales break record, Honda unveils concept cars

- January 11, 2024
Inside Automotive What to expect from the 2024 dealership buy-sell market — Erin Kerrigan | Kerrigan Advisors As the retail automotive sector has adjusted to new technologies, government policies, and consumer preferences,...
Daily Newscast
Regarding volume and share, EV sales in the fourth quarter broke records, emerging at 317,168 units and 8.1%, respectively.

U.S. EV sales hit 1.2 million in 2023, Tesla remains market leader

- January 10, 2024
According to estimates from Kelley Blue Book, a subsidiary of Cox Automotive, a record high of 1.2 million American car buyers opted for electric vehicles last year. This marks a...
Headlines Articles
Tesla introduced an upgraded Model 3 sedan in North America, which was previously available only in China, Middle East, and European markets.

Tesla launches the upgraded Model 3 in U.S. markets

- January 10, 2024
Tesla has introduced an upgraded Model 3 sedan in North America, which was previously available only in China, the Middle East, and European markets. The Model 3, which was codenamed "Highland"...
Headlines Articles
Nick Varney, vice president and general manager of Varney Auto Group, joins CBT News to discuss his new 40 Under 40 award.

40 Under 40 Honoree: Nick Varney | Varney Auto Group

- January 10, 2024
Nick Varney is the vice president and general manager of Varney Auto Group located in Maine. He oversees many departments in his position, including digital marketing and social media, but is...
Event Coverage
Joining us on the latest episode of Inside Automotive is Jen Suzuki, sales trainer and the president of eDealer Solutions. 

Jen Suzuki’s expert tips on maximizing opportunities in auto sales

- January 10, 2024
A new year is filled with new opportunities. For sales teams asking how to crush it, this Inside Automotive episode may be the one for you. Jen Suzuki, Sales Trainer,...
Inside Automotive Management & Leadership

Used car forecast, brand loyalty improves, Kia launches new EV platform

- January 10, 2024
Inside Automotive Jen Suzuki's expert tips on maximizing opportunities in auto sales A new year is filled with new opportunities. For sales teams asking how to crush it, this Inside Automotive episode...
Daily Newscast
At the 2024 CES in Las Vegas, Kia unveiled its PBV business that will revolve around introducing an all-new, modular car, the Kia Concept PV5.

Kia enters new era of mobility with the rollout of its PBV strategy

- January 9, 2024
At the 2024 Consumer Electronics Show (CES) in Las Vegas, Kia unveiled its Platform Beyond Vehicle (PBV) future strategy. Kia's PBV business will first revolve around introducing an all-new, modular...
Headlines Articles

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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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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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