TSLA379.0685.3479%
GM77.390-1.13%
F12.380-0.1%
RIVN16.730-0.22%
CYD41.230-0.64%
HMC24.265-0.215%
TM192.910-3.17%
CVNA399.000-4.02%
PAG158.980-1.02%
LAD274.640-1.75%
AN202.390-0.58%
GPI336.020-3.76%
ABG201.065-1.005%
SAH70.480-0.74%
TSLA379.0685.3479%
GM77.390-1.13%
F12.380-0.1%
RIVN16.730-0.22%
CYD41.230-0.64%
HMC24.265-0.215%
TM192.910-3.17%
CVNA399.000-4.02%
PAG158.980-1.02%
LAD274.640-1.75%
AN202.390-0.58%
GPI336.020-3.76%
ABG201.065-1.005%
SAH70.480-0.74%
TSLA379.0685.3479%
GM77.390-1.13%
F12.380-0.1%
RIVN16.730-0.22%
CYD41.230-0.64%
HMC24.265-0.215%
TM192.910-3.17%
CVNA399.000-4.02%
PAG158.980-1.02%
LAD274.640-1.75%
AN202.390-0.58%
GPI336.020-3.76%
ABG201.065-1.005%
SAH70.480-0.74%


ridesharing

Lyft

Lyft shares drop due to driver incentives and Q2 projections

- May 5, 2022
Lyft shares dropped 25% this week after the rideshare service released its first-quarter results and announced it would likely not reach Wall Street's expectations for the second quarter. The company said it...
Articles
mobility

Report shows that conventional mobility has gained back ground due to COVID

- September 30, 2021
Consumers have been warming to non-traditional notions of mobility like ridesharing, car subscriptions, and alternative last-mile transportation options over the past decade. But when the pandemic arrived in full force,...
Daily Automotive News Articles
peter welch

Best of 2019: NADA President Peter Welch Discusses Autonomous Vehicles, Ride-Sharing, Tariffs & More

- December 25, 2019
On today's show, we're so pleased to welcome back Peter Welch, President and CEO of NADA, to the CBT Network. In this segment, Jim and Peter discuss his latest article...
Daily Automotive News Auto News
ridesharing

Ridesharing Services Increase Earning Potential for Automotive Service Centers

- April 2, 2019
The trend of using ridesharing services, like Uber and Lyft, gained popularity seemingly overnight. Within the last five years, ridesharing through these and other companies has expanded greatly, reaching nearly...
Daily Automotive News Auto News
change agents

How Many Change Agents Work at Your Dealership?

- November 9, 2018
Our industry faces not waves of occasional change -- but constant, everyday change that can help or hurt a dealership depending on how well you sense and respond to it....
Articles Headlines
cox automotive

Dealers Share Outlook on Car Ownership Trends in Cox Automotive Mobility Study: A Dealer’s Perspective

- November 8, 2018
Alternative vehicle ownership is becoming increasingly popular among consumers and here to help us navigate through this constantly evolving industry is Rachelle Petusky, research and market intelligence executive for Cox...
Daily Automotive News Auto News
easycare

EasyCare Launches New Suite of Rideshare F&I Benefits

- October 17, 2018
NORCROSS, October 11, 2018 — EasyCare announced the launch of a suite of Rideshare benefits that includes Rideshare VSC, Rideshare GAP and Rideshare Prepaid Maintenance. These new programs, which hit...
Auto News
ridesharing

How Ridesharing Impacts the Automotive Landscape

- June 13, 2018
In 2011, ridesharing appeared on the transportation radar. The service platform was quickly recognized as a disruptor, and it has experienced tremendous growth and popularity since its early stages, especially...
Daily Automotive News Auto News
ridesharing

Will Ridesharing Impact Auto Sales? Studies Reveal The Potential Impact

- September 29, 2017
An Era Of Disruption The auto industry has experienced a significant amount of disruption in the past decade. From self-driving cars to direct-to-consumer models, it sometimes feels as if the industry...
Daily Automotive News Auto News
newscast

Creating successful pay structures for technicians | Voice Search Engine Optimization | The Potential impact Ridesharing could have on auto sales

- September 29, 2017
On today's CBT Newscast for Friday, September 29th, 2017:   Becky Nixon: Creating successful pay structures for technicians For almost seven weeks, Chicago area dealership mechanics were on strike. Almost 2,000 mechanics at...
Daily Newscast

Latest Articles

Ford boosts U.S. assembly, Stellantis prioritizes turnaround strategy, Hyundai profit drops 24%
Latest Articles 04/24/26

Ford boosts U.S. assembly, Stellantis prioritizes turnaround strategy, Hyundai profit drops 24%

Toyota Mobility Foundation Names Innovators in Clean Freight as Detroit Winners of Global Sustainable Cities Challenge
Latest Articles 04/24/26

Toyota Mobility Foundation names innovators in clean freight as Detroit winners of Global Sustainable Cities Challenge

Baumann Auto Group
Latest Articles 04/24/26

Baumann Auto Group acquires Firelands Chevrolet of Norwalk in Ohio

Ford doubles down on U.S. assembly as trade policies shift industry strategy
Latest Articles 04/24/26

Ford doubles down on U.S. assembly as trade policies shift industry strategy

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.
Latest Articles 04/24/26

Stellantis to prioritize four core brands in turnaround strategy, sources say

Hyundai's profit drops 24% as tariffs, weak global demand persist 
Latest Articles 04/24/26

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.
Latest Articles 04/24/26

New car sales drop 7.3% in April, but don’t blame buyers

2026 Subaru Outback: Rugged evolution meets everyday practicality
Latest Articles 04/24/26

2026 Subaru Outback: Rugged evolution meets everyday practicality

Autonomous
Latest Articles 04/24/26

Autonomous future back in focus as Waymo expands, Uber reinvests billions

Tesla is winning the self-driving race – so why is Washington trying to slow it down?
Latest Articles 04/24/26

Tesla is winning the self-driving race – so why is Washington trying to slow it down?


CBT News
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