TSLA390.420-4.04%
GM77.440-0.2%
F14.125-0.055%
RIVN16.770-1.03%
CYD44.950-0.92%
HMC28.7150.825%
TM179.6302.71%
CVNA70.475-0.115%
PAG203.7403.34%
LAD336.5655.195%
AN207.5804.04%
GPI326.5607.16%
ABG225.9457.515%
SAH102.1202.39%
TSLA390.420-4.04%
GM77.440-0.2%
F14.125-0.055%
RIVN16.770-1.03%
CYD44.950-0.92%
HMC28.7150.825%
TM179.6302.71%
CVNA70.475-0.115%
PAG203.7403.34%
LAD336.5655.195%
AN207.5804.04%
GPI326.5607.16%
ABG225.9457.515%
SAH102.1202.39%
TSLA390.420-4.04%
GM77.440-0.2%
F14.125-0.055%
RIVN16.770-1.03%
CYD44.950-0.92%
HMC28.7150.825%
TM179.6302.71%
CVNA70.475-0.115%
PAG203.7403.34%
LAD336.5655.195%
AN207.5804.04%
GPI326.5607.16%
ABG225.9457.515%
SAH102.1202.39%


SAAR

The Weekly Automotive Market Minute for December 23, 2020

- December 23, 2020
Welcome to the Weekly Automotive Market Minute with Bridget Fitzpatrick: This week’s retail SAAR of new car sales came out to 13.06, a 0.8% dip from last year's 13.17. New-vehicle sales hit...
Headlines

The Weekly Automotive Market Minute for December 16, 2020

- December 16, 2020
Welcome to the Weekly Automotive Market Minute with Bridget Fitzpatrick: This week’s retail SAAR of new car sales came out to 12.38, up 1.7% dip from 12.17 in 2019. New-vehicle sales hit...
Headlines

CBT News Market Update: Brian Benstock, Paragon Honda & Mark Conner, LotLinx

- December 14, 2020
Welcome to another edition of the CBT News Market Update. To quickly recap this week’s numbers, the retail SAAR of new car sales came out to 12.31, a 2.9% dip...
Headlines

The Weekly Automotive Market Minute for December 9, 2020

- December 9, 2020
Welcome to the Weekly Automotive Market Minute with Bridget Fitzpatrick: This week’s retail SAAR of new car sales came out to 12.31, a 2.9% dip from 12.69 in 2019. New-vehicle sales hit...
Headlines

The Weekly Automotive Market Minute for December 2, 2020

- December 2, 2020
Welcome to the Weekly Automotive Market Minute with Bridget Fitzpatrick: This week’s retail SAAR of new car sales came out to 12.53, a 5.1% dip from last year’s 13.31. New-vehicle sales sat...
Headlines
Laurie Foster

3 areas car dealers need to focus on for a robust start to 2021 – Laurie Foster

- November 27, 2020
Today on CBT News, anchor Jim Fitzpatrick is joined by Laurie Foster, Founder and CEO of Foster Strategies Group. With more than 22 years of experience in the automotive industry,...
Management & Leadership Featured
Market Minute

The Weekly Automotive Market Minute for November 25, 2020

- November 25, 2020
Welcome to the Weekly Automotive Market Minute with Bridget Fitzpatrick: This week’s retail SAAR of new car sales came out to 11.95, a slight 1.5% dip from last year’s 12.14. New-vehicle sales...
Headlines

The Weekly Automotive Market Minute for November 18, 2020

- November 18, 2020
Welcome to the Weekly Automotive Market Minute with Jim Fitzpatrick: This week’s retail SAAR of new car sales came out to 12.64, a slight 1% decrease from last year’s 12.77. New-vehicle sales...
Headlines
automotive

The Weekly Automotive Market Minute for November 11, 2020

- November 11, 2020
Welcome to the Weekly Automotive Market Minute with Bridget Fitzpatrick: This week’s retail SAAR of new car sales came out to 12.50, a slight 0.7% drop from last year’s 12.59. New-vehicle sales...
Headlines
car sales

CBT News Market Update: Phil Sura, Mudd Advertising & Mark Conner, LotLinx

- November 9, 2020
Welcome to another edition of the CBT News Market Update. To quickly recap this week’s numbers, the retail SAAR of new car sales came out to 12.65, a 3% drop...
Featured Headlines

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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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