TSLA373.069-0.6513%
GM77.410-1.11%
F12.375-0.105%
RIVN16.525-0.425%
CYD40.820-1.05%
HMC24.300-0.18%
TM192.800-3.28%
CVNA396.870-6.15%
PAG160.5300.53%
LAD275.640-0.75%
AN203.1400.17%
GPI337.530-2.25%
ABG201.830-0.18%
SAH71.5000.28%
TSLA373.069-0.6513%
GM77.410-1.11%
F12.375-0.105%
RIVN16.525-0.425%
CYD40.820-1.05%
HMC24.300-0.18%
TM192.800-3.28%
CVNA396.870-6.15%
PAG160.5300.53%
LAD275.640-0.75%
AN203.1400.17%
GPI337.530-2.25%
ABG201.830-0.18%
SAH71.5000.28%
TSLA373.069-0.6513%
GM77.410-1.11%
F12.375-0.105%
RIVN16.525-0.425%
CYD40.820-1.05%
HMC24.300-0.18%
TM192.800-3.28%
CVNA396.870-6.15%
PAG160.5300.53%
LAD275.640-0.75%
AN203.1400.17%
GPI337.530-2.25%
ABG201.830-0.18%
SAH71.5000.28%


subscription services

One thing’s for sure: open lines of communication are key. Dealerships and OEMs must work together to maximize the benefits of subscription services.

The changing tide: auto subscription services and the impact on dealerships

- July 17, 2023
Picture this: you’ve just moved into your dream home, complete with a state-of-the-art kitchen. But you’re stunned to learn there’s an extra monthly fee to use the stove. It’s installed...
Daily Automotive News Articles
auto

Automotive industry trends and headlines from the past year

- December 20, 2021
We thought 2021 would slow down, but the more things changed, the more they stayed the same in the auto industry. And there were even more surprises around each corner....
Daily Automotive News Articles
Wes Lutz

2018 NADA Chairman Wes Lutz Reflects on a Successful Year

- February 4, 2019
The 2019 NADA Convention is officially in the history books, but before it ended we had a chance to catch up with Wes Lutz, the 2018 NADA chairman just before...
Daily Automotive News Featured
subscription services

Car Subscription Services: What Have We Learned So Far?

- November 21, 2018
There has been a lot of buzz surrounding car subscription services lately, with experts predicting that subscription services will change the face of automotive retailing. With the rise to maturity...
Daily Automotive News Auto News
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
subscription sales

Subscription Sales

- August 24, 2018
  On this week's episode of F&I Today, Becky Chernek goes over the number of benefits that help you build a better relationship with a customer that come with subscription sales. Video...
Shows
Subscription Service

Looking to Start a Subscription Service at Your Dealership? Here’s One Solution.

- June 29, 2018
There is a lot of talk about subscription services in the auto industry these days. Dealers and consumers are finding themselves asking how the vehicle subscription process works and what...
Sales & Marketing Daily Automotive News
newscast

Where Subscription Services Are Heading – Dale Pollak | Ford’s Co-Op Program Set to Launch Next Month | Gender Wage Gap Will Take 217 Years to Close

- June 11, 2018
Today on CBTNews.com - Monday, June 11th, 2018: Where Subscription Services Are Heading - Dale Pollak CBT Automotive is joined again by industry leader Dale Pollak to talk about the highly anticipated...
Daily Newscast
Zack Klempf

How can subscription services work for your dealership?

- January 30, 2018
  CaaS: Cars as a Service. It's a model that's becoming very popular, very fast. But how does it help dealers? Zack Klempf, CEO and Founder of Selly Automotive, says customers...
Daily Automotive News Auto News
newscast

The profit you’re missing if you overlook Winter maintenance | Why more automakers are turning to this type of service | What consumers really think of autonomous vehicles

- January 29, 2018
  On today's CBT Newscast for Monday, January 29th, 2018: Becky Nixon: The profit you’re missing if you overlook Winter maintenance Say the low today in Atlanta is 26 degrees and the high...
Daily Newscast

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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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