TSLA388.960-5.5%
GM76.810-0.83%
F14.115-0.065%
RIVN16.680-1.12%
CYD44.965-0.905%
HMC28.7450.855%
TM179.5002.58%
CVNA69.330-1.26%
PAG205.7705.37%
LAD339.7908.42%
AN208.9105.37%
GPI326.7207.32%
ABG226.6608.23%
SAH102.3802.65%
TSLA388.960-5.5%
GM76.810-0.83%
F14.115-0.065%
RIVN16.680-1.12%
CYD44.965-0.905%
HMC28.7450.855%
TM179.5002.58%
CVNA69.330-1.26%
PAG205.7705.37%
LAD339.7908.42%
AN208.9105.37%
GPI326.7207.32%
ABG226.6608.23%
SAH102.3802.65%
TSLA388.960-5.5%
GM76.810-0.83%
F14.115-0.065%
RIVN16.680-1.12%
CYD44.965-0.905%
HMC28.7450.855%
TM179.5002.58%
CVNA69.330-1.26%
PAG205.7705.37%
LAD339.7908.42%
AN208.9105.37%
GPI326.7207.32%
ABG226.6608.23%
SAH102.3802.65%


supply chain

BMW

BMW plans to test advanced EV battery in its iX electric SUV

- June 15, 2022
An advanced and highly sought-after long-term electric battery is being tested this Tuesday by BMW. The battery is one of many advances that will increase the time in hours and...
Headlines Articles
strike

South Korean trucker strike takes aim at semiconductors, clogs supply chain

- June 14, 2022
In protest of the ever-escalating fuel costs, truck drivers in South Korea have taken their foot off the gas. Government predictions suggest that at least 35% of the Cargo Truckers’...
Headlines Articles
EV

CEO Carlos Tavares foresees EV materials shortage in coming years, disrupting adoption

- May 26, 2022
Stellantis CEO Carlos Tavares is warning the auto industry and regulators of serious hurdles they could face in the coming years as they race to achieve widespread EV adoption milestones....
Daily Automotive News Articles
Toyota

Toyota trims June production by 100,000 units due to chip shortage

- May 25, 2022
On Tuesday, Toyota Motor Corporation announced that global production for June would experience further adjustments as the carmaker grapples with supply chain issues. Of a previously forecasted 950,000 units built for the...
Daily Automotive News Articles
electric car

Biden’s $3.1B electric car battery plan leaves mining concerns in limbo

- May 18, 2022
Welcome to another edition of Inside Automotive with anchor Jim Fitzpatrick. Early this month, the Biden administration announced a $3.1 billion dollar plan to boost domestic battery production for electric...
Daily Automotive News Featured

Volkswagen CEO Herbert Diess talks EVs and production disruptors in 60 Minutes interview

- April 18, 2022
Despite being one of the most profitable automakers last year, Volkswagen is now feeling immense pressure amidst the turmoil overseas. While high prices and environmental issues have been stressors for Volkswagen, the...
Daily Automotive News Articles

Toyota executive doesn’t see car prices dropping anytime soon

- April 15, 2022
At the New York Auto Show this week, Toyota North America's Executive Vice President Bob Carter said that the high and rising prices of vehicles are here to stay for at least...
Headlines Articles
blockade

As border blockade ends, carmakers have ground to make up

- February 16, 2022
The Ambassador Bridge is once again flowing between the United States and Canada after a week-long blockade was removed by Windsor Police. However, the days that the corridor was impeded...
Daily Automotive News Articles
Dale Pollak

Cox Automotive’s Dale Pollak shares his best practices for sourcing used car inventory in today’s climate

- February 15, 2022
Dale Pollak grew up a dealership kid in Indiana and worked alongside his father Les, to learn the car business. Dale ran his own line of successful stores for years...
Sales & Marketing Daily Automotive News

January U.S. auto sales: Low inventory still cause for concern; transaction prices set record

- February 14, 2022
2022 U.S. auto sales kicked things off with a SAAR (seasonally adjusted annual rate) of 15.2, the highest monthly SAAR reported since June of 2021. On this edition of Inside...
Featured Sales & Marketing

Latest Articles

Ford files patent for smart tool tracking system in vehicles
Latest Articles 07/16/26

Ford files patent for smart tool tracking system in vehicles

Stellantis revives supplier program, JD Power sees transparency gains, Hyundai expands robotics strategy
Latest Articles 07/16/26

Stellantis revives supplier program, JD Power sees transparency gains, Hyundai expands robotics strategy

Bosch announces $225 million direct funding agreement with the U.S. Department of Commerce
Latest Articles 07/16/26

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.
Latest Articles 07/16/26

Stellantis revives supplier rewards program to drive cost savings

Pricing transparency raises OEM website satisfaction, JD Power finds
Latest Articles 07/16/26

Pricing transparency raises OEM website satisfaction, JD Power finds

Hyundai takes full control of Boston Dynamics as robotics strategy accelerates
Latest Articles 07/16/26

Hyundai takes full control of Boston Dynamics as robotics strategy accelerates

Mitsubishi expands Texas port operations to speed dealer deliveries
Latest Articles 07/16/26

Mitsubishi expands Texas port operations to speed dealer deliveries

The AI platform capturing $10,000 a month in after-hours dealer revenue
Latest Articles 07/16/26

The AI platform capturing $10,000 a month in after-hours dealer revenue

Fighting payment anxiety in the F&I office with empathy and value
Latest Articles 07/16/26

Fighting payment anxiety in the F&I office with empathy and value

Mexico targets USMCA tariffs, Volkswagen expands affordable EVs, Lucid denies bankruptcy rumors
Latest Articles 07/15/26

Mexico targets USMCA tariffs, Volkswagen expands affordable EVs, Lucid denies bankruptcy rumors


CBT News
Powered by  GDPR Cookie Compliance
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.