TSLA373.470-0.25%
GM77.840-0.68%
F12.345-0.135%
RIVN16.425-0.525%
CYD41.080-0.79%
HMC24.305-0.175%
TM192.850-3.23%
CVNA405.5402.52%
PAG160.6450.645%
LAD275.180-1.21%
AN203.2700.3%
GPI341.0301.25%
ABG201.670-0.34%
SAH71.5700.35%
TSLA373.470-0.25%
GM77.840-0.68%
F12.345-0.135%
RIVN16.425-0.525%
CYD41.080-0.79%
HMC24.305-0.175%
TM192.850-3.23%
CVNA405.5402.52%
PAG160.6450.645%
LAD275.180-1.21%
AN203.2700.3%
GPI341.0301.25%
ABG201.670-0.34%
SAH71.5700.35%
TSLA373.470-0.25%
GM77.840-0.68%
F12.345-0.135%
RIVN16.425-0.525%
CYD41.080-0.79%
HMC24.305-0.175%
TM192.850-3.23%
CVNA405.5402.52%
PAG160.6450.645%
LAD275.180-1.21%
AN203.2700.3%
GPI341.0301.25%
ABG201.670-0.34%
SAH71.5700.35%


tire

Discount Tire

Discount Tire acquiring Tire Rack by year’s end

- December 7, 2021
Two of the largest tire businesses in the US are merging operations to become an industry powerhouse. Discount Tire is acquiring Tire Rack for an as-yet-undisclosed sum with an expected...
Daily Automotive News Articles
rubber

Shortage of natural rubber compounds vehicle production concerns

- April 15, 2021
Dealers could once again be facing inventory shortages in both the sales and parts departments as the supply of natural rubber is stretched thin. Between below-average harvesting levels, stockpiling in...
Daily Automotive News Articles
tire

Three strategies to maximize tire sales in 2021

- March 26, 2021
After a difficult year for the auto industry, 2021 has brought renewed prospects of real recovery.  Americans’ driving habits are beginning to return to normal, as confirmed by our recent...
Fixed-Ops Articles
tire

Americans’ travel plans mean dealers should double down on tire sales

- November 9, 2020
Airlines have capped their in-flight capacity and scheduled flights are down as much as 70%. The impeded ability to travel by air will disrupt holiday plans for many Americans. However,...
Sales & Marketing Auto News

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Sale of stakes in Bugatti Rimac and Rimac Group marks latest move in Porsche CEO Michael Leiters' sweeping turnaround effort.
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Toyota Mobility Foundation Names Innovators in Clean Freight as Detroit Winners of Global Sustainable Cities Challenge
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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 to prioritize four core brands in turnaround strategy, sources say

Hyundai's profit drops 24% as tariffs, weak global demand persist 
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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.
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New car sales drop 7.3% in April, but don’t blame buyers

2026 Subaru Outback: Rugged evolution meets everyday practicality
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Autonomous
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CBT News
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