TSLA376.3002.58%
GM78.050-0.47%
F12.385-0.095%
RIVN16.520-0.43%
CYD42.2400.37%
HMC24.340-0.14%
TM192.320-3.76%
CVNA409.0506.03%
PAG160.4200.42%
LAD274.920-1.47%
AN203.0700.1%
GPI341.3901.61%
ABG203.0601.05%
SAH71.8400.62%
TSLA376.3002.58%
GM78.050-0.47%
F12.385-0.095%
RIVN16.520-0.43%
CYD42.2400.37%
HMC24.340-0.14%
TM192.320-3.76%
CVNA409.0506.03%
PAG160.4200.42%
LAD274.920-1.47%
AN203.0700.1%
GPI341.3901.61%
ABG203.0601.05%
SAH71.8400.62%
TSLA376.3002.58%
GM78.050-0.47%
F12.385-0.095%
RIVN16.520-0.43%
CYD42.2400.37%
HMC24.340-0.14%
TM192.320-3.76%
CVNA409.0506.03%
PAG160.4200.42%
LAD274.920-1.47%
AN203.0700.1%
GPI341.3901.61%
ABG203.0601.05%
SAH71.8400.62%


Twitter

Tesla CEO Elon Musk has rebranded Twitter as "X," replacing the platform's iconic blue branding with a new black-and-white theme.

Tesla CEO Musk swaps out Twitter bird with ‘X’ logo after ad revenue declines

- July 24, 2023
Tesla CEO Elon Musk has formally rebranded Twitter as "X," substituting the social media platform's iconic white-and-blue bird logo on Monday with a simple black-and-white design featuring the titular letter. The...
Articles Headlines
A judge has denied a shareholder-led lawsuit targeting Tesla CEO Elon Musk over his handling of last year's Twitter buyout

Judge tosses out lawsuit targeting Musk’s Twitter buyout

- May 23, 2023
A judge has denied a shareholder-led lawsuit targeting Tesla CEO Elon Musk over his handling of last year's Twitter buyout. The class-action suit alleged that Musk had acted unfairly towards investors...
Articles Headlines
Tesla Payout

Weekly roundup: Vehicle affordability improves, Twitter announces new CEO, Tesla Cybertruck update

- May 19, 2023
Earlier this week: During Tesla's annual shareholder meeting, Elon Musk dismissed speculation that he is considering stepping down as Tesla's CEO, vehicle affordability improved slightly in April, U.S. drivers are...
Daily Automotive News Articles
Tesla chief Elon Musk named Linda Yaccarino, NBCUniversal's former advertising chair, as the new Twitter CEO

Elon Musk names Linda Yaccarino as new Twitter CEO

- May 12, 2023
Tesla chief Elon Musk named Linda Yaccarino, NBCUniversal's former advertising chair, as the new Twitter CEO on Friday, May 12, months after promising to step down from the role himself. In...
Articles Headlines
Tesla compensation package

Judge hears final arguments in Elon Musk trial over $56 billion Tesla pay

- February 22, 2023
On February 21, attorneys for Elon Musk, and Tesla investor Richard Tornetta, presented their closing arguments in a trial concerning the Tesla CEO's $56 billion compensation package and whether it helped...
Articles Headlines
2018 Twitter post

Jury rules Elon Musk not liable for damages caused by 2018 Twitter post

- February 7, 2023
A San Francisco jury has ruled that Elon Musk is not liable for damages stemming from a 2018 Twitter post which claimed Tesla could be going private. In addition to this...
Articles Headlines
Musk Tweet

Lawsuit over Musk tweet from 2018 finally heads to court in California

- January 18, 2023
A court case over a 2018 tweet from Elon Musk finally began in San Francisco, after a judge denied the CEO's request to move the trial to Texas. The lawsuit alleges...
Articles Headlines
safety feature

Musk Tweet about self-driving safety feature gets government inquiry

- January 11, 2023
A tweet from CEO Elon Musk discussing a safety feature in self-driving Teslas has caught the attention of the National Highway Traffic Safety Administration, who contacted the automaker earlier this...
Articles Headlines
Tesla shares, Tesla discount

Musk to vacate Twitter role as Tesla shares tank 8%

- December 22, 2022
After multiple hits to Tesla share prices, Twitter CEO Elon Musk has confirmed he will resign from his position at the social media platform. On Sunday, the entrepreneur hosted a Twitter...
Articles Headlines
Tesla Twitter, Tesla stock

Tesla stock downgraded after Elon Musk announces tentative Twitter departure

- December 20, 2022
Elon Musk is no stranger to controversy, but the scrutiny around the billionaire entrepreneur hit an all time high in the wake of an eventful Monday which saw a Tesla...
Articles Headlines

Latest Articles

Sale of stakes in Bugatti Rimac and Rimac Group marks latest move in Porsche CEO Michael Leiters' sweeping turnaround effort.
Latest Articles 04/24/26

Porsche sells Bugatti Rimac stakes as it shifts focus to gas, hybrid models

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


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.