TSLA375.0051.2848%
GM77.925-0.595%
F12.350-0.13%
RIVN16.585-0.365%
CYD41.484-0.3856%
HMC24.265-0.215%
TM192.700-3.38%
CVNA400.990-2.03%
PAG160.4800.48%
LAD274.400-1.99%
AN202.930-0.04%
GPI337.990-1.79%
ABG201.650-0.36%
SAH71.190-0.03%
TSLA375.0051.2848%
GM77.925-0.595%
F12.350-0.13%
RIVN16.585-0.365%
CYD41.484-0.3856%
HMC24.265-0.215%
TM192.700-3.38%
CVNA400.990-2.03%
PAG160.4800.48%
LAD274.400-1.99%
AN202.930-0.04%
GPI337.990-1.79%
ABG201.650-0.36%
SAH71.190-0.03%
TSLA375.0051.2848%
GM77.925-0.595%
F12.350-0.13%
RIVN16.585-0.365%
CYD41.484-0.3856%
HMC24.265-0.215%
TM192.700-3.38%
CVNA400.990-2.03%
PAG160.4800.48%
LAD274.400-1.99%
AN202.930-0.04%
GPI337.990-1.79%
ABG201.650-0.36%
SAH71.190-0.03%


wholesale

The wholesale used vehicle market experienced a notable decline in the first half of July. This trend has sever implications for dealers.

Wholesale used vehicle prices decline in the first half of July

- August 27, 2024
The wholesale used vehicle market experienced a notable decline in the first half of July. This trend has substantial implications for dealers and consumers alike, making it essential to understand...
Sales & Marketing Articles

The state of used car prices: why are certain car brands so high?

- August 18, 2023
Used car prices have been high since the early days of the COVID-19 pandemic. The global health crisis and supply chain problems caused a shortage of new cars, which led...
Sales & Marketing Articles
Randy Barone, Vice President of Business Development at ACV, and Doug Hadden, ACV Vice President, discuss managing EV inventory.

Q&A with ACV: Managing used EV inventory for greater sales success

- August 14, 2023
As the automotive industry experiences a rapid acceleration of electric vehicle trends, dealerships must adapt to this changing landscape to seize new business opportunities. Transitioning to EVs involves more than...
Sales & Marketing Articles
Manheim decine

Manheim caught a significant decline in wholesale pricing for used cars

- July 10, 2023
On a mix, mileage, and seasonally adjusted basis, wholesale used-vehicle prices dropped 4.2% from May to June. Manheim's Used Vehicle Value Index (MUVVI) fell to 215.1, a 10.3% decline from...
Headlines Articles

Q&A with ACV’s Randy Barone: How to perfect your dealership’s wholesale strategy

- June 21, 2023
In today's dynamic wholesale market, dealers are challenged with navigating historically high used car prices and fluctuating inventory within a digital environment. To stay competitive, dealers must prioritize effective inventory...
Sales & Marketing Articles
The year-over-year declines in wholesale used car prices indicate a return to pre-pandemic conditions rather than waning demand.

Wholesale used car prices decline 5% year-over-year in April

- May 5, 2023
Wholesale used car prices declined for the first time this year. According to April's latest Manheim Used Vehicle Value Index, prices decreased 3% from March and 4.4% from a year...
Headlines Articles
wholesale used vehicle prices

Wholesale used vehicle prices changing course in April

- April 19, 2023
After seeing unexpected increases in February and March, wholesale used vehicle prices have started to drop once more. Cox Automotive reports that the Manheim Used Vehicle Value Index (MUVVI) fell to...
Articles Headlines
wholesale used-vehicle prices

Wholesale used-vehicle prices jumped in February reports Cox Auto

- March 14, 2023
Last week, Cox Automotive reported a 4.3% increase in wholesale used-vehicle prices in February. According to the report, this is the largest monthly gain for February since 2009, although average values...
Articles Headlines
wholesale operations

Boosting the profitability of your dealership’s wholesale operations — Derek Hansen, Cox Automotive

- February 9, 2023
When it comes to wholesale operations, dealers can capitalize on new technology in a variety of ways to increase efficiency and maintain healthy profit margins. CBT News anchor Jim Fitzpatrick spoke with...
Daily Automotive News Featured
Automotive Ventures EVs startups connected car Buick CES

Updates on Ford EV certification and a major deal in the wholesale auction space

- November 11, 2022
Welcome to this episode of The Friday 5 with Steve Greenfield, Founder and CEO of Automotive Ventures, an auto technology advisory firm that helps entrepreneurs raise money and maximize the...
Future of Automotive Daily Automotive News


Latest Articles

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

Tesla is winning the self-driving race – so why is Washington trying to slow it down?
Latest Articles 04/24/26

Tesla is winning the self-driving race – so why is Washington trying to slow it down?


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.