TSLA376.8803.16%
GM77.890-0.63%
F12.380-0.1%
RIVN16.470-0.4799%
CYD41.9400.07%
HMC24.299-0.1815%
TM192.290-3.79%
CVNA408.1505.13%
PAG160.9650.965%
LAD274.850-1.54%
AN203.0400.07%
GPI341.3051.525%
ABG203.8701.86%
SAH71.7850.565%
TSLA376.8803.16%
GM77.890-0.63%
F12.380-0.1%
RIVN16.470-0.4799%
CYD41.9400.07%
HMC24.299-0.1815%
TM192.290-3.79%
CVNA408.1505.13%
PAG160.9650.965%
LAD274.850-1.54%
AN203.0400.07%
GPI341.3051.525%
ABG203.8701.86%
SAH71.7850.565%
TSLA376.8803.16%
GM77.890-0.63%
F12.380-0.1%
RIVN16.470-0.4799%
CYD41.9400.07%
HMC24.299-0.1815%
TM192.290-3.79%
CVNA408.1505.13%
PAG160.9650.965%
LAD274.850-1.54%
AN203.0400.07%
GPI341.3051.525%
ABG203.8701.86%
SAH71.7850.565%


year

community

How dealers can drive community involvement into the holiday season

- November 30, 2020
Having come through one of the most peculiar Thanksgiving holidays in history as the US continues to battle COVID-19 outbreaks, the automotive industry remains surprisingly strong. TrueCar and ALG are...
Management & Leadership Articles
Black Friday

Lower volume, higher profits the name of the game for dealers on Black Friday

- November 25, 2020
In yet another twist on a topsy-turvy year, Black Friday car deals are expected to be less aggressive than they have been in previous years. The prediction comes from industry...
Sales & Marketing Articles
recovery

Can the auto industry maintain its torrid recovery pace?

- November 4, 2020
After a devastating first half of 2020, the automotive industry sustains its strong recovery, outpacing retail recovery figures in other industries. CNN reports that the American economy is operating at...
Daily Automotive News Auto News
unemployment

Conflicting views on US auto recovery as unemployment up, sales up

- October 16, 2020
The Associated Press posted Thursday that the number of unemployment benefit applicants rose by 898,000 last week. That’s the highest number reported in the past two months, and it’s a...
Daily Automotive News 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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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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2026 Subaru Outback: Rugged evolution meets everyday practicality
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Autonomous
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CBT News
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