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%


Press Releases

U.S. News announces the 2026 best hybrid and electric cars

U.S. News announces the 2026 best hybrid and electric cars

- April 22, 2026
WASHINGTON, April 22, 2026 /PRNewswire/ -- U.S. News & World Report, the global authority in rankings and consumer advice, today unveiled the 2026 Best Hybrid and Electric Cars awards. Despite the end of EV...
Press Releases Articles
buy-sell

Performance Brokerage Services releases market insights on navigating the dealership buy-sell market

- April 20, 2026
IRVINE, Calif., April 18, 2026 /PRNewswire/ -- Performance Brokerage Services, North America's highest-volume dealership brokerage firm, has released a market insight whitepaper following the 2026 NADC Annual Member Conference titled, "Driving Value: Navigating the...
Press Releases Articles
STL launches ‘Neuralis’ in the US: A high-performance Data Center portfolio engineered for the AI era

STL launches ‘Neuralis’ in the US: A high-performance Data Center portfolio engineered for the AI era

- April 17, 2026
Washington, United States, 17/April/2026: STL Optical Connectivity NA, LLC,  (STLOC),  a U.S. subsidiary of STL [NSE: STLTECH], a leading connectivity solutions provider for AI-ready digital infrastructure, today announced the U.S. launch of Neuralis, its flagship...
Press Releases Articles
TrueCar achieves profitability and calls for a new standard in automotive pricing

TrueCar achieves profitability and calls for a new standard in automotive pricing

- April 16, 2026
SANTA MONICA, Calif., April 15, 2026 — TrueCar, one of the most recognized and trusted automotive brands, today announced it has achieved profitability, marking a key milestone in its transformation...
Press Releases Articles
Swickard Auto Group and Reynolds and Reynolds expand partnership with AI-powered curator and engagement solutions

Swickard Auto Group and Reynolds and Reynolds expand partnership with AI-powered curator and engagement solutions

- April 15, 2026
DAYTON, Ohio / LAS VEGAS, Nev. – April 14, 2026 – Reynolds and Reynolds and Swickard Auto Group today announced an expanded partnership to deploy advanced artificial intelligence tools designed to improve customer...
Press Releases Articles
Slate Raises $650 Million in Series C Round

Slate raises $650 million in series C round

- April 15, 2026
TROY, Miss., April 13, 2026 /PRNewswire/ -- Slate Auto has closed its $650 million Series C round. Slate possesses the operating capital to reach the next stage of development, thanks to visionary investors dedicated...
Press Releases Articles
Navy Federal’s Cost of Car Ownership (COCO) Index shows spike in vehicle ownership costs driven by gasoline prices

Navy Federal’s Cost of Car Ownership (COCO) Index shows spike in vehicle ownership costs driven by gasoline prices

- April 14, 2026
VIENNA, Va.--(BUSINESS WIRE)--Navy Federal Credit Union today released the latest iteration of its Cost of Car Ownership (COCO) Index, revealing a record-high in the cost of owning a vehicle. The COCO...
Press Releases Articles
Continental Battery Systems Selected by Mazda as Nationwide Battery Partner Across U.S. Dealer Network

Continental Battery Systems selected by Mazda as nationwide battery partner across U.S. dealer network

- April 13, 2026
DALLAS--(BUSINESS WIRE)--Continental Battery Systems (CBS), a leading North American battery distributor, has been selected by Mazda North American Operations as its nationwide battery supply partner, supporting Mazda’s U.S. dealer network...
Press Releases Articles
Ship.Cars announces strategic partnership with Axe to introduce AI voice automation for logistics (1)

Ship.Cars announces strategic partnership with Axe to introduce AI voice automation for logistics

- April 10, 2026
March 30, 2026 — Ship.Cars, a leading provider of transportation management solutions for the automotive logistics industry, today announced a new partnership with Axe to bring AI-powered voice automation to...
Press Releases Articles
RockED launches industry-first automated performance management and training platform

RockED launches industry-first automated performance management and training platform

- April 9, 2026
FORT LAUDERDALE, FL. April 6, 2026— RockED, the leading automotive performance management platform, announced Booster, an automated performance management system that improves service advisor performance. RockED Booster combines RockED’s learning...
Press Releases Articles


Latest Articles

FTC invites dealers to report potential pricing issues across the industry. Ford doubles down on U.S. Assembly as trade policies shift industry strategy. Carvana expands its dealership portfolio with a CDJR dealership in Ohio. New car sales drop 7.3% in April, but don't blame buyers. Cox Automotive to acquire Fullpath to expand AI-driven marketing.
Latest Articles 04/25/26

Weekly roundup: FTC wants dealers to report deceptive pricing, Ford boost U.S. assembly, Carvana expands dealership portfolio

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


CBT News
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