Tesla cuts prices in key Asia markets as sales falter

SHANGHAI - Tesla cut electric vehicle prices in China for the second time in less than three months on Friday, stoking expectations for a wider price war for battery-powered vehicles in the world's largest auto market where demand has weakened.

Tesla also cut prices on its best-selling Model Y and Model 3 EVs in Japan, South Korea and Australia.

The coordinated cuts were part of an effort to help stoke demand for Tesla's output at its Shanghai factory, the company's single largest production hub, according to a person with direct knowledge of the plan.

It was also the first major move by the electric vehicle maker since Tesla appointed its lead executive for China and Asia, Tom Zhu, who has been based in Shanghai, to oversee global output and deliveries.

Tesla shares slid in premarket trading after the price cuts.

Established automakers have long turned to incentives in the face of weaker demand to control inventory, but, until late last y…

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Geely’s EV brand Zeekr aims to double sales in 2023, expand in Europe

LAS VEGAS -- Chinese electric-vehicle brand Zeekr aims to double sales in 2023 to about 140,000 vehicles and plans to expand sales in Europe, CEO Andy An told Reuters.

Zeekr, a brand created by Chinese automaker Geely, sold 72,000 vehicles in 2022, mostly in China.

Its 001 model, priced at about 300,000 yuan ($43,600), competes with Tesla’s Model Y crossover and other luxury models in the increasingly competitive Chinese market.

Tesla has cut prices and trimmed production in China as it faces intensifying competition from Chinese brands such as Zeekr. Tesla sales in December fell to the lowest level in five months.

A second Zeekr model, the 009, will go into production this month.

Zeekr sees opportunity for growth in Europe, An said in an interview at the CES 2023 annual technology conference in Las Vegas.

Later this year, Zeekr plans to begin selling vehicles in the market with assisted driving systems engineered with Mobileye, he a…

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Stellantis creates data services business, called Mobilisights

PARIS -- Stellantis is establishing a new business unit to help expand its data services business, part of its plans to generate at least 20 billion euros ($21.1 billion) from software-related activities by 2030.

The new unit, called Mobilisights, will license data to a wide range of customers including rival carmakers, drawing on Stellantis' connected vehicles, which are expected to total 34 million by 2030, up from about 12 million now.

Sanjiv Ghate, Mobilisights CEO, told reporters on Thursday during the CES show in Las Vegas that the business could help to reduce accidents by for example relaying information about road hazards, and also allow insurance products to be better tailored to individual drivers. Such data could be licensed to other automakers.

Setting up a separate unit should make it easier to establish partnerships, added Ghate, who joined Stellantis last year from digital mapping company Here and is based in the San Francisco area.…

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Mapmaker Ushr adds Nissan to customer list

<!--*/ */ /*-->*/ Mapmaker Ushr adds Nissan to customer list

Mapmaking technology company Ushr Inc. has compiled high-definition map data on more than 500,000 miles of roads in the United States.

Those maps enable key driver-assist features. Perhaps most notably, the company's map data underpins Cadillac's Super Cruise hands-free driving feature.

Now a second global automaker will utilize those maps. Nissan said Thursday it has been collaborating with the Livonia, Mich.-based mapmaker for a long time, and the two companies revealed that Nissan's ProPilot Assist 2.0 driver-assist system will use Ushr's maps.

That system made its U.S. debut on the 2023 Nissan Ariya, which reached dealerships in late 2022.

Unlike other mapmakers, Ushr says its roots in civil engineering and survey work allow it to differentiate its product from competitors. Using lidar sensors, the company collects information that allows cars to discern their locatio…

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BMW boss predicts big infotainment screens will vanish

LAS VEGAS — Automakers are racing to wallpaper the dashboard with high-definition infotainment displays.

BMW Group boss Oliver Zipse thinks it's a mistake and believes the trend will be short-lived.

"Driver distraction is the main source of accidents — it's not fast driving," Zipse said at a media briefing at CES 2023.

Zipse said he is "absolutely convinced" that center console-based screens that require drivers to look away from the road will soon be history.

"In 10 years, that is gone," Zipse said. "Probably the regulator will not allow it."

BMW is planning for Zipse's prediction to pan out.

At CES, the automaker teased head-up display technology that projects information across the windshield.

Current head-up displays project a small field of view. Expanding the field of view can create a more immersive experience and deliver critical driving information in the driver's natural line of sight, allowing them to keep their ey…

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Ram EV pickup concept will follow you like a puppy and just about charge itself

LAS VEGAS — Ram gave the industry a glimpse of what to expect in 2024 with the unveiling of the 1500 Revolution BEV Concept on Thursday during CES.

Ram is looking to raise the bar in the electric pickup market with features such as an automated charger and the ability to follow a walking driver like a loyal dog.

The truck brand is joining the EV pickup fray later than rivals when the electric 1500 arrives next year, but Stellantis says it has been using the time to gauge the competition and is working to surpass them in metrics such as range, towing, payload and charge time.

Ram CEO Mike Koval said designers were told to dream big and push boundaries. Koval wanted the team to "think of everything, so we can deliver a truck unlike anything."

Koval said the influence of the Revolution will be evident in the production model of the electric 1500 that will be shown "in the next couple of months."

"It's a visionary road map of where we're taki…

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St. Louis dealer Frank Bommarito dies at 88

St. Louis dealer Frank Bommarito died Monday at 88.

Bommarito, who founded Bommarito Automotive Group more than 50 years ago and expanded it across the St. Louis region, died peacefully in his home in Naples, Fla., surrounded by his family, KMOV4 reported. A post on the dealership group's website confirmed his death.

Bommarito got his start in automotive retailing in 1952 when he went to work at a local Pontiac dealership as a porter, according to a company history on the group's website and an obituary posted online. After returning from two years of active duty in the Navy during the Korean War, Bommarito worked in car sales, eventually becoming a sales manager at another Pontiac dealership.

The company credits Bommarito's success in motivating and managing personnel as the reason General Motors in 1971 awarded him an Oldsmobile franchise in Ellisville, Mo. That Oldsmobile store marked the beginning of what would become a large dealership group.

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Toyota chief Toyoda tests positive for COVID, cancels business event attendance

TOKYO -- Toyota President Akio Toyoda has tested positive for COVID-19 and will be absent from a series of New Year events to be held by Japanese business lobbies on Thursday, a company spokesperson said.

Toyoda had been due at events in Tokyo hosted by Japan's top trade organizations where business and political leaders including Prime Minister Fumio Kishida will be in attendance.

The spokesperson said Toyoda gets tested regularly for COVID and declined to comment on his symptoms.

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BMW i Vision Dee shows new reaches of digital tech

LAS VEGAS — BMW's new vision of a digital world on wheels, the BMW i Vision Dee midsize sedan concept presented at CES 2023, reveals a smörgåsbord of technologies the German automaker is cooking up to blend virtual and physical experiences.

"With the BMW i Vision Dee, we are showcasing what is possible when hardware and software merge," BMW Group CEO Oliver Zipse said at a keynote Wednesday. "We are able to exploit the full potential of digitalization to transform the car into an intelligent companion."

BMW brand design boss Domagoj Dukec said the Dee offers a peek at the digitalization technologies that can make driving safer and more entertaining.

The concept hints at design elements that "show where we want to transform BMW," Dukec said at a media briefing in Munich last month.

The marque technology in Dee (Digital Emotional Experience) is a head-up display that projects information across the vehicle's windshield.

Current head-up disp…

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Sony Honda Mobility debuts Afeela EV prototype at CES

LAS VEGAS — A joint venture between Honda Motor Co. and Japanese electronics giant Sony Corp. unveiled a prototype of its planned electric vehicle at the CES technology show on Wednesday.

Sony Honda Mobility said the concept is a brand it's calling Afeela. Yasuhide Mizuno, CEO of Sony Honda Mobility, said the vehicle will move toward mass production, with the opening of preorders anticipated in the first half of 2025 and sales beginning that same year.

The first deliveries to North American customers will begin in the spring of 2026, Mizuno said.

"Afeela represents our concept of an interactive relationship, where people feel the sensation of intelligent mobility and where mobility can detect and understand the people and society by utilizing sensing and AI technologies," he said.

The vehicle's exterior includes what the venture is calling a "Media Bar," which will be designed to use light to communicate with people around it. Sony Honda Mobilit…

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Fiat unveils metaverse car shopping service

LAS VEGAS — Fiat has taken the car shopping journey to the metaverse.

The brand in December debuted its Fiat Metaverse Store in Italy that offers consumers the chance to configure vehicles in the virtual showroom and purchase them on the spot. The process will be shepherded by real product experts, not artificial intelligence, so this experience has a "human connection," said brand CEO Olivier Francois.

Fiat is looking to roll out the metaverse showroom in France, Germany and the United Kingdom in early 2023. Francois hopes to launch the showroom in the U.S. in early 2024 to line up with the return of the electric 500e.

Francois said the expert manning the store, known as a Fiat Product Genius, was inspired by Apple. The tech company uses the genius moniker for its store workers, who provide technical support and advice to customers.

The Fiat Product Genius is available to answer questions about issues such as vehicle charging. Fiat sought younger…

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DAILY DRIVE PODCAST: January 4, 2023

Industry executive Shauna McIntyre discusses what economic headwinds might mean for tech startups and traditional auto companies alike. Plus, Forvia CEO Patrick Koller talks about the supplier's innovations, including technologies to help cut carbon as well as a front shield that the company describes as “self-healing.”

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