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Trucks, SUVs — and Camry — shine in mixed U.S. January vehicle sales

DETROIT — Automakers posted mixed U.S. new vehicle sales data for January, with American consumers continuing to abandon passenger cars for the larger pickup trucks, SUVs and crossover models that manufacturers also love because they are far more profitable. Total industry auto sales for the month rose 1 percent versus January 2016. According to Autodata Corp, which tracks industry sales, the seasonally adjusted annualized rate (SAAR) of U.S. car and light truck sales in January fell to 17.12 million units from 17.44 million a year earlier. Analysts polled by Reuters had expected a January SAAR of 17.2 million units. U.S. auto industry sales fell 2 percent in 2017 to 17.23 million vehicles after hitting a record high in 2016 and are expected to drop further in 2018 despite a solid economy. Interest rates are rising and around 4 million late-model used cars will return to dealer lots this year to compete with more expensive new ones. Automakers have used consumer discounts to boost sales, a growing concern for observers who say this undermines resale values and profits. Discounts declined in January, but remained above 10 percent of manufacturers' recommended prices. ""I think the industry has accepted that (sales) volumes will fall somewhat in 2018 ... and I don't think the industry is going to go over the cliff with insane incentives," Mike Jackson, chief executive officer of AutoNation Inc, told Reuters after his company, the largest U.S. auto retail chain, posted a higher quarterly net profit. Mark Wakefield, head of the North American automotive practice for consultancy AlixPartners, had a gloomier perspective. The industry's less-than-stellar sales performance for January showed "we are now past the peak," he said. "Automakers are now selling the deal instead of the vehicle," he said. "That's a tough spot to be in because that treadmill is hard to get off once you're on it." General Motors January sales rose 1.3 percent, driven by a 16 percent rise in fleet sales. Sales to consumers fell 2.4 percent. GM posted strong gains for models such as the Silverado pickup truck and Equinox crossover model, while its passenger cars continued to struggle. Ford The Blue Oval posted a 6.6 percent sales decline for January, with retail sales down 4.3 percent. Sales of Ford's F-Series pickup trucks - America's best-selling vehicle brand for decades — rose 1.6 percent. Passenger cars were down more than 23 percent.

NHTSA investigating 343,000 Honda Odyssey minivans

The recall bug could strike Honda again as the National Highway Traffic Safety Administration has opened another investigation concerning the Odyssey minivan. Honda has already recalled 59,000 Odysseys from the 2012 and 2013 model years due to a shift interlock issue, and another 320,000 of the minivans from 2003-04 are being investigated for faulty airbags. Now, TheDetroitBureau.com is reporting that NHTSA is taking a look at the 2007-08 Odyssey for a problem associated with the brakes.
This investigation reportedly includes 343,000 Odysseys that could be suffering from an unexpected application of the brakes. According to the article, at least 22 people have reported such an issue, and in five cases, dealers found a trouble code associated with the steering angle sensor - part of the anti-lock brake and stability control systems. There is still no indication as to whether or not this will become a recall, but Honda has already recalled more than 1.8 million units this year.

Honda and Mugen take tuned rides to Tokyo Auto Salon

The Makuhari Messe will open its doors in a couple of weeks for the 2016 Tokyo Auto Salon, featuring all manner of custom creations from Japan's automakers. And Honda will be out in force with an array of roadsters, hatchbacks, minivans, and crossovers. Included among them will be some modified with parts from the company's Modulo customization catalog, but the ones we're most interested are being prepared by its longtime performance partner Mugen. Mugen was founded decades ago by Hirotashi Honda, son of Soichiro Honda, the man who started the motor company for which his name is best known. Over the years Mugen has prepared Honda engines and vehicles for motorsport competition, but also customizes the company's road cars for higher levels of performance. At the Tokyo salon, Honda and Mugen will display two amped-up takes on the S660 roadster, along with a Civic Type R featuring even more extreme aero appendages, plus a modified Step WGN Spada minivan and a customized HR-V crossover. Alongside the Mugen show cars, Honda will also display an array of Modulo custom concepts. The lineup includes accessorized versions of the S660, Civic Type R, and Step WGN, but also customized takes on the Fit, N-One, and N-Box. While it's at it, Honda will also showcase some of its racing machinery and motorcycles, including the McLaren-Honda MP4-30, NSX Concept-GT, and the Concept CB cafe racer it displayed at the main Tokyo Motor Show a few months ago. Scope out all the modified automobiles in the Mugen gallery above and the Modulo gallery below for a closer look. Related Video: