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Trucks, SUVs drive U.S. October new vehicle sales

DETROIT — Major automakers posted mixed U.S. new vehicle sales in October on Wednesday, though America's love affair with high-margin pickup trucks and SUVs remained in full bloom as larger, pricier vehicles fared better than passenger cars. Auto industry publication WardsAuto put the seasonally-adjusted annualized rate (SAAR) for light vehicle sales in October at a robust level of 18 million units. But after a long boom cycle, carmakers are still ill-prepared for the slight decline in sales anticipated for full-year 2017 and have taken too few steps to trim production, said Doug Mehl, a partner in consultancy A.T. Kearney's automotive practice. "When you make a new vehicle, you have volume assumptions tagged to it, and who wants to be the guy who says, 'I'm going to make less of this really cool model'?" Mehl said. "But eventually the market is the reality, and it's going to force companies one way or other here." General Motors GM reported a sales drop of 2.2 percent for the month, with consumer sales down 6.6 percent. But sales of high-margin pickup trucks, sport utility vehicles and crossovers all rose. GM also cut its inventory of unsold vehicles — a source of concern for the market — slightly. The automaker has worked to reduce its volume of excess inventory, including through significant production shutdowns in the third quarter. GM had said its inventory would rise in October. "We are heading into the fourth quarter with good momentum, thanks to a strong U.S. economy and very strong pickup and crossover sales," said Kurt McNeil, GM vice president for U.S. sales operations. GM slightly reduced consumer discounts as a percentage of average transaction prices to 13.5 percent, from 13.7 percent in the third quarter. Industry experts believe consumer discounts above 10 percent of the average transaction price are unhealthy as they erode resale values and are unsustainable in the long term. Consultants J.D. Power and LMC said last week that based on preliminary October sales numbers, discounts have exceeded 10 percent in 15 of the past 16 months. Ford The U.S. auto industry posted record sales of 17.55 million vehicles in 2016. New sales received a strong boost in September as consumers replaced vehicles damaged in southeast Texas by Hurricane Harvey the previous month. Full-year 2017 sales are expected to be slightly lower than 2016.

22,000 Honda Shadow 750 motorcycles recalled [UPDATE]

Update: Honda's statement on the recall is now embedded below. The Basics: Honda will recall 22,142 examples of its 2010-2016 VT750 Shadow motorcycles, including the 2012-2014 VT750CA, VT750C2 and VT750C2F; 2011-2016 VT750C; 2013-2016 VT750CS; 2010-2016 VT750C2B; and 2013-2014 VT750C2S. The Problem: Engine vibration can cause a wire for the bank angle sensor to rub against the joint connector on the wire harness. This can eventually cause a loss of the signal, and the engine could stall. Injuries/Deaths: None reported. The Fix: Dealers will replace the bank angle sensor and move the joint connector. If You Own One: Honda expects the recall to begin February 19. More Information: Documents from the National Highway Traffic Safety Administration (as a PDF) report Honda received five warranty claims and five field reports about this issue as of December 14, 2015. Related Video: RECALL Subject : Engine Stall from Loss of Sensor Signal Report Receipt Date: DEC 23, 2015 NHTSA Campaign Number: 15V874000 Component(s): ELECTRICAL SYSTEM Potential Number of Units Affected: 22,142 All Products Associated with this Recall Vehicle Make Model Model Year(s) HONDA VT750 2010-2016 Details Manufacturer: Honda (American Honda Motor Co.) SUMMARY: Honda (American Honda Motor Co.) is recalling certain model year 2012-2014 VT750CA, VT750C2 and VT750C2F, 2011-2016 VT750C, 2013-2016 VT750CS, 2010-2016 VT750C2B and 2013-2014 VT750C2S motorcycles. Engine vibration may cause the bank angle sensor wire to rub on the wire harness joint connector, resulting in a loss of the sensor signal. CONSEQUENCE: Without the bank angle sensor signal, the engine may stall while riding, increasing the risk of a crash. REMEDY: Honda will notify owners, and dealers will relocate the joint connector and replace the bank angle sensor, free of charge. The recall is expected to begin February 19, 2016. Owners may contact Honda Motorcycle customer service at 1-866-784-1870. Honda's number for this recall is JW7. NOTES: Owners may also contact the National Highway Traffic Safety Administration Vehicle Safety Hotline at 1-888-327-4236 (TTY 1-800-424-9153), or go to www.safercar.gov. American Honda Statement on VT750 Recall Honda has issued a Safety Recall of some 2010-2016 model-year VT750 motorcycles. It is possible that long term exposure to engine vibrations may cause the bank angle sensor wiring to break, or be damaged, which could cause the engine to stall and increase the risk of a crash.

Buckeye Current back on track at Pikes Peak with new rider [w/video]

After suffering a major setback, the Buckeye Current electric motorcycle racing team of students from Ohio State University looks set to take on the 2015 Pikes Peak International Hill Climb on June 28. The squad's longtime rider Rob Barber suffered a crash on the bike during practice for the event. Now, three-time Pikes Peak 450 Pro Class winner Joe Prussiano (pictured above) has taken over to challenge the mountain for the group. In some ways, Buckeye Current is the scrappy underdog of the electric motorcycle racing world. The student team has definitely shown speed, though. In 2013 and 2014, its bikes took consecutive third place finishes in the Isle of Man TT Zero with Barber in the saddle. This year the squad's sights are set on Pikes Peak with a new bike called the RW-3, and the aim is for a possible overall motorcycle record. Utilizing a frame from a Honda CBR1000RR, the students created the 7.8-kWh battery pack, carbon fiber fairing, and electronics system. The team estimates the cycle is making over 134 horsepower and is capable of an average speed of 76 miles per hour up the hill climb. Following Barber's crash, the RW-3 had to be rebuilt, but it has now passed tech inspection to race up the mountain again. Scroll down and check out Prussiano's first ride of the RW-3 on America's Mountain. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. BUCKEYE CURRENT RALLIES TO COMPETE IN THE 2015 PIKES PEAK INTERNATIONAL HILL CLIMB Buckeye Current, the student electric motorcycle team at The Ohio State University, has completed its latest all-electric racing motorcycle. RW-3 will compete in the 2015 Pikes Peak International Hill Climb June 28. This follows on the success of the team's 2013 and 2014 Isle of Man TT Zero performances in which renowned rider Rob Barber piloted the team's RW-2 and then RW-2.X vehicles to third place victories, achieving the title of the world's fastest collegiate electric motorcycle two years in a row. After earning two podium finishes at the Isle of Man, the team was looking ahead to a new challenge. This year the team had to create an entirely new bike to conquer Pikes Peak. RW-3 is designed to average 76 miles per hour through the course with a top speed of 125 miles per hour. The battery pack holds 7.8 kilowatt-hours of energy on board and contains 972 individual 18650 cylindrical battery cells.