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Recon Power Bikes partners with GMC on AWD Hummer eBike

Want the ultimate two-wheeled companion to your new GMC Hummer EV, or maybe you just want something electric and all-wheel drive without the Hummer's price tag? Recon Power Bikes has you covered with its new Hummer EV e-bike. Not convinced? Well, hear the specs before you bail. You might be surprised.  Recon's new offering is marketed as "all-wheel drive," which our resident two-wheeled expert and consumer guru Jeremy Korzeniewski tells us is quickly becoming conventional nomenclature for dual-motor electric bicycles. Hey, if you've got two wheels and both have motors, it's technically correct, even if it sounds a bit silly to those of us who prefer the comforts of a cage and four wheels on pavement.  Each of the two motors produces 750 watts, which combines for just a little over 2 (two!) horsepower, but remember, this is a bicycle, not a sport bike. And flipping the coin, that lone pony is accompanied by more than 118 pound-feet (or roughly a 1.8-liter Miata's worth) of torque. Recon says its top speed is north of 28 mph, which is plenty quick for something that you might see strapped to the same hitching post as a 30-year-old Huffy. The base battery offers 17.5 aH of capacity; an upgrade bumps that to 21. Recon says the total range should fall between 40 and 50 miles. The package is rounded out by an adjustable front suspension, four-piston hydraulic brakes, puncture-resistant 4-inch all-terrain tires with molded-in liners and Shimano gearing.  Recon says the Hummer e-bike offers "on-demand" AWD (rear by default; both when called upon) and even offers three fixed drive modes — "Cruise" (rear wheel drive, for maximum range and efficiency), "Traction" (front wheel drive, for navigating with low grip) and "Adrenaline" (for "off road all wheel drive dominance of the toughest, steepest terrain"). "Adrenaline" mode even offers real-time torque vectoring, just like a real Hummer EV. The two vehicles are basically the same, only the bike weighs just 96 pounds, not more than 9,000.  Look for the Recon Power Bikes GMC Hummer e-bike to hit the market in early December with a starting price of $3,999. That may sound steep, but keep in mind that QuietKat's Jeep eBike costs nearly double that.  Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Featured Gallery Recon Power Bikes GMC Hummer eBike Green GMC Green Culture Bikes Electric

GM to build outgoing Silverado and Sierra until late 2019

As it has done with previous generations, General Motors is keeping the outgoing versions of its 1500 pickups in production despite the arrival of the all-new 2019 Chevrolet Silverado and 2019 GMC Sierra. The production of the previous, K2 generation models will begin to be wound down gradually, according to Automotive News, starting with crew cabs "early next year," and double and regular cab models following during "the early second half of next year." The old model trucks will continue to be built into "late 2019" based on market demand, GM's spokesperson Kim Carpenter said. The Chevrolet will go by the name Silverado LD, with the GMC Sierra designation still to be announced. Some of the outgoing models are built by sharing the assembly work between two GM plants. Partially finished Silverado and Sierra double cab bodies are shipped from Fort Wayne, Ind., to Oshawa, Ont., where the trucks are completed, including receiving paint. This eases the workload in Fort Wayne, where production of the new T1 generation trucks started in July 2018. In January, the Silao plant in Mexico will take on the duties of building new generation regular cab and crew cab trucks. Carpenter also said that the "Oshawa shuttle," as the shared production is called, has been very successful. As a result, 60,000 more trucks will be built than what the original production forecast initially called for. GM's latest quarterly profits, disclosed last week to be $1 billion, have been far higher than expected and will result in full-year profits far higher than what had been predicted in light of steel tariffs. GM isn't the only truck maker taking a similar multi-generation approach for 2019. Both the outgoing and redesigned Ram 1500 are in production, with the previous generation being dubbed Ram 1500 Classic. Related Video:

Frustrated GM investors ask what more Mary Barra can do

DETROIT — General Motors Co Chief Executive Mary Barra has transformed the No. 1 U.S. automaker in her almost five years in charge, but that is still not enough to satisfy investors. Ahead of third-quarter results due on Oct. 31, GM shares are trading about 6 percent below the $33 per share price at which they launched in 2010 in a post-bankruptcy initial public offering. The Detroit carmaker's stock is down 22 percent since Barra took over in January 2014. After hitting an all-time high of $46.48 on Oct. 24, 2017, the shares have declined 33 percent. In the same period, the Standard & Poor's 500 index has climbed 7.8 percent. Several shareholders contacted by Reuters said GM could face a third major action by activist shareholders in less than four years if the share price does not improve. "I've been expecting it," said John Levin, chairman of Levin Capital Strategies. "It just seems a tempting morsel to somebody." Levin's firm owns more than seven million GM shares. Barra has guided the company through the settlement of a federal criminal probe of a mishandled safety recall, sold off money-losing European operations, and returned $25 billion to shareholders through dividends and stock buybacks from 2012 through 2017. GM declined to comment for this story, but the company's executives privately express frustration with the market's reluctance to see it as anything more than a manufacturer tied mainly to auto market sales cycles. GM's profitable North American truck and SUV business and its money-making China operations are valued at just $14 billion, excluding the value of GM's stake in its $14.6 billion Cruise automated vehicle business and its cash reserves from its $44 billion market capitalization. The recent slump in the Chinese market, GM's largest, and plateauing U.S. demand are ratcheting up the pressure. GM is one of the few global automakers without a founding family or a government to serve as a bulwark against corporate raiders. In 2015, a group led by investor Harry Wilson pressed GM to launch a $5 billion share buyback, and commit to what is now an $18 billion ceiling on the level of cash the company would hold. In 2017, GM fended off a call by hedge fund manager David Einhorn to split its common stock shares into two classes. Einhorn, whose firm still owned more than 21 million shares at the end of June, declined to comment about GM's stock price. Other investors said there were no clear alternatives to Barra's approach.