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GM profits threatened by glut of pickups

Automotive News reports that General Motors may slash production or ramp up discounts in order to deal with an oversupply of pickup trucks. GM currently has more than double the standard supply of pickups, and the vehicles are threatening to dampen the automaker's profits for 2013. Typically, automakers try to sustain a 60- to 75-day supply of vehicles, but GM is currently loaded with a 139-day supply, as of last month. At the end of November, the automaker was sitting on 245,853 units.
The manufacturer says that it will adjust production accordingly before laying any incentives on the profitable pickups. Even so, there's some concern that the inventory swell could hurt the roll-out of the next-generation Chevrolet Silverado and GMC Sierra. GM actually began slowly stepping back production in August, but it's clear the company will take further action as it heads toward the end of the year and into the next. Analysts predict the automaker could reduce pickup manufacturing by nearly half in the first quarter of 2013.
That still may not be enough to keep GM from laying extra cash on the Silverado and GMC Sierra. While the company's incentive spending was down in November compared to the same month in 2011, both the Ram 1500 and Ford F-150 saw double-digit percentage increases in sales last month while the Silverado and Sierra numbers slid compared to a year prior. Incentive spending could help move more trucks and add some balance to the GM inventory surge.

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

Train derailment leaves Jeep, GMC, Chevy pickups damaged in Nevada

An unfortunate train derailment is causing some inevitable delays for pickup truck customers west of Nevada. Yesterday morning, 33 train cars derailed in Lincoln County, and the cargo that was being transported consisted of new Jeep Gladiators and Wranglers along with Chevrolet Silverados and GMC Sierras, judging from the photos released by the Lincoln County Sheriff’s Office. The train derailment also caused the adjacent road to be closed, and local law enforcement recommends the area is to be avoided as long as it takes to clean it all up. In the photos, damaged Jeeps and other trucks sit either on their wheels or shiny-side-down as the incident is being assessed. Available information says there were thankfully no personal injuries, but itÂ’s not likely any of these trucks will end up in customer hands, even with a significant discount. Pre-registration transport damage, significant or not, has often resulted in scrapping complete vehicles so that manufacturers can steer clear of liability issues. Hooniverse.com, which also reported on the incident, notes a couple of interesting things. Firstly, the upended Gladiator seems to have a pretty sturdy support structure for its glasshouse, thanks to its new rollbars. Another matter is that the GM trucks, also pictured, wear discreet and temporary transport steel wheels instead of fancier items, perhaps to deter thieves eager to grab a shiny set from trucks on their way to the dealer. Still, itÂ’s a shame these vehicles could never fulfill their hauling purposes in the hands of new owners. Perhaps the manufacturers can at least use the damage for data-gathering purposes. Related Video: