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Major automakers post mixed US June sales figures

General Motors, Ford and Fiat Chrysler Automobiles NV posted declines in US new vehicle sales for June on Monday, while major Japanese automakers reported stronger figures. Once again, demand for pickup trucks and crossovers offset a decline in sedan sales. Automakers' shares rose as overall industry sales still came in above Wall Street expectations. The US auto industry is bracing for a downturn after hitting a record 17.55 million new vehicles sold in 2016. Analysts had predicted that overall, US vehicle sales would fall in June for the fourth consecutive month. As the market has shown signs of cooling, automakers have hiked discounts and loosened lending terms. Car shopping website Edmunds said on Monday the average length of a car loan reached an all-time high of 69.3 months in June. "It's financially risky, leaving borrowers exposed to being upside down on their vehicles for a large chunk of their loans," said Jessica Caldwell, Edmunds' executive director of industry analysis. GM said its sales fell about 5 percent versus June 2016, but that the industry would see stronger sales in the second half of 2017 versus the first half. "Under the current economic conditions, we anticipate US retail vehicle sales will remain strong for the foreseeable future." GM shares were up 2.4 percent in morning trading, while Ford rose 3.3 percent and FCA shares jumped 6 percent. "US total sales are moderating due to an industry-wide pullback in daily rental sales, but key US economic fundamentals clearly remain positive," said GM chief economist Mustafa Mohatarem. "Under the current economic conditions, we anticipate US retail vehicle sales will remain strong for the foreseeable future." Ford said its sales for June were hit by lower fleet sales to rental agencies, businesses, and government entities, which fell 13.9 percent, while sales to consumers were flat. But it sold a record 406,464 SUVs in the first half of the year, with Explorer sales increasing 23 percent in June. And sales of the F-150 had their strongest June since 2001. On a media call, Ford executives said an initial read of automakers' sales figures indicated a seasonally adjusted annualized rate of around 17 million new vehicles for the month, which would be better than 16.6 million units analysts had predicted. FCA said June sales decreased 7 percent versus the same month a year earlier.

Honda's 3D-printed customizable EV has motorcycle bones

Honda isn't the first company to reveal vehicles with 3D-printed panels, details and more. However, it's certainly one of the biggest, so its efforts warrant a closer look. Fresh off the heels of the Paris Auto Show, Honda showed off its Variable Design platform for micro EVs: petite cars where space -- and weight -- is at a premium. The automaker wants to offer a vehicle with a customizable layout where drivers can choose what they need. That could be lowered entry points at the doors for senior drivers, a hatchback trunk for delivery vehicles or space for a family of three. (Somehow!) Let's take a closer look: I was a bit skeptical of the idea of an entire vehicle built from 3D-printed panels, but a Honda spokesperson outlined how the company took design and engineering know-how from its motorcycle division, resulting in a light but safe pipe-based skeleton under the paneling. This is apparently what gives the "micro commuter model" structural integrity. The company had some assistance from design firm Kabuku, which put a bird on it -- on the hatchback trunk, as well as the doors and seat. The car mostly has that familiarly, rough 3D-printed surface to it, but despite being the early first step in Honda's efforts to offer a heavily customizable electric vehicle, today's prototype could very much move. A handful of journalists and businessmen got to sit inside and drive it very briefly around a corner in a faux-Japanese village. 3D-printing entire car bodies could lead to reduced design times and cheaper costs. But that's if it becomes a bigger thing. For now, it's a promising platform that's still in development.This article by Mat Smith originally ran on Engadget, the definitive guide to this connected life. Green Honda Technology Emerging Technologies Electric

New Honda ad has Senna, Type R, Asimo, and astronauts

Now that Honda is back into the guts-and-performance game, automotively speaking, the Japanese company has hit the throttle on hardcore imagery. Its latest is in an ad for the company itself highlighting a small selection of its ample range of products, from motorcycles to an airplane and the coming Acura NSX, branded Honda in other markets. Called "Ignition," Wieden+Kennedy created the 90-second spot for Honda Motor Europe, with the tagline "Dare to do what others only dream of." The theme is a space launch, to give that "feeling of daring and human endeavor," perfectly supported by the print artwork with Asimo the robot up front and fabulously complicated hybrid V6 power units spewing flames from the Formula 1 cars in back. Then there's the family in the HR-V in the middle, defying gravity and sipping from juice boxes, because space is for everyone. Ayrton Senna makes a cameo again, and a Stanley Kubrick aesthetic hangs all over the production. You can check out the ad in the video above.