2014 Honda Ridgeline Se on 2040-cars

Auto blog

Average transaction prices climb to a record $36,270 in January

The automotive sector made a hash of the numbers last month, a mess of pluses and minuses clogging the transaction-price charts according to Kelley Blue Book. The overall industry rose one percent, even though buyers bought fewer cars and light vehicles in January 2018 vs 2017 using the selling-day adjusted rate. Due to January transaction prices rising to $36,270, a record for January, the value of new vehicles sold climbed more than $1 billion compared to January 2017. KBB's transaction prices don't include customer incentives, which changes the complexion slightly; average incentive spending rose to just over ten percent. The average transaction price in December 2017 was $36,756, so January dropped a bit - nothing unexpected, with the month annually blamed for "January doldrums." More revealing is the fact that the average transaction price in January 2017 was $34,910. This year's plumped-up figure came courtesy of the continued shift to crossovers, SUVs, and light trucks, which shouldn't surprise anyone who's read an automotive blog in the past 20 years. That category comprised nearly 70 percent of new vehicle sales for the month. Some manufacturers profited more than others, though. Fiat Chrysler managed 12.8 percent fewer sales in January compared year-on-year, but the company's vehicles sold for $1,300 more. The Ford brand suffered a 6.3-percent dip in sales, but brand transaction prices increased $2,000, while a Lincoln sold for $8,700 more on average. General Motors sold more cars and sold them for more money; overall GM transaction prices rose four percent, or $1,270, while a GMC traded hands for seven-percent more than in January 2017 and a Cadillac got $2,300 more on average. Of KBB's listed automakers, the Volkswagen Group got the most of out its customers, transaction prices rising at the German automaker by 5.6 percent to $42,243 in January 2018 compared to a year earlier. American Honda followed with a 4.3-percent increase to $28,991, GM in third at 4.1 percent to $40,313. Find your next car at Autoblog using our new and used car listings or the Car Finder tool. Broken out by segment, minivans rocked the table, transaction prices leaping by 7.9 percent to $35,380 compared to January a year earlier. Luxury cars boasted the next-highest rise, at 3.6 percent to $58,533.

Honda, Acura recall Ridgeline, Accord, MDX, TLX for various fuel pump issues

Honda and Acura have issued two separate fuel pump-related recalls for Ridgeline pickups, as well as Accord and TLX sedans, and MDX SUVs. Affected Ridgelines could have an increased risk of fire, while the Accord, TLX, and MDX could potentially stall out while driving. According to NHTSA campaign No. 19V053000, Honda is recalling 106,683 2017-2019 Ridgelines because the fuel pump feed port could crack when exposed to certain acids, including car wash soaps. If it cracks, it could leak pressurized fuel, which could catch fire. Vehicles with this defect are subject to a free fuel pump replacement, as well as an extra fuel pump cover. The second recall, campaign No. 19V060000, affects 437,032 2016-2018 MDX, 2015-2019 TLX, and 2015-2017 Accord models equipped with 3.5-liter V6 engines. According to Honda, fuel particulates could stick to internal components of the fuel pump. This could potentially slow down the fuel pump and hinder performance, which could cause the engine to sputter and stall. Honda dealers will update the fuel injection engine control unit software and/or replace the fuel pump, if needed. If you want to know if your vehicle is included in one of these recalls, contact your Honda or Acura dealer, call the NHTSA hotline at 1-888-327-4236, or visit safecar.gov. Related Video:

NHTSA opens safety investigations into Toyota, GM and Honda crossovers

The National Highway Traffic Safety Administration is evidently keeping itself very busy these days, as the federal agency has just announced it is launching or renewing investigations into Toyota, Honda and General Motors crossovers.
2006-2008 model year Toyota RAV4 crossovers are under review for allegations of rear tie-rod rust which can result in failure. NHTSA also said it is probing some 35 complaints about 2005 Honda Pilot models with inappropriate activation of the vehicles' stability control system. The alleged malfunction can cause the vehicles to slow down or stop in bad unsafe situations. At the moment, NHTSA is reviewing a petition regarding the Pilot issue, a move that will determine whether it needs to open a full-blown investigation.
In addition, Saturn Outlook and GMC Acadia three-row crossovers built in 2007-2009 are getting looked at for "loss of low beam headlamp" function. One complainant said the wiring in his Outlook overheated and melted. NHTSA says it has received 415 complaints about the problem and a GM spokesman confirmed that the automaker already started a "Customer Satisfaction Program" in December to address the issue.