A method of managing wheel slip in a vehicle. The vehicle has a frame, an internal combustion engine, front and rear wheels operatively connected to the engine, a throttle valve for controlling a supply of air to the engine, a steering assembly operatively connected to at least the front wheels for steering the vehicle, and an unassisted continuously variable transmission (CVT) operatively connecting the front wheels and the rear wheels to the engine. The method includes: determining a sensed deceleration of the vehicle; comparing the sensed deceleration of the vehicle to a threshold deceleration; and increasing a torque output of the engine from a current engine torque output value to an increased engine torque output value when the sensed deceleration of the vehicle is greater than the threshold deceleration. A method for managing wheel slip in accordance with a drive mode of the vehicle is also disclosed.