1. What exactly makes Hot Wheels a mainstay on shelves across America? NPR recently examined the enduring popularity of the toy brand and how it’s managed to keep inflation from ratcheting the price of the cars.
Hot Wheels are a retail oddity. They remain one of the most affordable toys in the country at a time when inflation is chipping away at savings accounts and compounding credit card debt for many Americans, experts like James Zahn told NPR. “It is exceptionally rare to find a toy that maintains its price for a few years, let alone more than five decades,” Zahn says. “Hot Wheels are an anomaly in that the continued sales volume and razor-sharp production pipeline manage to keep costs just low enough to maintain that sweet $1 price point.”
2. Mark Axen recently forwarded History.com’s summation of the 1936-1937 GM sit-down strike, one of the most important events in auto labor history.
The strikes had lasted for 44 days, left 136,000 GM workers idle and caused 280,000 cars to go unbuilt. Though much of the public was against sit-down strikes and considered labor unionists to be dangerous rabble-rousers, GM’s public image had suffered, too. And labor would never be the same. Union membership ballooned from 3.4 million workers in 1930 to 10 million in 1942, and the majority of the automobile industry swiftly unionized, gaining benefits and pay they never would have obtained without organizing. “They were the most important strikes in American history,” Lichtenstein says. For decades, he says, industrial unionism reigned supreme, leading to a higher standard of living for working Americans.
![1962 Dodge Dart]()
Stellantis media photo
3. Boardroom intrigue typically amounts to inside baseball, but as Bill McGuire of Mac’s Motor City Garage tells the story of the 1960 Chrysler scandal, the ramifications played out in the cars the company built and the scandal itself nearly led to the company’s demise.
On April 28, 1960, Lester L. “Tex” Colbert stepped down as president of the Chrysler Corporation to take the honored position of chairman of the board. His 10-year run as president had apparently been a successful one. Accomplishments under his leadership included the development of three advanced hemi V-8 engine families for Chrysler, Desoto, and Dodge, the Torqueflite transmission, the launch of the compact Valiant, and the transition to Unibody construction. For his successor as president, Colbert hand-picked his longtime lieutenant, friend, and Bloomfield Hills neighbor, William C. Newberg. And then barely days later, hell broke loose.
One influential Chrysler board member, Pittsburgh coal magnate George H. Love, was curious enough about the continuing accusations to press for an independent audit of the company. The audit, conducted by Touche, Ross & Co., almost immediately uncovered an alarming conflict of interest: Newberg and his wife owned a 50 percent interest in two Chrysler parts suppliers, Press Products, Inc. and the Bonan Company. Suddenly the high parts costs and poor quality had a plausible explanation. On June 30, Newberg was forced to resign after just 64 days as president. As part of his separation agreement, Newberg agreed to repay $455,000 in profits he received from his outside companies for their contract work with Chrysler.
While the executive offices were erupting in chaos, engineering, production, and sales were wracked with turmoil as well. It was Newberg who reportedly made the abrupt decision in mid-1960 that the 1962 Plymouth and Dodge had to be radically downsized, and the engineering and styling staffs struggled to meet the sudddenly tight deadlines.
The proposed full-sized Dodge and Plymouth designs for ’62 were hastily shrunk down to fit on a stretched Valiant platform, and no one was happy with the result. In a now-famous phrase, Chrysler design vice-president Virgil Exner called the awkwardly styled cars “plucked chickens.” As one story goes, Newberg made the downsizing decision after mishearing some party gossip about Chevrolet’s plans for the 1962 Chevy II, which he took to mean the carmaker’s full-sized line.
4. Over the holidays, Kustomrama shared a thorough deep-dive into the canted-quad headlamps styling trend that spans the feature’s production-car origins as well as its spread among customizers across the country in the late Fifties and early Sixties.
Glenn Goode’s Big People – The Documentary
www.youtube.com
5. Finally, a recently released documentary on Glenn Goode tells the story of the man largely acknowledged to have saved the muffler men and other massive fiberglass roadside advertising statues from obscurity. (via)