Episode 88 – Leaving a Lasting Legacy
Welcome to the auto podcast that did not buy a Bentley Continental last week…
On this episode of Throwin’ Wrenches…
- Sony and Honda are making waves with legacy automakers
- Subaru leaves a lasting Legacy
- Spring is in the air… and so are auto theft joyrides
Thanks for listening. To join in on the fun of the show, just email us at info@throwinwrenches.com
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Projects
Eric explains how a trailer toilet works, rattles off some rally time with his son, Aiden, and recaps this year’s MOORE Overlanding & Off Road Expo. It sounds like a really cool event and may be worth checking out in 2025.
Meanwhile, Daryl is tracking down some tires for his 1947 Chevy Fleetline and preparing for some spring cleaning on all the daily drivers. He needs to get a good coat of wax on everything.
News
Tesla’s $939 Billion Valuation Lead Over Toyota Is Almost Gone
Source: Bloomberg
Tesla’s edge over Toyota narrowed to about $83 billion before the start of regular US trading Tuesday. After the close, the electric-vehicle maker is expected to report its first decline in quarterly revenue in four years and a 40% plunge in operating earnings. Toyota has drawn criticism for biding its time on cars entirely powered by batteries and wagering that consumers will be more open to its gas-electric hybrids. Its strategy has paid off in recent months as EV sales growth has slowed.
Dealers Raise Concerns About How Scout, Sony Honda Mobility Will Sell Vehicles
Source: Automotive News
A group of state dealer associations is pressing Honda Motor Co. and Volkswagen Group not to sell planned electric vehicles from Scout and Sony Honda Mobility outside of the country’s franchised dealer system. The Automotive Trade Association Executives, in perhaps the most public display of frustration yet, addressed the issue in a full-page ad in the April 15 issue of Automotive News, calling out both automakers as well as Scout, a brand formed by Volkswagen Group, and Sony Honda Mobility, a joint venture between Sony and Honda that is developing electric vehicles under the Afeela brand.
Here are the 5 least expensive EVs in the first quarter
Source: Automotive News
Big discounts to move electric vehicles off dealership lots means consumers have a selection of vehicles priced below $41,000. Automakers and retailers offered huge incentives — sometimes five-digit discounts — to sell EVs that lingered on dealership lots for more than 100 days in the first quarter of 2024. They are trying to overcome consumer worries about EV driving range limitations, a lack of public charging stations and high prices. The price-cutting strategy is not sustainable long term, said Stephanie Valdez Streaty, director of industry insights at Cox Automotive.
2025 Subaru Legacy to mark end of brand’s midsize sedan
Source: Automotive News
Subaru said it will end production of its oldest U.S.-built model, the Legacy sedan, after the 2025 model year, citing a shift in consumer preferences away from cars to crossovers and SUVs. The Japanese automaker also said Tuesday that it plans to produce eight electric vehicles globally by 2028. Ending Legacy output at a plant in Lafayette, Ind., would presumably free up capacity for Subaru to produce at least one of those EVs in the U.S., helping it to potentially qualify for EV consumer tax credits.
Traffic deaths topped 40,000 last year as NHTSA looks to reduce distracted driving
Source: NBC News
More than 40,000 people were killed last year in traffic crashes, according to preliminary data released Monday, remaining above pre-pandemic levels but slightly down from their peak in 2021. Traffic deaths spiked in 2020 and again in 2021 and have since declined slightly. Still,they are up 25% since 2013, and the Governors Highway Safety Association found that pedestrian deaths reached a 40-year high in the United States in 2022.
The NHTSA said that “distracted driving,” an issue that has grown in urgency with the ubiquity of smartphones, resulted in 3,308 deaths and 289,310 injuries in 2022, and 3,522 deaths in 2021.
The agency released the data to coincide with the launch of an April campaign to spread awareness about distracted driving called “Put the Phone Away or Pay,” which hopes to scare people away from texting and driving, but which some advocates call an ineffective waste of resources.
Stolen car joyrides lead to multiple underage arrests in Peoria
Source: CI PROUD
Three 15-year-olds are now in the Peoria Juvenile Detention Center and one in the hospital after officers stopped two cars that were reported stolen early Tuesday morning.
According to a Peoria police news release, officers saw two cars traveling south on Western Avenue around 4:30 a.m. One was excessively speeding and the other car following had a missing passenger window. Both cars were reported stolen.
One car stopped near AutoZone on W. Proctor while the other continued south. Three 15-year-old boys were inside the stopped car. Officers detained and interviewed the three at Peoria Police Department before they were charged with possession of a stolen motor vehicle and possession of a cannabis. The driver of the stolen car was also cited for no driver’s license.
The second car attempted a left turn on SW Jefferson Street. When the driver saw police, he abandoned the car and ran.
He was taken into custody after a brief chase, being taken to a local hospital for a hurt ankle.
When released, he will be arrested and taken to the Juvenile Detention Center for possession of stolen motor vehicle, fleeing and eluding, reckless driving, obstructing police and possession of burglary tools.
Moment of Musk
I want my XTV
Elon Musk’s X Launches TV App as It Pushes Video Ambitions
Source: The Hollywood Reporter
Elon Musk‘s X platform is continuing its video push, launching a dedicated app for smart TV sets.
The X video app launched Tuesday, with the company touting a handful of key features, including a trending video algorithm, artificial intelligence-powered trending topics and cross-device compatibility, so users can start watching on their phone and continue watching on TV.
The X TV app will not have any ads at launch, according to a note sent to the company’s corporate partners Tuesday.
“We’re focusing on launching this new feature for consumers first, but we do plan to monetize it, and will discuss different forms of partnerships — and that may include ads,” the note said.
The company also posted a preview video of the video experience, providing a brief glimpse of the TV app. The videos included in the preview video included Tucker Carlson’s interview with Vladimir Putin and footage of a SpaceX rocket lifting off. SpaceX is also owned by Musk.
Video has emerged as a key priority for X, which is led by CEO Linda Yaccarino, a veteran NBCUniversal advertising executive.
In addition to letting users upload their own videos, à la YouTube, the company also cut deals with some third parties, like a multiyear deal with Range Media Partners. That deal included a show hosted by sports personality Jim Rome, with the tech company also unveiling shows hosted by Tulsi Gabbard and Don Lemon.
Cars of the Weak
Eric: – 1997 Toyota Corolla II (JDM) $5,145
Source: Car From Japan
Car from Japan for the win this week… Searching for Toyota models from 1928 to 1999 with a max value of 5k. 96 cars showed up… Lots of weird stuff… and one cool hatch. You might be more familiar with this model as a Tercel. Sold in the US with a 2 or 4-door option without the hatch.
Daryl: 1958 Pontiac Bonneville – $15,900
Source: Facebook Marketplace
Original Colorado barn find. That’s all the ad says. Maybe it’s a scam. Maybe it’s a cool 50’s car that should come to the Scott Auto Museum.
That’s all for this week. Thanks again for your support and we’ll catch you on the next episode!
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