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Car subscription services: A slow, expensive start — but the potential is huge

Americans are used to paying for subscriptions — to magazines and cable television, for instance — but experience shows they'll cancel when the price of admission gets too high, or there are more tempting alternatives. Cord cutters ditched nearly 1.5 million pay-TV subscriptions in 2017, according to a survey by Leichtman Research Group. Cable TV started out cheap with basic offerings, and then got expensive. The auto industry's subscription offerings are new, but they're starting out costly, and not price-competitive with traditional leasing. The upside is that they take the hassle out of car ownership for busy people by letting the service take care of maintenance, insurance, licensing and taxes. And they give consumers choice, often allowing relatively painless switches between different cars in the automakers' lineup. Subscription services also point the way toward an ownership-free auto experience, and offer an easy transition to a potential world where ride- and car-sharing will be dominant. Subscriptions are here to stay, but consumers may take a while to "get" them. Lincoln's subscription service for lightly used 2015 to 2017 models, offered through the Ford-owned Canvas beginning this year, got off to a slow start. Many early subscribers canceled. Last month, Cadillac announced it would " temporarily pause" its $1,800-per-month Book subscription service for "adjustments" as of December 1. According to the Wall Street Journal, "Snags with the back-end technology used to support the service made some customer-service functions tedious and time-consuming, adding costs for the company." The challenge for automakers is to come up with a strategy that offers consumers a compelling, affordable option to regular ownership, and one that can also make a profit. I think they'll find that sweet spot, but they're not there yet. Jack Nerad, former executive editorial director at Kelley Blue Book and author of " The Complete Idiot's Guide to Buying or Leasing a Car," points out that "A lot of people expected that subscriptions would be very valuable for people who wanted inexpensive transportation, but the reality is quite the opposite. Subscriptions are offering more choices for the wealthy.

Volvo P1800-based gasser is UK's entry in the Hot Wheels Legends Tour

Hot Wheels has spent the past few months touring the United States in search of the next custom car it will add to its catalog of 1/64-scale diecast models. It's not stopping there: It also headed to the United Kingdom to add a bit of international flair to the competition, and it selected a Volvo P1800 that has been heavily modified into a gasser as the winner that will move on to the semifinal round. Owner Lee Johnstone explained he built his P1800 — which he nicknamed "Ain't no Saint" — starting with a bare shell that had been stripped and that was too far gone to properly restore. Volvo's 1960s four-cylinder engines are famously tunable, but Johnstone looked across the pond for an engine suitable to make his dream car a reality. He chose a 454-cubic-inch V8 sourced from the Chevrolet parts bin and supercharged to develop about 600 horsepower. Ain't no Saint reportedly runs a 10.01-second quarter mile at 133 mph. Johnstone regularly races the P1800 with his three daughters. He consequently named his team Johnstone & Daughters (JD) Racing. "This is a beautiful example of a gasser — a drag racer with street car form. Often with dragsters, the chassis is so important that the body gets overlooked, but this example is fabulous with great attention to detail," explained former Jaguar design director Ian Callum, who was one of the judges that selected the P1800 as the United Kingdom's finalist. "It completely hits the Hot Wheels brief." Hot Wheels has already released several gassers, including one based on a 1955 Chevrolet Bel Air. Time will tell if Johnstone's P1800 will become the next addition to the series. Its next stop is the global semifinal round scheduled for November 4, 2021, where it will compete against some of the previous winners. There are two semifinal rounds taking place before the grand finale planned for November 13.

Volvo PV444 turns 70

Volvo has made all manner of vehicles over the course of its long history, including coupes, convertibles, hatchbacks, sedans, wagons and SUVs. But the vehicle that started it all was the PV444.
Or rather, we should say, the PV444 is what re-started it all. Because while it wasn't Volvo's first model, it was the first one it produced after the war. Monday, September 1, will mark 70 years since the PV444 first debuted at the Royal Tennis Hall in Stockholm pictured above, where the company received 148,437 visitors.
That presentation there took place shortly before the end of World War II when the vehicle wasn't even finished yet. A team of 40 engineers and designers were still fine-tuning the final version, but were eager to show the public what it would start building after the last bullet was fired and peace would return to Europe.