Industrialist Powel Crosley, Jr., of Cincinnati, Ohio, owner of Crosley Broadcasting Corporation and the Cincinnati Reds baseball team, had ambitious plans to build a subcompact car and with the able assistance of his younger, graduate engineer brother Lewis Crosley, developed assembly plants at Richmond, Indiana, and Marion, Indiana. In May 1939, the first car was shown at the Indianapolis Speedway. It was a two-door convertible that weighed under 1,000-pound and sold for US$250. It did not achieve sales success, but in 1941 more body styles were introduced. The chassis had an 80-inch wheelbase using half-elliptic springs with beam axle in front and quarter-elliptic springs in the rear. The power came from a two-cylinder Waukesha air-cooled engine that had the fan as an integral part of the flywheel. The engine was connected with a three-speed transmission and then directly via a torque tube to the rear axle, thus eliminating the need for joints. However, this arrangement was judged unreliable, and conventional universal joints were fitted beginning in 1941. In 1941, the body styles available were expanded to include two- and four-passenger convertibles, a convertible sedan, a station wagon, a panel truck, a pickup, and two models called "Parkway Delivery" (a mini-panel with no roof over the front seat) and "Covered Wagon" (a convertible pickup truck with a removable back seat). Crosley's first metal-topped sedan (the Liberty Sedan) was introduced for 1942. During World War II, the Crosley became attractive because of gasoline rationing and the good mileage it could achieve: 50 miles per US gallon. Crosley was the last company to cease production of civilian vehicles in 1942, partly to aid Crosley sales to facilitate fuel conservation, and partly because the War Production Board needed time to determine a use for Crosley's small factories. Civilian car production resumed at the Marion facility in 1946 with the new, larger and aerodynamic CC model, designed by the firm of Sundberg & Ferar of Royal Oak, Michigan. (The Richmond facility had been sold during the war years.)
Crosley introduced several "firsts" in the American automobile industry, including the first use of the term 'Sport Utility' in 1948 (albeit on an open model based on the wagon, not a wagon on a truck chassis); first mass-market single overhead camshaft (SOHC) engine in 1946; first slab-sided postwar car, also in 1946; first all steel-bodied wagon in 1947; first American car to be fitted with 4-wheel caliper type disc brakes in the 1949 model year (Chrysler Imperial introduced four-wheel disc brakes as standard equipment on Crown Imperials at the beginning of the 1949 model year, but they were not of the caliper type); and the first American sports car, the Hotshot, in the 1949 model year. 1950 brought the Farm-O-Road model, a 63-inch wheelbase utility vehicle predictive of the John Deere Gator and other UTVs.
This very nice convertible is in very good condition throughout. It runs and drives quite well and really needs nothing but a happy new owner. Part of a large collection of important cars, this car holds its own among much more valuable cars. The cute factor of a Crosley is not to be underestimated, and this rare convertible is certainly a sure bet for increased appreciation as the years pass.