The story is at odds to other stories of why 'Hot Wheels' came into existance and I am not sure what he means by "wheels moulded into the body" and that they did not rotate, all Matchbox models had rotating wheels, didn't they!
It's also reported that the name Hot Wheels was coined when Elliot Handler saw a Southern California Hot Rod in the car park that belonged to designer Harry Bradley and said "Man, those are some hot wheels."
The model he was observing was the MB08 Mustang Regular Wheels. Maybe because with the steering mechanism, it did not roll fast or freely in a straight line? This model was not at all good on a track due to it's realism steering. (Which I really liked) Anyones guess. Maybe he was misquoted or confused?
Jim G.Come join us at the 2019 Gathering in New Mexico. 19-21 July 2097. email me @ matchb0x1@aol.com for information