In message , Archibald Tarquin Blenkinsopp writes
'Pot-down' is shorthand jargon for 'reducing the voltage by means of a potential divider'.
If the radio is capacitor-tuned, there is invariably a certain amount of residual stray capacitance when the vanes are at minimum. This will 'pot-down' the voltage coming another capacitive source - ie the signal voltage being delivered from the aerial and screened high-impedance coaxial lead. To allow for differing lengths of lead, old radios invariably needed a user tweakable trimmer which was used to peak up the signal at the HF end - and, depending on how good the tracking was, this held reasonably good across the whole of the tuning range. As I said, I believe that with inductor tuning, there is less of the inevitable capacitive 'pot-down' effect - which makes the radio a bit more sensitive - but don't take my word for it!
However, I also guess that as the variable tuning capacitor for typical MW and LW radio was a physically large 500pF. As most car radios had an RF stage, this would have required it to be 3-gang - so inductive would require a lot less space, and cost a lot less. [Somewhere, I've got an old LW/MW car radio, and I'm sure it has three tuning slugs (like pistons, driven by a rotating cam.]