There’s just one problem with these modern marvels: Drivers don’t really want them.
From 2011 to 2015, annual sales of convertibles in the U.S. dropped by 7 percent, according to data from Edmunds.com. In the same period, the U.S. auto industry at-large swelled by 37 percent. Fewer than one in 100 vehicles sold in the U.S, now comes with a foldable top.
"Look at why SUVs are so popular: the higher ride height, the safety, the utility. Convertibles are the exact opposite of all that," said Bloomberg Intelligence analyst Kevin Tynan.