why have convertible cars fallen?
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[CNBC Video: The Rise and fall of convertible vehicles](https://youtu.be/kU4PyKmfw6s)
Brief summary of article related to convertible vehicle sales:
Stat: less than 2% of vehicle’s sold are convertibles, and that includes ones legally defined as convertible such as the Jeep Wrangler which has removable roof and doors but isn’t really a traditional convertible.
“…Reasons for the decline of convertibles include practicality, durability, cost increases, and new panoramic sunroofs and glass tops, according to experts. Automakers are also investing capital in off-road models and electric vehicles.
“The trajectory has been down and there just isn’t as strong of a consumer interest,” said Stephanie Brinley, principal automotive analyst at S&P Global Mobility. “In the transition to electric vehicles, and where do automakers put their development money, it just isn’t going to convertibles.””
“In the early days of the automotive industry, nearly all cars were open-air vehicles or convertibles. Hardtop vehicles were introduced as a premium option — a trend that has switched in modern times. For example, the 2022 Ford Mustang hardtop starts at $27,470. The convertible version starts at about $33,000.
J.D. Power reports the average cost of a convertible has risen from about $45,000 in 2011 to $70,400 in 2021. For 2022, amid supply chain problems leading to higher prices, that has ballooned to $79,200. That makes SUVs such as the Jeep Wrangler and Ford Bronco among the least expensive, most available options.”
https://www.cnbc.com/amp/2022/09/24/convertible-sales-fall-in-us-amid-popularity-of-evs-suvs.html
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