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New car market raining on convertibles' parade

Whether fitted with soft or hard folding lids, today's droptops are better than ever for year-round motoring. Advancements in power top mechanisms, sealing, aerodynamics, structural rigidity, rollover safety and creature comforts like heated and cooled seats mean that modern convertibles are more versatile and better to drive than ever before. Yet the segment's sales took a dive during the recession and haven't come back, Automotive News reports.
Part of that is because automakers are looking at today's more sensible buyers and simply not developing as many new models, and that lack of fresh iron is curbing sales. AN cites R.L. Polk data which notes that only about one percent of new vehicles registered in the US last year had tops that folded. Back in 2009, it was 1.4 percent, and it was 2 percent in 2006. All-in, some 151,636 convertibles were registered in 2012. That's more units more than were registered in each of the past three years, but the market has also grown as the economy has picked up speed, and as a percentage of new vehicles purchased, convertible sales are lagging.
Thus far in 2013, the Ford Mustang is America's top-selling convertible, with 6,421 units registered through the end of April, followed by its rival, the Chevrolet Camaro, at 4,751 units. The Volkswagen Beetle isn't far behind, with 4,305, but from that point, it's a steep drop off to the fourth-place Mercedes-Benz SL-Class and its 2,380 sales.

Watch these Australian Ford and Holden muscle cars duke it out

Australia's Motoring has put together a little video on two of the great performance vehicles available down under - the Holden VF Commodore HSV GTS and the Ford Falcon FPV GT R-Spec. And while both FPV and the Falcon might be on their way out, there's still plenty of time for a little head-to-head comparison between the two.
The cars aren't all that well evenly matched, though. The Ford boasts a 5.0-liter, supercharged V8, which the Aussies measure out at 449 horsepower and 420 pound-feet of torque. The HSV, though, with its Corvette-derived, 6.2-liter, supercharged V8 is just too powerful - 576 hp and 545 lb-ft of torque.
Predictably, it doesn't end too well for the Ford. As the guys from Motoring point out, the new VF Commodore is just too new and too good, with its extra power and its adaptive dampers (GM's excellent MagnaRide). Interestingly, Motoring did point out that the Holden's electric steering is better than the Ford's hydraulic steering, which is a lot like a Porsche purist saying they prefer water-cooled engines to air cooled.

Fiat boss Elkann being mentored by... Bill Ford?

Fiat Chairman John Elkann has been turning to an unusual source for advice on the car business. While speaking during an interview with The Detroit News, Elkann said he often asks Bill Ford Jr. for advice on how to proceed with the turnaround at Chrysler. "It's great to have the opportunity to share this with someone like Bill, who has experienced many things and gone through many things ... especially linked to Detroit." Elkann said.
As the Agnelli family heir, Elkann has inherited a long and fruitful friendship with the Ford family. While Giovanni Agnelli built his first Fiat four years before Henry Ford created his first vehicle, it was Ford that showed Agnelli the benefits of mass production and helped pave the way for what would become the Fiat empire.
Giovanni's grandson, Gianni, helped mentor Bill Ford when he was elected chairman of Ford Motor Company. Now, Ford is returning the favor by helping Elkann navigate the automotive industry's tumultuous waters.