Volkswagen nearly has completed work on the next Beetle Convertible, a project that’s taken far longer than many observers expected when the New Beetle was launched in 1998. The new ragtop, destined to be a 2003 model, will sport a fabric top with a glass rear window, all engineered by Karmann. It’s manually adjusted, but power operation will be an option. Turn signals will be incorporated into the rearview side mirrors on all Beetles for 2003. We expect three powertrains to be available when the Convertible drops its top early next year: a 115-hp, 1.8-liter four or a 150-hp turbo four, either with a manual or automatic gearbox, and later, a 180-hp Turbo S Convertible with a six-speed manual available. The Convertible will be built in Mexico alongside the rest of the Beetle lineup.