THE ROADSTERS ARE BACK

HOPING TO TURN DOLLARS AS WELL AS HEADS, EUROPEAN CARMAKERS REVIVE THE TWO-SEATER

Mr. Mitty, your car is ready. It's got wire wheels, a sloping hood, wooden steering wheel, oversize head lamps, oval gauges, a high-rise back end and low-slung seats--just two of them.

The roadster is back. After years of declining sales, and against the Boomer vanguard of minivans and sport utilities, automakers such as Jaguar and Porsche have rediscovered and updated a vintage class of sports cars that have virtually no reason for being except the sheer wind-in-your-face joy of motoring.

Some bifocaled Americans remember the days when passing MGs, Alfas and Spyders--the then fashion models on cardom's runways--winked their lights at...

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