The problem with this design is that a serious downdraft and consequent very low pressure area is created above the rear window and high presure air is moving along the side. So you have air moving in 2 directions and 2 differing pressures.
Can you say VORTEX? The drag created by spinning the the air dragging along 2 tornadoes is immense.
There is a slightly more efficient shape for creating drag, but not by much.
![](http://static.ed.edmunds-media.com/unversioned/img/long-term/misc/BuickDragChute-thumb-717x478-87073.jpg)