This is a really handsome comeback car for Ford, with global aim. Europe already has both three- and five-door versions of the Fiesta (a nameplate that only U.S. old-timers will remember) and a sedan with a trunk is coming here in early 2010. The European Fiesta, based on the same chassis as the non-U.S. Mazda2, has a 1.6-liter four with variable cam timing under the hood.
There's a version called the ECOnetic that gets a whopping 65 mpg, but because it's a diesel we're unlikely to see it in the U.S. Cars for North America will be made in Mexico. Fuel economy for the U.S.-spec car is not yet available, but it should be very good.
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