Ford has announced the 2011 Fiesta, with a six-speed PowerShift automatic transmission, has been given an EPA fuel economy rating of 29 mpg city / 40 mpg highway.

Ford has announced the 2011 Fiesta, with a six-speed PowerShift automatic transmission, has been given an EPA fuel economy rating of 29 mpg city / 40 mpg highway. Likewise, the five-speed manual Fiesta is rated at 28 mpg city / 37 mpg highway.

While Ford has been touting the 40 mpg figure for awhile, this is the first time the EPA has confirmed it. With the victory in place, the Fiesta boasts a highway fuel efficiency rating that is 5 mpg better than the Honda Fit and 4 mpg more than the Toyota Yaris.

As you may recall, the US-spec Fiesta is powered by a 1.6-liter Duratec four-cylinder engine with Twin Independent Variable Camshaft Timing (Ti-VCT). It produces 120 hp (89 kW / 122 PS) and 109 ft-lb (148 Nm) of torque.

According to Barb Samardzich, Ford's VP of Global Powertrain Engineering, "The new Fiesta is yet another car in Ford's lineup that delivers class-leading fuel economy. From Super Duty to Fusion Hybrid and the new Mustang V-6, Ford is committed to fuel economy leadership with every new vehicle it introduces in all segments."

Priced at $13,995, the 2011 Fiesta will start arriving at dealerships this summer.

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