Updated 3 pm: Ford Australia has revealed details of Australia's most fuel efficient car, the Ford Fiesta Econetic.
Using just 3.7 litres of fuel per 100km, and producing 98 grams of CO2 emissions per kilometre, the Fiesta takes the title from the Prius and Mini Cooper D.
Pricing is $24,990 drive away and the Fiesta comes with a 5-star ANCAP safety rating.
Ford Australia President and CEO Marin Burela told CarAdvice the development of the Fiesta Econetic, which has been on sale in Europe for some time, was heavily supported by Ford Australia. The eco-friendly Fiesta has so far sold to over 60,000 buyers in Europe, despite having an initial target of around 2-3,000.
Australia's most fuel efficient car is expected to go on sale in December and Ford Australia believes its priced just right to appeal to young and young-at-heart buyers alike.
Mr Burela said Ford's own testing has shown to car to use around 3.2-litres per 100km on a normal urban cycle. According to Ford's research the new third generation Prius is indeed more fuel economical in city traffic, however given the massive price gap between the two cars, Ford has worked out that it will take 115 years (based on September fuel prices) to make up the cost of the additional fuel the Fiesta uses over the Prius during city driving.
The diesel powered Fiesta makes use of a 1.6-litre 66kW engine with 200Nm of torque. Fuel saving technologies used include low resistance tyres (tyre size: 175/65 R14), uniquely tuned transmission, lowered suspension for better aerodynamics, low friction oils and weight reduction everywhere possible.
In regards to the transmission, the Fiesta Econetic is only available with a five-speed manual with no current plans for an automatic. The Fiesta weighs 1088kg (kerb weight).
You can see the full technical specification document: Ford-Fiesta-Technical Specifications