FROM THE DETROIT FREE PRESS: Ford plans to launch its all-new Fiesta early this summer at about the same time that gas prices typically hit their peak.
Ford has said that it expects its Fiesta will get 40 m.p.g. on the highway and 30 m.p.g. in city driving. On Tuesday, the average price of gas in the U.S. was $2.86, or 81 cents higher than a year ago.
“Our point of view on the market over the last several years is that people will continue to migrate towards … more fuel-efficient cars,” Mark Fields, Ford’s president of the Americas, said Tuesday in Detroit at an event connected with the opening of the SAE World Congress, an automotive engineering conference. MORE»
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