Red hot and full of black magic

This is a Ford Fiesta, one of the Red and Black Editions models. It’ll set you back just £16K. And it only has a one-litre engine. And yet it’s got more horsepower per litre than a Bugatti Veyron. That’s all you need to tell your friends about your new Fiesta, says Matt Prior in Autocar.

But it doesn’t just win you bragging rights. It’s a “real pleasure” to drive too: agile, fun and engaging, and a “good car in which to spend lots of time”.

The claim that the car is more powerful than a supercar on a per-litre basis is PR spin that sounds more impressive than it really is, says Giles Smith in The Sunday Times. But that doesn’t mean that this car isn’t impressive in its own “cleverly compressed” kind of way.

The one-litre engine has been subject to some “engineering alchemy” and cunning turbo boosting, which means it can now very efficiently do the work of far thirstier and dirtier 1.6 engines.

The acceleration won’t exactly “pin you to the back window”, but its close rivals would be hard pushed to come close to it in a traffic light dash. As hot hatches go, this one is “red hot and full of black magic”.

It’s also practical for everyday use, says Luke Madden in AutoExpress, and, if you drive carefully, you should hit 50mpg. This could be the most rounded version of Britain’s best-selling car yet.

Price: £15,995
Top speed: 125mph
0-62mph: 9.0 seconds
Engine: 999cc, turbo petrol
Power: 138bhp at 6000rpm
Torque: 155 lb ft at 2,000rpm

• Stay up to date with MoneyWeek: Follow us on TwitterFacebook and Google+

MoneyWeek magazine

Latest issue:

Magazine cover
Don't panic!

The Greek vote is a great opportunity to buy Europe

The UK's best-selling financial magazine. Take a FREE trial today.
Claim 4 FREE Issues

Paul Hodges: house prices could fall 50% in 'Great Unwinding'

Merryn Somerset Webb interviews Paul Hodges about deflation, the global economy's 'Great Unwinding', and how Britain's house prices could halve.


Which investment platform?

When it comes to buying shares and funds, there are several investment platforms and brokers to choose from. They all offer various fee structures to suit individual investing habits.
Find out which one is best for you.


30 January 1933: Adolf Hitler takes power

Adolf Hitler came to power on this day in 1933 following a political gamble that went disastrously wrong, and allowed the Nazi leader to call fresh elections.