Ford have today shown the new Fiesta which will hit the market in a month or two. The prices of the new Fiesta were not revealed but engine specs were. There is a 1.6 litre petrol engine which is capable of putting out 120 horses and also a diesel engine of equivalent cubic capacity that puts out 90 horses. Ford is very keen on taking the fight to the opposition and has been buoyed by the recent success of the Figo. Ford has increased the prices of the Figo by one percent and has joined the band wagon of increased prices. The segment that the new Fiesta operates in has some very formidable opposition in the form of the evergreen Honda City, the Volkswagen Vento and the Maruti Suzuki SX4.Ford has reiterated today that there will be a total of eight new models launched in India by 2015. That promises exciting times.