Ford says the Fiesta ST will average 29mpg.

Ford says its Fiesta ST hot hatch, which will hit the United States market later this year, will achieve an Environmental Protection Agency-certified 29mpg.

Although Ford's estimates have yet to be signed off on by the EPA, the Dearborn-based automaker is confident the Fiesta ST will achieve 26mpg in the city and 35mpg on the highway, combining for an average of 29mpg.

The Fiesta ST, which carries a base price of $22,195, boasts 197 horsepower and 202 lb-ft of torque from its turbocharged 1.6L engine. The Fiesta ST's closest competitor in the U.S. -- the $22,000 Fiat 500 Abarth -- is rated at 28/34/31mpg city/highway/combined, but offers 37 less horsepower and two fewer doors.

Ford has not announced an official on-sale date for the U.S.-spec Fiesta ST, saying only that the pocket rocket will arrive on dealer lots sometime during the summer.