Arkaign
Lifer
The new Focus replaces the old Focus per its class size: compact. Ford did not previously have an entry for current Fiesta which is a subcompact.
I agree, though if you've sat in a Fiesta (or a Fit, for that matter), you realize that other than the area where the hood is, the interior space is the same. The Fit and Fiesta use very small motor size and small engine compartment area to get down to 'subcompact' size.
Although the new Focus is still technically a 'compact', they're following the philosophy long seen in Europe where premium compacts are very acceptable. For a long time the US market was not ready for this. Now that it is, they're moving the Focus up (just look at those prices up there!), and sliding the Fiesta into the pricing of the outgoing entry-level Focus. Typical economy-minded folks who just want cheap reliable transportation that would have bought Focus before will get a Fiesta. People who want something a little more upmarket and with more features will go Focus now (people that might have bought VW, Mini Cooper, Mazda3s, etc) and pay the extra money.
Although the MSRP from the old Focus to the new one isn't drastically different, I don't think you'll see too many new Focuses selling for super cheap like the current ones. It also might be doubtful to see many of the cheapest models available other than to advertise the low starting MSRP.
One wtf moment though.
Rear drum brakes again? Wtf Ford 🙁 This is 2010, and you're kicking tail all over the place, but why, just why? Are discs that expensive?)