100-hp U.S.-Spec 2011 Mazda2 Priced at $14,730

Kirill Ougarov
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When Mazda first showed its Mazda2 hatchback late last year, the automaker had yet to finalize the engine's output, nevermind its fuel economy and price. Now, several months later at the 2010 New York Auto Show, Mazda has revealed that the U.S. model's engine will come with 100 horsepower and 98 pound-feet of torque on tap, with the car starting at $14,730 (including destination) when it goes on sale in July.

The entry price gets you a respectably equipped, 2300-pound Mazda2 Sport with a five-speed manual, standard air conditioning, anti-lock brakes, traction and stability control, four-speaker stereo with an aux-in jack, and power mirrors, windows, and door locks. Can't or don't want to select your own gears? For $800 extra, you can opt for the slightly heavier four-speed auto.

Those that find the Sport a bit too basic can spring for the loaded-up Mazda2 Touring, which starts at $16,185 -- a $1455 premium over the Sport. Opting for the Touring adds alloy wheels, fog lamps, a rear roof spoiler, chrome exhaust tip, leather-wrapped steering wheel with audio and cruise controls, trip computer, six-speaker stereo system, and upgraded cloth seats with red accents.

Regardless of which trim you opt for, you'll get great fuel economy to the tune of 28 mpg city and 35 mpg highway with the manual and only a slight drop to 34 mpg highway with the automatic. With the impending arrival of the 2 and its close cousin, the Ford Fiesta, the subcompact segment is certainly about to starting to heating up.

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