The Ford Fiesta RS has been canceled before – back in 2005 – and yet the rambunctious little hatchback lived to tell the story. Rumor has it that the hottest Fiesta has been canceled again, but these being changed times (and coming on the heels of news that the factory-tuned Fiesta ST has been canceled) it will be much more difficult for the even hotter RS to play the resurrection game.
If this news is true, the reasons for the RS being canned are the same as it was the time: meager profit potential. The Fiesta ST reportedly has a chance of being revived in 2012, but until then, it's apparently standard models for everyone.
[Source: EVO Magazine via 4 Wheels News]