I have the brochure of the fiat palio and 1.6 stile in my hands right now. (I have collected all from HM ambassador and contessa to Honda civic

)
old palio New Palio
Length 3763 3827
weight 1o80 1060
now much other details on paper. Its the same power and torque figures at the same RPM but the weight as we can see is 20kgs lighter. They probably saved the weight in the redesigned bonnet, grille and bumpers. Also absent is the spoiler. hence the doors still close with the old satisfying thud.
the good news is the new stile 1.6 doesnt loose out on goodies such as
14" alloys + tubeless tyres and metallic pedals with 4th footrest
@GeekSrik: Cargo Motors (they have ford, tata and fiat dealerships) is offering the palio 1.6 stile sport ex-showroom for 4.80. On offer is the free insurance and an extended warranty. So basically I would guess one can get it for 4.49.