I had a yellow Colt with the 8 speed (4x2) transmission and the 1.6L engine. I bought it from a friend in Morgantown WV in 1990 and finally abandoned it in a parking lot after 180,000 miles averaging over 40mpg. As long as you didn’t mind the roar of the wind because of the lack of insulation, the insane torque steer under throttle, and getting blown into another lane every time a semi went by, it was a good car. (Not minding the snickers and finger pointing helped also).
I could get it to squeak the tires going into second too!