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I think you broke several language rules when you said "high performance" and "yugo" in the same sentence. Those words cannot be spoken or written. It is like saying "I am not here".
Since Yugos are based on Fiats, they should be named something similar to the popular Fiat acronyms, such as Fix It Again Tony. Of course, since I am a Fiat owner, I prefer Fine Italian Automotive Transport. For Yugo, how about Young Unemployed Gokart Owner?