I just recently bought a 2016 Honda City 1.5l. Aspire Manual Transmission. I bought it 2 days back, and its 150kms driven.
I have managed up to 12.4km/l till now. This car can do more, and thats only possible if you try to keep the revs (RPM) below 3,000. Since its a 1.5l. it can easily acheive up to 12.5 km/l, or maybe more.
The reading of the fuel average on the meter is almost accurate, but the Fuel guage cannot be 100% accurate, since the car is moving. When the Fuel Guage needle is on "E" or even slightly below, the car still has about 4-5 liters of fuel in the tank. But it is not recommended to drive on reserve fuel since it can damage the Fuel Pump.
I am using it only on High-Octane, but its not compulsory to drive it on High-Octane since its designed to run on normal fuel as well. Its just that I only use High-Octane in all the cars I own.
I just love the car, the Performance difference in 1.3l. and 1.5l. is clearly visible.
Try not to race in the Running-Period/(Break-In Period). You can drive it fast, but since its new, its not recommended to accelerate hard, during the running. If you want to drive fast, drive it. But try not to rev it to the max, and don't launch it from a dead stop. And don't push it till the end for a pro-longed time period.
This City can beat a GLI 1.6l., but I think on a longer run, the GLI may take the lead since it has a larger engine displacement than the City.