Abarth 124 vs MG Im5

What's the difference?

The Abarth 124 Spider is a flawed but dramatic little car that should put a smile and a big, fat Italian moustache on any weekend warrior’s face.

As long as you don’t expect it to do much more than that in terms of its daily driving ability, it hits the nail on the head as a spicy alternative to the well-rounded MX-5 formula.

Whether it hails from Hiroshima or not is irrelevant. Its ancestors would be proud.

Now, if only all of them had this Monza Edition’s glorious exhaust…

The MG IM5 Performance is fast, comfortable, quiet and super refined. Putting some minor spec and active safety niggles to one side, it offers the features, tech and price to match it with its well-credentialled and already popular mid-size EV sedan competitors. Is there room for one more? We think there should be.

I love the way the 124 looks. The more you pore over its small frame, the more you discover how different it is to its MX-5 counterpart.

It’s angrier. It’s more beautiful, and it’s definitely more Italian.

References to the original have been tastefully applied without transforming it into bloated caricature. These include the dual indents on the hood, the rounded-out light clusters, and the squared-off rear.

From there it goes beyond the original 124 and seems to take influence from contemporary Italian designs. I would argue there’s more than a little modern Maserati in this car’s tough wheelarches, scoopy mouth, rear light fittings and alloy wheel design.

The quad-exhaust pipes (actually just two tailpipes with four apertures) is arguably overkill, but adds a bit of extra aggression to this car’s rear. I’m not a fan of the oversized Abarth badgework on this car’s nose and rear. It removes a bit of subtelty from the equation, and the one on the bootlid is entirely unnecessary.

I’d also argue our test Monza Edition car looks best with its white paint and red highlights throughout. It’s also available in red and black.

The inside breaks the illusion a little. I’d argue not enough has been done to differentiate the 124 from its MX-5 roots here. It’s all Mazda switchgear.

There’s nothing wrong with that switchgear, of course. It’s well built and ergonomic, but I’d love to have something different to mix it up here. A Fiat 500 steering wheel… some switches that look cool but barely function properly… Just a little more of the Italian personality that’s so well expressed on the outside…

The seats are unique to the Abarth and are lovely, and the red highlights carry through them onto the dash and wheel stitching. The Monza edition has the official logo of the famed Italian circuit between the seats, with the build-number etched on it.

Playing spot the straight line on the outside of the MG IM5 is like an automotive design version of Where’s Wally? There aren’t many, in the midst of an unrelentingly curvaceous exterior treatment.

At close to five metres long and two metres wide the IM5 is appreciably longer (+211mm), a little wider (+27mm) and a bit taller (+33mm) than a Tesla Model 3. Think BMW 5 Series in terms of overall size.

And the soft-form shape is functional; the swoopy liftback boasting an ultra-slick 0.24 drag coefficient.

That said, I’m not convinced by the ‘Periscopic’ cameras informing the driver assistance systems from the front guards. They scream tacked-on afterthought. But a touch-only initial opening function for the flush door handles is cool and makes life easier.

The curves continue inside with soft-padded surfaces around the dash and doors, but the straight edge obviously came out for the 10.5-inch central media screen and vast 26.3-inch upper display. There are next to no buttons; even exterior mirror adjustment is directed from the screen to a multi-function steering wheel control.

System software (powered by a Qualcomm ‘Snapdragon’ chip) is lightning fast with a two-finger up and down swipe shortcut function on the central screen for ventilation and other functions.

The interior is light and bright thanks to the enormous panoramic sunroof. It’s been fine in cooler winter conditions during this test but it could be interesting to revisit in the heat of an Aussie summer

There are two interior colour schemes available - the ‘Highland Grey’ of our test car or ‘Dover Beige’ for those brave enough to live life with the threat of scuff marks on your shiny new car’s glamorous but vulnerably light interior.

When it comes down to a practicality score, it’s only fair to compare a car like this to its direct competitors. A sports car like this is never going to take on a hatch or SUV in the practicality stakes.

Even so, and just like the MX-5, the Abarth 124 is tight on the inside. I fit inside it perfectly, but there are problems.

Legroom is super tight for me at 182cm tall. I had to adjust to having my clutch foot at an angle, otherwise I’d smack my knee on the bottom of the steering wheel, a problem that also makes this car tough to clamber into. The handbrake takes up a massive amount of room in the limited centre-console space, and as to storage in the cabin? You may as well forget it.

There’s a tiny flip-up binnacle in the centre, shallow enough maybe for a phone and nothing else, a slot under the air-conditioning controls seemingly designed expressly for phones, and two floating cupholders between the seats.

There’s no storage in the doors, nor is there a glovebox. You do get a rather large storage area behind the cupholders, accessible through a hatch opening, but it’s a little awkward to use.

Once you’re in, though, this car fits like a glove in terms of ergonomics. The wheel is nice and low, the seats are surprisingly supportive and your elbow rests nicely on the centre, leading your hand to the excellent short-action shifter. Headroom is tight no matter which way you cut it, but it’s such a small car you hardly expect more.

How about the boot? It’s better than you might hope, but with just 130 litres on offer it’s still no more than a weekender. It’s also less than the Toyota 86/BRZ (223L) which also have back seats, always handy no matter how small they are.

There’s no spare to be found. The 124 has a repair kit only.

There’s plenty of breathing room up front and in terms of storage one of the first things worth calling out are the long but relatively narrow door bins. No good for anything above unusually slender bottles, even if they’re lying down.

No conventional glove box in the dash, but there is a large lidded box (cooled and heated) between the seats that doubles as a centre armrest. It’s supplemented by a big stowage area underneath the flying buttress style centre console.  

There are two cupholders in the centre console as well as a wireless device charging pad in front of them with a vaguely phone-shaped oddments bin alongside it.  

Move to the rear and the IM5’s 75mm wheelbase advantage over the Tesla Model 3 is clear. Heaps of knee and headroom for me at 183cm sitting behind the driver’s seat set to my position. 

But… the seat sits low which pushes your knees up into the air to the point where my thighs are not contacting the seat cushion. Even though the rear seat reclines to a certain degree it’s a problem compounded by a chronic lack of room for your toes under the front seat. Awkward.

There are map pockets in the front seatbacks, modest bins in the doors and a fold-down centre armrest with two cupholders. Adjustable ventilation in the rear of the front centre console always makes life in the rear seat more pleasant.

The car also houses ‘Strong Magnets’ at various points around the cabin and boot, with a configurable adapter able to lock a phone or tablet into place for the entertainment of, in our case, back seaters. 

Speaking of devices for entertainment, there are two USB-C sockets and a 12-volt outlet in the front and another USB-C and 12V in the back, so charging isn’t an issue. 

The IM5 is a liftback so the boot aperture is generous and a capacity of 457 litres with the rear seats up is decent for a car of this size, although that’s less than the Tesla Model 3 (594L) which has an additional well under the floor. 

Still, enough room for the largest (124L) and smallest (36L) suitcases from the CarsGuide three-piece luggage set with some room to spare.

The power tailgate can be operated hands-free via the key or an always welcome under bumper kick function.

Volume expands to 1290 litres with the rear seats folded and there’s a modest 18-litre ‘frunk’ under the bonnet.

The bad news is a repair-inflator kit rather than a physical spare wheel, but the better news is the IM5 Performance can tow a 1500kg braked trailer (750kg unbraked).

The IM range also features the ‘MG iSmart’ app allowing remote control of various functions including charging, checking vehicle location and route planning. 

At $80,990, drive-away, the IM5 Performance sits at the top of a three-grade line-up that starts with a 75kWh RWD Premium model at $60,990, followed by a mid-spec 100kWh RWD Platinum for $69,990, both drive-away.

Its most prominent competitor is arguably the Tesla Model 3 Dual Motor AWD ($80,900), with others including the BYD Seal Performance AWD ($68,798), Hyundai Ioniq 6 AWD Epiq ($86,500) and Polestar 2 Long Range Dual Motor Performance ($80,380).

Worth noting, too, the IM6 range - essentially the same car with a taller SUV body - has the same model walk-up and identical pricing.

Once you’ve crossed the $80K threshold it’s fair to expect a decent basket of standard fruit and aside from the dynamic and safety features we’ll get to shortly, the IM5 Performance comes to the party.

Highlights include a double-glazed panoramic roof, power-adjustable (12-way driver, six-way passenger) heated and ventilated front seats (also heated in the rear), dual-zone climate control, 20-speaker audio (with digital radio), 256 colour ambient lighting, a power tailgate (with hands-free function) and 20-inch alloy rims.

There’s also adaptive cruise control, a heated steering wheel, wireless Android Auto and Apple CarPlay, LED headlights, keyless entry and start, wireless device charging (50W), a 10.5-inch central control screen and a sweeping 26.3-inch upper screen; the right side for instrumentation and car data, the (touch-sensitive) left side for multimedia and other onboard functions.

There’s more and it’s clear this car at least matches or betters its direct competitors for included equipment.

Unlike the MX-5 and 86/BRZ combo, which offer a choice of naturally aspirated engines, the 124 carves its own path by dropping Fiat’s 1.4-litre ‘MultiAir’ turbo four-cylinder under the hood.

The word ‘turbo’ should rightly prick your ears in a car this size, but this this is hardly a high-performance unit when compared to its non-turbo counterparts.

Outputs are set at 125kW/250Nm. That power figure might seem a little low when compared to the new 2.0-litre MX-5 (135kW/205Nm) and 86 (152kW/212Nm), but the extra torque is welcome. It comes at a cost,  which we’ll explore in the driving section of this review.

The MG IM5 Performance is powered by an electric motor on each axle - the rear (372kW/500Nm) more powerful than the front (200kW/300Nm), for overall outputs of 572kW (that’s close to 770hp) and 802Nm of pulling power.

The official term for that amount of grunt is… a lot. And we’ll get to what it means on the road in the Driving section shortly.

The 124 has a bold-souning official combined fuel consumption figure of 6.4L/100km, which I overshot by quite a margin. At the end of my week, (involving truly mixed freeway/city driving) I landed on 8.5L/100km, which was exactly on this car’s ‘urban’ estimate, so take that as a realistic figure.

It’s also less than I’d expect to consume in an 86 and perhaps also the MX-5, so all-in-all it's not too bad.

The turbo Fiat engine requires a minimum of mid-grade 95 RON unleaded to fill a 45-litre tank.

The MG IM5 Performance features an 800-volt electrical architecture which means the 100kWh NCM battery can accept a DC peak charge of close to 400kW.

Only snag is the highest you’ll currently find in Australia is 350kW. But even at that rate you’ll still be looking at a 30-80 per cent charge in just over 15 minutes. Maximum AC charge rate is 11kW.

Claimed range is 575km (WLTP) which is less than the Tesla Model 3 Dual Motor AWD at 629km.

Over a week of city, suburban and some freeway running we saw average energy use of 20.6kWh/100km which is on the high side for an EV of this size but maybe not for one with this kind of performance potential. 

I drove the 124 up NSW’s Old Pacific Highway from Hornsby to Gosford at dusk on a Saturday. Talk about the right car in the right place at the  right time.

It was absolutely in its element, darting around tight hairpins, then blasting up straights, giving the short shifter a thorough workout. That new exhaust added 150 per cent to the theatre of it as each aggressive down-shift was accompanied by crackling, spitting and barking.

It’s an absolute joy, a proper nod to how cars used to be in the good old days of a ‘Sunday drive’, and thus a proper nod to the 124’s history.

And, of course, it has flaws. Many of them fall into the subjective category on a car like this, however.

Take the engine, for example. I’ve heard endless criticisms of it as laggy and annoying. And it is. Catch the wrong gear and get the revs too low and no matter how hard you stomp that go pedal, you will be stuck fighting a mountain of lag. Seriously. Several seconds of it.

Even trying to ascend my steep driveway had me concerned it was simply going to stall out in first gear.

It’s a bit strange, but then when you’re on the open road it’s worth relishing the challenge that it offers. Grab the wrong gear and this car will let you know how foolish you are. And yet, when you get it right it offers a surge of excitement in the straights that’s arguably far more dramatic than either the MX-5 or 86 can muster.

Another annoyance is the speedometer. It’s tiny and counts 30km/h increments all the way up to 270km/h. How fast was I going, officer? No idea. I have about two inches to tell whether I’m going between 30 and 90, so it’s anyone’s guess.

An obvious benefit of the MX-5 chassis is its go-kart handling, and it seems as though the excellent, fast and direct steering hasn’t been messed with, either. Sure, the suspension is a little crashy, and the convertible chassis a tad rattly, but it’s all part of being that much closer to the road. It would be tough to ask to find a better transmission with its fast, short action and sensible ratios.

Ultimately, the 124 is just plain (literally) old-fashioned weekend fun, offering a challenging but rewarding drive.

First things first, the IM5 Performance is supercar fast. This 2.3-tonne five-seater blazes from 0-100km/h 3.2 seconds and with its dual motors combining to produce 572kW/802Nm, eye-widening performance always resides underneath your right foot.

But it’s not all about straight line speed. Ride comfort is excellent. Underpinned by an all-new platform, the IM5’s suspension is by double wishbones at the front and multi-links at the rear. But the key to its bump and rut smoothing ability is air suspension and ‘continuous control’ active damping.

Fold in double-glazing on the full-length glass roof and side windows, as well as active noise cancellation and you have a serene interior environment at any speed. Also worth noting the front seats are great; as grippy as they are comfortable.

Not only that, despite its relative heft, this mid-sizer steers well, too. Not the last word in road feel but it points accurately and the standard rear steering helps with prompt (but never jerky) cornering turn-in. Flick to ‘Sport’ mode and the IM5 is up for some enthusiastic running.

The rear wheels can turn up to 12 degrees in the opposite direction to the fronts at slow speed, which makes for a usefully tight 10-metre turning circle. But above that, at lesser angles, it adds extra stability and decisiveness in the way the car steers through even tight, twisty sections.

Rubber is top-shelf Pirelli P Zeros on 20-inch alloys (245/40 fr - 275/35 rr) and it grips hard, especially in the wet weather over much of the test period. Braking is solid, as it needs to be, with ventilated discs all around and four-piston callipers at the front. 

No adjustable regen braking but you can feel the ‘Cooperative Regenerative Brake System’ (CRBS) doing its thing when you lift off the accelerator. 

The physical rear view is modest thanks to the slope of the back window reducing its functional area for the driver to that of a 1950s VW Beetle. Even the interior rear-view mirror is tiny and folds up into a recess in the headliner if you’d prefer life without it.

But that’s where a rear camera view popping up on the upper screen display (accessed via the right-hand steering wheel click control) comes in handy. Side camera views are also available as is a 360-degree overhead view, which makes parking straightforward.

If you need more parking help there are various self-parking modes including a nifty ‘Curbside’ function that will realign the car hands-free if you’re parallel parked too far out from the kerb.

In a similar vein, a ‘Rainy Night’ mode projects left and right rear views onto the main screen using AI to enhance clarity and highlight pedestrians and cars.

Overall the ADAS (Advanced Driver Assistance Systems) are relatively unobtrusive but we found ourselves switching off the incessant overspeed chime that sounds for 10 seconds if you creep over the indicated speed limit, even when the system has misfired on the correct speed. For example, 40km/h school zones on a Sunday.

The over-zealous driver distraction warning also occasionally issued a visual and audible slap on the wrist when I was looking straight ahead. Tellingly, there’s a specific quick screen for turning both these functions off, but it kinda defeats the purpose of having them in the first place.

We also found the adaptive cruise control to be hesitant in multi-lane environments, reducing speed occasionally because the system seemingly believed a car was set to merge, when it wasn’t.

No independent ANCAP safety assessment at this point but there’s a full suite of active safety tech onboard including AEB, lane departure warning, blind spot detection, rear cross-traffic alert & braking, forward collision warning, lane-change assist, tyre pressure monitoring and heaps more. And we touch on how it all operates in the Driving section above.

There are no less than nine HD cameras, 12 ultrasonic sensors and three millimetre-wave radars on duty.

If a crash is unavoidable there are seven airbags including full-length side curtains and a front centre bag. Multi-collision brake also minimises the chances of subsequent impacts after an initial crash. There are also three top tether points and three ISOFIX child seats anchors across the second row.

All right on the pace for this part of the market and the IM5’s competitive set.

It’s a shame that the 124 is only offered from Abarth with a three-year 150,000km warranty. Its counterpart MX-5 is now offered with a five-year unlimited promise, and Fiat could really do with a bit of positive warranty coverage right now.

You’ll need to service the 124 once a year or every 15,000km. Capped price servicing? Ha. No such thing over at Abarth, apparently. You’re on your own.

The MG IM5 Performance is covered by a seven-year/unlimited km warranty, which is a plus, but the catch is it’s conditional on authorised dealer servicing. Go elsewhere and the term drops to a more common five years/unlimited km. The drive battery is covered for eight years/160,000km, which is the norm in the Aussie market

Servicing is required every 12 months or 20,000km with charges averaging $586 per workshop visit for the first five years, which is on the high side for an EV, even at this price point, the average bumped up by a more than $1400 doozy at year four.

MG IM models are sold (with service available) through all of MG’s 100-plus dealerships across the country, so no concerns there.