Standard equipment includes 16-inch alloy wheels, seven-inch touchscreen, rear parking sensors and ventilated brake discs with red calipers.
It's designed to bridge the gap between the top end of the standard Fiat 500 range, the $25,000 1.4-litre Lounge cabrio, and the current Abarth starter, the $34,000 1.4-litre 595 Turismo.
The Turismo's T-Jet engine produces 118kW/230Nm, as it does in the 500 EsseEsse ($34,900) and the 595 Competizione ($37,000).
Abarth is heavily involved in racing in Europe, with its own sponsored series, Italian and international championships.
Atop the present Abarth lineup, with just a few $65,000 examples remaining unsold, is the 695 Biposto, with 140kW and race grade hardware. At the end of 2016, a 134kW high performance model is due.
Fiat Chrysler Australia is also deciding on where to position the 124 Spider, Fiat's iteration of the Mazda MX-5, also due at the end of the year. The Fiat-badged model shares its engine with the Abarth 500 but is rear-drive and has six-speed manual or automatic transmissions.
Abarth also has its scorpion badge on the 124 — a limited edition 127kW Abarth 124 Spider premiered at the Geneva motor show. Abarth Racing Team showed an even tastier 124 rally prototype, with a 223kW 1.8-litre engine.
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