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The cute tiddler will make its European debut in July. It will arrive here in time for the Sydney Motor Show before launch early in 2008.

In July, 1957, Fiat presented the Nuova Fiat 500, which became something of a motoring icon. On July 4, 2007, exactly 50 years later, and also in Turin, Fiat will present the new Fiat 500 which will go on sale immediately.

It will conclude an important cycle of revival and renewal.

Developed by the Fiat Style Centre and manufactured in the Polish Tychy factory,the new 500 is a 3-door with compact measurements – only 3.55m long, 1.65m wide and 1.49m tall.

It is said to be an entertaining drive and powered by a choice of 1.3-litre turbo diesel and two petrol engines of 1.2-litre and 1.4-litre – all of which are available with five or six-speed mechanical gearboxes.

Fiat says the new 500 is ‘‘the most up-to-date solution for the motorist who wishes to enjoy a car in complete freedom, appreciates it for day-to-day use but also wishes to drive a car that is entertaining and practical, environmentally-friendly and accessible, as well as being appealing and full of fun.’’

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