Fiat is set to introduce the new Fiat 500 which is aimed at budget and fashion conscious city dwellers on July 4th, to mark the 50th anniversary of the original Nuova Fiat 500 in 1957. The new car will conclude an equally important cycle of revival for Fiat Automobiles SpA.

The new Fiat 500 which developed by the Fiat Style Centre is a 3-door model that measures at 355 cm long, 165 cm wide, 149 cm tall and has a wheelbase of 230 cm. Besides, this Fiat 500 comes with 3 engine options including a 75 bhp 1.3 16-valve Multijet turbodiesel unit and two petrol engines which are 69 bhp 1.2 8-valve and the 100 bhp 1.4 16-valve, all of them are available with five or six speed mechanical gearboxes.

The new Fiat 500 creates the most up-to-date solution for most car enthusiasts with its most powerful engine that belches out 100 horses. In addition, Fiat will have various styling options that will allow the 500 to be truly personalized, giving you more options than BMW’s Mini Cooper. The new Fiat 500 is similar to the 2004 Trepiuno on the outside, but inside is considerably different. You can see the “damn cool” and clean design inside the car.

The new Fiat 500 is a symbol of Italian styling excellence, a state-of-the-art solution for people who enjoy their cars in total freedom. No words on its price yet but perhaps more cheaper than BMW’s Mini Cooper.