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The Fiat 500 (Italian: cinquecento, Italian pronunciation: [ˌtʃiŋkweˈtʃɛnto]) is a car produced by the Fiat company of Italy between 1957 and 1975, with limited production of the Fiat 500 K estate continuing until 1977. The car was designed by Dante Giacosa. Launched as the Nuova (new) 500 in July 1957, it was a cheap and practical town car. Measuring only 3 metres (~10 feet) long, and originally powered by an appropriately sized 479 cc two-cylinder, air-cooled engine, the 500 redefined the term "small car" and is considered one of the first city cars.
Despite its diminutive size, the 500 proved to be an enormously practical and popular vehicle throughout Europe. Besides the two-door coupé, it was also available as the "Giardiniera" station wagon; this variant featured the standard engine laid on its side, the wheelbase lengthened by 10 cm (4 in) to provide a more convenient rear seat, a full-length sunroof, and larger brakes from the Fiat 600.
Production of the 500 ended in 1975, although its replacement, the Fiat 126, was launched two years earlier. The 126 was never as popular as its predecessor in Italy, but was enormously popular in the former Eastern Bloc countries, where it is famed for its mechanical durability and high fuel economy. The Fiat 500 has a Cx (aerodynamic resistance coefficient) of 0,38, a very good performance for its time.
The penultimate model, the main change for the L is a much modernized interior (including a renewed dashboard) which brought the Fiat 500 up to date. Greater comfort and style were provided in this new model for the new generation.