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The Fiat 500 (codeproject Type 312) is a two-door, four-passenger, transverse front-engine, front-wheel-drive A-segment city car manufactured and marketed by the Fiat subdivision of FCA since 2007 in hatchback coupé and fixed-profile convertible body styles, over a single generation — with an intermediate facelift in Europe with model year 2016 . The 500 is internally designated as the Type 312 by FCA.
Derived from the 2004 Fiat Trepiùno 3+1 concept (designed by Roberto Giolito), the 500's styling recalls Fiat's 1957 Fiat 500, nicknamed the Bambino — a model that was designed and engineered by Dante Giacosa with more than 4 million sold over its 18-year (1957-1975) production span.Translated from concept to production design under the design direction of Frank Stephenson, the 500 features Dante Giacosa's 1964 breakthrough front-wheel drive breakthrough layout — which ultimately became an industry standard, the layout "adopted by virtually every other manufacturer in the world" for front-wheel driveThe 500 uses Fiat's Multiair hydraulically actuated variable valve timing (VVT) engine technology, winner of the 2010 International Engine of the Year as well as Popular Science's Best of What's New.Announced on May 5, 2006, photographs of the 500 were presented on March 20, 2007, officially debuting on July 4, 2007, with 250,000 people in attendance and with new models prominently displayed in 30 Italian cities.Manufactured in Tychy, Poland and Toluca, Mexico, the 500 is marketed in more than 100 countries worldwide, including North America, where the 500 marked Fiat's market return after 27 years. With the millionth Fiat 500 produced in 2012; and production reaching 2 million in 2017, after 10 years, the 500 has won more than 40 major awards, including the CAR Magazine Car of the Year (2007) and the World's Most Beautiful Automobile. In 2009, an art installation designed by architect Fabio Novembre featured 20 full-size fibreglass replicas of the Fiat 500C, shaped as planters, along Milan's famous Via Monte Napoleone.

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