12.01.2012 FIAT ANNOUNCES U.S. PRICING FOR THE 500 ABARTH

FIAT 500 ABARTH

The 500 Abarth, which for the North American markets will be built alongside the 500 and 500C at the Chrysler Group’s factory at Toluca in Mexico, comes fitted with the same 1.4-litre MultiAir-equipped turbo engine as the recently-unveiled Dodge Dart, delivering 160 hp (119 kW) and 170 lb/ft (230 Nm) of torque.

Fiat North America has announced that the 500 Abarth will start at US$22,000 (excluding a US$700 destination charge) when it arrives on sale at dealerships Stateside.

Fiat is hoping that the Abarth version can kick start flagging sales of the 500 in North America after a disastrously-managed launch of the brand. It is hoped the high-performance version can help reposition the 500 and sell it to a wider audience, after a marketing campaign which focused on a female audience predictably succeeded in pigeonholing the car.

Setting pricing at US$22,000 is pretty much in the ballpark where Fiat was expected to price the Abarth version. It does, however, leave it facing bigger and better-equipped rivals which it will have to win over with its attributes. The standard 500 starts at US$15,500, also excluding destination, taxes, title and registration fees, and its pricing has been regarded as one of the numerous stumbling blocks to its success.

Significantly, the 500 Abarth will comfortably undershoot the entry-level Mini Cooper S, which starts at US$24,300. However, it pitches itself into a price bracket where it faces bigger and perhaps more rounded alternatives. The Volkswagen GTI, which is equipped with a 2.0-litre, 200 hp TSI engine and 6-speed manual transmission (as opposed to the 500 Abarth’s 160 horsepower and 5-speed combination) starts at just under $24,000, and offers all the practical features of a larger car, a genuine boot, and comes from a more upmarket brand. Hyundai's new Veloster Turbo is another likely tug on potential buyer; pricing of the Korean car hasn't been announced yet but it will start above the 500 Abarth.

However, Chrysler Group is positive that the pricing will be competitive. “The Fiat 500 Abarth feels like a double shot of espresso straight to your veins,” believes Tim Kuniskis, the recently-appointed head of Fiat North America. “With its wicked attitude, it will reward adrenaline fans who no longer need to pay six figures to feel the rush of true Italian performance.”

The 500 Abarth, which for the North American markets will be built alongside the 500 and 500C at the Chrysler Group’s factory at Toluca in Mexico, comes fitted with the same 1.4-litre MultiAir-equipped turbo engine as the recently-unveiled Dodge Dart, delivering 160 hp (119 kW) and 170 lb/ft (230 Nm) of torque. Unlike in Europe, the 500 Abarth on this market will carry the Fiat name and will be sold through Fiat's network of showrooms. Standard equipment includes Abarth-tuned suspension, brake systems and dual exhaust, turbo-boost gauge with integrated LED shift light, and 16-inch alloy wheels. Inside, the equipment list also features Blue&Me handsfree communication, Bose premium audio system, and steering-wheel-mounted audio controls.

While the advertising campaign for the 500 and 500C, which saw Fiat hiring actress and singer Jennifer Lopez to be the face of the Italian supermini, spectacularly backfired, the company has had much more success with its first online commercial in the build-up to the North American arrival of the new 500 Abarth. Called ‘Seduction’, this 60-second digital spot racked up more than 1 million YouTube views in its first week and has now reached nearly three million hits. The Fiat 500 Abarth made its Stateside debut at last year’s Los Angeles Auto Show.

 

Support Italiaspeed

 

© 2012 Interfuture Media/Italiaspeed