The supermini was almost realised by Fiat in 1971 with its 127.
Almost, because this small, neat and peppy two-box fastback first appeared with a bootlid. A hatchback was optionally offered a year later, when the three-door Renault 5 was launched.
These two defined the silhouette of the supermini from 1972 until now and doubtless well beyond, despite the hatchback’s losing battle with crossovers.
The Fiat went further than the Renault with its epoch-making, because unlike the French car, its engine was arranged transversely, like a Mini’s, and its gearbox was hung off the end of the engine rather than stacked beneath it, unlike a Mini’s.
The 127 wasn’t quite first with this near-universal front-drive arrangement, but the Fiat Group was testing the layout with the group’s 1966 Autobianchi Primula, a bigger hatchback, and the smaller A112 city car.
The 127 and the Renault 5 looked chic, trendy and very now compared to the small three-box saloons of the late ’60s, and it wasn’t long before other manufacturers scrambled to produce rivals. Fiat and Renault gained a huge head start, however, Fiat particularly. It eventually sold close to five million 127s and followed this with another 8.8 million Unos, variations on this hatch surviving in South America until 2014, nine years after European sales ended.
The Uno was followed by the first-generation Punto in 1993, both these cars designed by Giorgetto Giugiaro’s ItalDesign.

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That the Grande Punto's chassis was "off the pace from day one", is questionable.Interestingly, the latest iteration of the Fiat Punto (from 2005 onwards) shared the same chassis with the Opel Corsa (obvious when looking at the side view of the two cars), a reminder of the Fiat-GM collaboration before the merger with Chrysler (FCA). Unfortunately, Fiat invested little in the model. Considering what Opel managed to do with that same chassis in the Corsa OPC, it was a real shame.I remember, however, that Alain Prost, after conducting a comparative road test, preferred the Abarth Punto (still based on the same chassis) to the Mini Cooper S (R53) because, in his opinion, the Punto was more throttle-adjustable and, when driven briskly, it was easier to perceive its limits. I don't know if that was true. I've never driven an Abarth Punto but I own (and enjoy) an R53 Mini and I think time has proven it right.