Set to go on sale later this year in the US for the first time in half a century, the 500 will be sold with the choice of three trim levels and will be powered by a 100bhp, 98lb ft Fiat 1.4-litre MultiAir petrol engine not yet offered in Europe. Transmission options include a six-speed manual and a five-speed manual.
The North American Fiat 500 Sport gets softer suspension, subtly revised front and rear bumper designs, a slightly larger front grille and a revised aerodynamic package including wider sills.
This model also gets 16-inch aluminium alloy wheels and, red brake calipers, a chrome exhaust tip and black shadowline window trim. Pop and Lounge trim levels will be offered, too.
Chrysler has also confirmed it will launch the 500C in North America in spring 2011.