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The Fiat 500 is a two-door, four-passenger, transverse front-engine, front wheel drive A-segment city car. 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 drive.
The 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.
[Wikipedia, 4/9/2018, https://en.wikipedia.org/wiki/Fiat_500_(2007)]