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Abarth 695 biposto is the quickest Fiat 500: Geneva Motor Show

The Abarth 695 biposto (pictured) is the the most extreme Fiat 500 The revised Fiat 500 range for 2014 is on show at the Geneva Motor Show this week with some nice revisions to take Fiat’s iconic little 500 forward. But if you want a Fiat 500 with decent get up and go you need to look at the Abarth 500s and now – also debuting at Geneva – you’ll also have the option of the quickest Abarth to date – the new Abarth 695 biposto. The 695 biposto comes with a 1.4 litre turbocharged engine delivering 187bhp, enough for a power to weight ratio of an impressive 5.2kg/hp thanks to weight savings cutting the 695 biposto’s weight to just 997kg.

Crunch watch Dec 09: the auto industry in crisis

Welcome to CAR's news aggregator as we round up the seismic change in the auto industry. Top tip: news summaries are added from the top hour-by-hour Wednesday 30 December 2009• Saab's PR chief told AN that GM is extending the deadline for a sale to 7 January – and the Trollhattan factory will resume limited manufacturing in early January to build the new 9-5 and some 9-3 cabrios (Automotive News, subscription required)• Last night Bloomberg reported a Saab board member claiming that the 31 December deadline for a Saab sale or closure 'is not holy'. If GM receives a bid that is 'sufficiently interesting', it'll extend the deadline, said the Saab suit (Automotive News, subscription required)• GM is offering massive discounts on Pontiac and Saturn cars, as it seeks to get rid of the remaining stock from these terminated brands.

Fashion link-up creates Mii by Mango

FASHIONISTAS everywhere will only be thinking about Mii this summer, after Seat and fashion retailer Mango announced a team effort to produce a special edition city car. The Mii by Mango is just the first step in a partnership between the two Spanish giants, tweaking the surprisingly spacious little car with unique styling details and a special colour option called Nude. Dark grey alloy wheels, different side skirts and Mii by Mango badges mark the model out from its more straight-laced siblings.