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Abarth 695 Tributo Maserati: The Fiat 500 Maserati homage

The Fiat 500 pays tribute to Maserati Fiat is launching a new special edition 500 at the Geneva Motor Show – the Abarth 695 Tributo Maserati – a convertible Abarth 500. Almost three years ago Fiat produced a limited edition Abarth 500 that paid tribute to Ferrari – the Abarth 695 Tributo Ferrari – which cam with decent oomph, a bright red Ferrari paint job and an eye-watering price tag of £30k. Now Fiat feel it’s time to pay tribute to another marque in its portfolio – and relieve punters of a further slice of hard-earned – with the Abarth 695 Tributo Maserati – this time a soft-top – arriving at the Geneva Motor Show next month.

GM agrees to sell Saab to supercar company Koenigsegg

General Motors confirmed Tuesday morning that it has a tentative agreement to sell Saab to a group led by Swedish supercar maker Koenigsegg Automotive. The deal would close by the end of the third quarter and put Saab in the hands of an upstart, boutique car company known for producing eye-catching cars with gaudy horsepower ratings and even gaudier price tags. The agreement includes $600 million in financing from the European Investment Bank.

Fiat future products: Look for more 500s

Next year two Fiat 500 models are scheduled to join the 500 and 500C convertible, which already are on sale as 2012 models. Cars arriving next year will be a sporty Abarth version and an electric. A fifth car will join the lineup in 2013: a four-door, five-seat, high-roof subcompact.