That is a Fiat 500 (pronounced chin-kwey-chento in Italian) - so named for the powerful 500cc engine (not!) under the hood. My dad had one in Italy, and drove our little family of 4 around in it quite handily. He tells a story of breaking down on the trip between Rome and Verona one day, and using my mom's pantyhose to make a tow-chain!Like Mini and VW with the Beetle, Fiat is selling a retro-new model - and since they know own a big chunk of Chrysler, we may see this model here again!If that happens, I'd be really torn between my Mini and my dad's old 500 . . . .
I can tell you this - if Fiat made a retro model that was electric, I'd have to go for it!!