Fiat has announced pricing on the new 2012 500 Abarth hatchback, which goes on sale later this year. Prices for the 2012 Fiat 500 Abarth start at $22,000 (not including destination).

“The Fiat 500 Abarth feels like a double shot of espresso straight to your veins,” said Tim Kuniskis, Head of FIAT Brand for North America, Chrysler Group LLC. “With its wicked attitude, it will reward adrenaline fans who no longer need to pay six figures to feel the rush of true Italian performance.”

Power for the 2012 Fiat 500 Abarth comes from 1.4 liter MultiAir Turbo engine making 160-hp with a maximum torque of 170 lb-ft. The 500 Abarth also features Abarth-tuned suspension, brake systems and dual exhaust, turbo-boost gauge with integrated LED shift light and 16-inch aluminum wheels.

The 2012 Fiat 500 Abarth comes standard with BLUE&ME Handsfree Communication, Bose premium audio system and steering-wheel-mounted audio controls.

- By: Omar Rana