Fiat announces price of 500L

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Fiat SpA (NYSE: FIA), an Italy-based automaker, has announced the price of its up-sized 500L model for the United States market.

The vehicle is to compete with models such as the MINI Countryman. It will be available on sale from June 2013, priced from USD19,900.

The model is to be equipped with a 160bhp 1.4 litre MultiAir Turbo engine coupled with a six-speed manual transmission at entry level. It will be available in four trim levels in the United States: Pop, Easy, Trekking and Lounge.


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