The Fiat 500 (the 'cinquecento', or 'chin-kwe-chen-to', from the Italian word for '500') is a car produced by the Fiat company of Italy between 1957 and 1975 (the Fiat 500 K alone was produced until 1977). It was designed by Dante Giacosa. 2007 Fiat lauched a similar looking, retro-styled Car, basing on the Fiat Panda. Launched as the Nuova 500, it was marketed as a cheap and practical town car. Measuring only 2.97 m (9 ft 9 in) long, and originally powered by a tiny 479 cc two-cylinder, air-cooled engine, the 500 redefined the term 'small car' and is considered one of the first city cars.