Fiat 500, a long-time Italian car brand, is expected to close its doors at the end of March after a 24-year run.
The automaker is set to sell its only production model, the 500e, to a German buyer, though details about what this buyer will get are yet to be confirmed.
Fiat 500 has been around since 1993, and the car was designed by renowned Italian designer Paolo Borrelli.
It has seen some changes over the years, including a new engine, and is still in use by Fiat.
But the 500 has seen more than enough time to make its mark on the automotive landscape.
The last time Fiat had a car of this quality was the 2000s, when it launched the 500.
But it’s not just the car that makes the 500 an iconic brand.
Its design language, the high quality of the components and the fact that it has been producing cars since 1993 make it the perfect candidate for a buyer.
Fiat has sold more than 20 million Fiat 500s.
However, there is no shortage of buyers for the 500, with a number of countries including the US, China, Brazil, South Korea and India looking to get their hands on the car.
Fiat’s biggest markets outside of Europe include Japan, Brazil and India, as well as other countries in Latin America and the Middle East.