The 695 Tributo Ferrari is being offered in limited numbers as a Ferrari-inspired version of the Fiat 500. So is it either a dreadful dilution of the brand or the coolest Fiat ever? It may be both.

Ferrari and Fiat's performance division Abarth have partnered together for a surprise Frankfurt Motor Show unveiling — a limited edition Fiat 500 they'll call the 695 Tributo Ferrari. So, um, when did Ferrari become Fiat's new tuning shop?