This image was lost some time after publication.

Fiat's apparently working up a hotter version of its Giugiaro-designed Punto. According to Carscoop, this slick-black hatchback is a prototype of the 2007 Grande Punto, sporting Fiat's spanky new 1.4 turbo four, a corporate powerplant of the Fiat Group that'll find its way into the Alfa Romeo 147. No word on performance specs yet, but we'd imagine driving dynamics in the range of "perky," though if rumors pan out, this little Fiat may just have quite a lot of "pep."

Scooped: Fiat Grande Punto 1.4 Turbo 120 Hp & 150 Hp [Carscoop]

Spy Photos: Fiat Punto Sedan [internal]