Karl Abarth, later known as Carlo Abarth, was born in Austria. He created a small manufacturing empire in Italy during the 1950s building performance exhaust systems and parts for Fiats and other European makes. Carlo adopted his Scorpio birth sign as the logo for his company. He soon evolved into a car manufacturer in his own right. Fiat most often supplied the body shells or partly completed cars, which Abarth modified. The Fiat/Abarth arrangement benefited both concerns since it resulted in the many class victories that his cars captured in competition.

After years of producing stylish special-bodied Fiat-based coupes and sedans, Abarth introduced 595 and 695 as a baby rear-engine Fiat 500. Like all Abarths, the key differences are found in the mechanical upgrades that pushed its top speed to over 90-mph. The two cylinders were ‘siamesed' in special cast iron, the exhaust pipes leading up to it were polished, the valve-springs were upgraded and specially designed pistons and camshaft fitted. Further modifications were made to the original piston rods and crankshaft. The original carburetor was increased in size and an Abarth twin exhaust fitted. The lubrication system was also modified with the adoption of a special gear pump.

This car is reported as a Fiat Abarth 695. It is presented in light blue with red side stripes and Abarth badging. Dual exterior mirrors, a three-spoke steering wheel, alloy wheels and a sunroof add to this fun package.