UPDATES: Fiat Abarth Punto, Abarth Avventura launched in India at Rs 9.95 lakh; all you need to know

Finally, the long wait for the hot hatch Abarth Punto from Italian auto major Fiat is over. The Abarth Punto 145bhp launched in India on Monday, 19 October along with the Abarth Avventura crossover. Fiat has priced both its powerful offerings at 9.95 lakh( Ex-showroom Delhi).

UPDATES

13.10 PM: Fiat Abarth Punto, Abarth Avventura launch event concludes.

12.50 PM: Fiat announces both Abarth Punto and Abarth Avventura prices. Both are priced at Rs 9.95 lakh (ex-showroom Delhi).

12.43 PM: Fiat Abarth Punto on the centre stage.

12.42 PM: Fiat launches its much-awaited hot hatch Abarth Punto in India.

12.32 PM: Kevin Flynn talks about the Abarth Punto 145bhp hot hatch.

Fiat Abarth Punto to get safety features such as ABS (Anti-Lock Braking System) with EBD (Electronic Brake Force Distribution), twin airbags and 3-point ELR seatbelt.

Abarth Punto will be 'made in India' at the company's Ranhangaon facility.

12.26 PM: Kevin Flynn, MD & President, Fiat India takes the stage.

12.25 PM: Fiat to announce the price of its hot hatch Abarth Punto shortly.

12.14 PM: Fiat Abarth Avventura powered by the same 1.4L T-Jet petrol developing 140PS and 212Nm of torque is expected to return a fuel efficiency of 17.1kmpl.

12.03 PM: Fiat Abarth Punto launch event will kick-start in New Delhi in a few minutes from now.

Fiat Abarth Punto will be available in two colour choicesL Hip Hop black and Pearl White.

Fiat Abarth Punto, the powerful version of Punto Evo, comes plonked with 1.4-litre T-JET turbocharged petrol engine that dishes out 145bhp power at 6,000rpm and 200Nm torque at 1,750rpm.

The hot hatch is expected to deliver a fuel efficiency of 16.3kmpl and features upholstery with contrast stitching in red and yellow, Scorpion decals on roof, 16-inch alloys and sportier steel pedals. The Abarth Punto can accelerate from 0 to 100kmph in eight seconds and will come coupled to a five-speed gearbox.

Fiat's Abarth Avventura is also be powered by the same engine and is expected to get the same exterior and interior styling changes on the Abarth Punto.

Although we have not heard so far about the bookings of Abarth Avventura, the dealers of Fiat have commenced the bookings for the hot hatch Abarth Punto with a down payment of Rs 50,000. As for pricing, both Abarth Punto and Abarth Avventura are expected to carry a price tag of around Rs 10 lakh.