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Chrysler is set to debut its American-spec Fiat 500 at this year's Los Angeles Auto Show with the first examples being sold near the end of 2010. During the 2011 calendar year, Chrysler hopes to sell 50,000 of the Mini Cooper fighters, including the 500 Cabrio, which goes on sale sometime in 2011.

Built in Toluca, Mexico, the 500 will be sold through a network of 165 dealers across the United States, mostly in cities that have the largest small car markets. Will Chrysler be able to move 50,000 of the new Fiats? That's mildly ambitious, since the Mini brand only moves about 50,000 Coopers annually. Still, consider our fingers crossed.

[Source: Associated Press via Google]

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