A four-door hatchback version of the Fiat 500 has gotten the green light, according to Autonews.  The car is expected to hit the European market by the end of 2011, with US sales also expected, Fiat insiders told the magazine.

Look for the Fiat 500 lungo to compete with small MPVs, like the Opel Meriva and the Scion xD.  One would hope Fiat would offer engines with a bit more horsepower for the car, considering the extra weight it would likely carry with a bigger platform, more cargo space, and larger passenger cabin.

Along with this, Chrysler may be preparing a new 2013-model year subcompact sedan for North America.  That car would be built at a Fiat factory in Kragujevac, Serbia.

Chrysler and Fiat CEO Sergio Marchionne will outline their five-year plan for North America later this week.

Gallery: Fiat 500 4-door to appear in 2011 - headed for U.S.

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