Fenice Milano gives the Fiat 500C the golden touch

Times are clearly hard at luxury car modifier Fenice Milano, for its latest project is not based on one of the supercars from Ferrari, Rolls-Royce or the like.

Instead the company's latest exercise in gaudiness is the Fenice Gold Fiat 500C, a car which you can pick up in unmolested form for as little as £12,465. But the clue to the selling point of Fenice's creation is in the name – it features several precious materials, including 24 carat gold.