Fiat has just produced its one-millionth 500 city car.

Fiat achieved a major milestone on Monday by producing its one-millionth 500 city car. The milestone-setting car was built at Fiat's plant in Poland.

It has taken Fiat just over five years to produce one-million examples of its latest 500 city car. Production of the new 500 officially kicked off on July 4, 2007, with production at Fiat's Mexico plant commencing in 2011.

The one-millionth 500 was a Lounge model finished in Funk White.

The Fiat 500 is sold in more than 100 countries, including the United States. Although the 500 got off to a slow start in U.S, sales have shot up nearly 130 percent during the first 10 months of 2012 to 36,462 units. Sales of the 500 should continue to growth with the impending market launches of the 500 Abarth convertible and pure electric 500e.

Despite the milestone, the new version of the 500 has a long way to go to catch up with the original 500, which was produced between 1957 and 1975. During its 18-year production run the original 500 racked up 3.4 million sales, although it took the car four years to accumulate 180,000 registrations.