Strange car indeed. But all the info provided by jrpola are correct.
Moretti exploited the Fiat 500 chassis (the Fiat standard Giardiniera still had to come) to build its own estate version. To have more room for the luggage, they moved the original engine in the front, turning it by 180 degrees. As a prototype (this one in the picture) they also made one fitted by a 500 cc boxer engine of their own design.
I agree with SACO that the year is 1959, however; Turin Motor Show, to be precise.