The red bulb means your battery is dead, you should see if it can be recharged or if you need a new one.(they check them for free it auto part stores) Clean the battery connectors by taking them off the battery and removing corrosion from both the connector and battery. Adding distilled water to the battery uder the caps if it's not sealed.
Testimonial: "the red bulb I intended is the charging bulb which is located in the cluster"
SOURCE: 2006 fiat grande punto road/suspension & brake noise
If two different mechanics, including a fiat dealer, already put their hands on your car, there is not much that I can say.
This kind of noise are often caused by bad rotor discs or locking up brake pads, I assume that this had been previously checked and fixed .
about the steering rack problem, when the steering rack has troubles the noise is from the steering rack itself and from the front of the car, if you are sure the noise is from wheel check brakes, or, if the noise does not cohincide with braking, check the wheel bearings.
See here on common brake noises, cause and identifying them.
about "fiat would not allow any more work on this problem", that sounds a bit like rubbish, call Fiat in your country (put Fiat in google, then find support/ contact), and ask them about their policies. I do not think from description this has got to do with steering, unless you get the noise only when steering, nyou usually get also vibrations on steering wheel in this case.
If this had been useful do not forget to rate the solution appropriately.
Many thanks
SOURCE: My power steering in my fiat punto has stopped
either pump failure...eg no pressure but no leak or steering rack failure,is power steering belt tight and spinning ok???
SOURCE: fitting of a fiat punto power steering colunm
I have a power steering light coming on the dash board where do I put in the steering fluid. Also the steering keeps getting heavy
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