This is the Peugeot 108, an all-new city car, which its makers claim will be the lightest and most efficient in its class.
Set to go on sale in July following its public unveiling at next month's Geneva motor show, the 108 will be available in two separate body styles: a conventional hatchback, available in three- and five-door versions, and a convertible with a retractable fabric roof that can be opened in stages.
Power is provided courtesy of a three-cylinder petrol engine, available in 1.0- and 1.2-litre guises. A five speed manual gearbox is offered as standard, with an automated manual option available in conjunction with the 1.0-litre model.
The 108 will not be offered with a diesel motor as they are now considered too expensive and heavy to be a cost-effective application in small city cars.
However, the 108 promises excellent fuel economy thanks to its tiny kerb weight of just 840kg. Official consumption figures have not yet been released, but CO2 emissions from as low as a road tax-dodging 88g/km suggest that the car's thirst for fuel will be small.
The styling of the new model sees Peugeot taking its city car offering further upmarket, to compete with its increasingly premium rivals such as the Volkswagen Up.
Peugeot is waiting until the 108's motor show debut before revealing its interior, but is promising that it will "feel like it comes from a much large premium car".
What has been announced is that a seven-inch touchscreen infotainment system will be fitted – a major step up from the rather basic stereo system fitted to the outgoing 107. It will provide connectivity to a wide range of smartphones, allowing operation via the touchscreen while driving.
The 108 will be offered in three trim levels: Access, Active and Allure, and following the current trend, several personalisation options will be available so owners can really make the car their own.
Prices for the new Peugeot 108 are expected to be confirmed closer to its appearance in UK showrooms in the summer.