We're calling it the Peugeot 208, but some have suggested that the company make break tradition and call it a name without numbers, similar to the RCZ. Moving a little away from the quirky French car characteristics, the 208 will make use of a smaller grille like the 508 instead of that gigantic grille found on the 207.
One can also easily notice the LED daytime driving stripe on the front lights and the extremely short rear overhang.
Powertrains are still unconfirmed but we suspect that it will come with a wide-range of petrol and diesel engines and transmission options. A three-cylinder petrol engine is expected to start the range and it will top out with a four-cylinder petrol with 200hp (150kW) for the 208 GTi.
Peugeot is likely to employ fuel-saving technologies like a start-stop system plus use of lighter-weight materials. No doubt the new Peugeot 208 will be available in the traditional three and five-door hatch versions with a CC version following later on.
Sources suggest Peugeot may also do a coupe in a similar style to the RCZ and a roadster with fabric roof. The all-new Peugeot 208 is expected to launch by 2012.
The current Peugeot 207 has been on sale in Australia since 2007 and prices start from $19,990.