The work of renowned ex-Lamborghini stylist Luc Donckerwolke, the Ibiza combines Volkswagen and Audi quality switchgear for less than the price of a Golf in the UK and Europe.
The new Ibiza is comfortably the largest car in the supermini class, at 4.05 metres long with luggage capacity of 292 litres.
At launch, the Ibiza will be offered with a choice of three low-displacement petrol engines - one three-cylinder and two four-cylinder units.
This encompasses a 1.2-litre three-cylinder engine developing 51kW, a 62kW 1.4-litre four-cylinder engine and the range topping 75kW 1.6-litre engine.
All three engines are mated to a five-speed manual gearbox as standard, with VW's seven-speed DSG automatic/sequential manual gearbox also available.
It is expected that the Ibiza will also include an array of turbo-diesel models further down the line.