It's not the first we've seen of the new i20 - spies spotted the car in India a week ago, and Hyundai had shown sketches of the car earlier this month - but it's the first time the company has shown official images of the all-new light car.
The new model is larger than the European-market car it replaces, and is based on an all-new architecture. It measures 4035 millimetres in length and has a wheelbase that has been stretched to 2570mm (an increase of 45mm). The boot is said to have jumped in size, too, to 326 litres.
In terms of appearance the European-designed model boasts plenty of style, with large sharp headlights with LED daytime running lights, a bold hexagonal grille reminiscent of the much dearer Genesis luxury sedan, and a bold lower bumper design.
The rear of the car is more conventional in terms of its bumper and boot-lid treatment, while the blacked-out D-pillar sections aim to give the illusion of the car's roof floating above the body. A rear-view camera is said to be offered, and may pop out from behind the H badge on the boot.
Hyundai says the growth provides European market buyers with "class-leading interior space, a host of high-technology and comfort-enhancing features, and distinctive, refined design". According to Hyundai the new model is the first in its class to get a panoramic sunroof, which is expected to be an option or standard fit on high-end models, and can tilt or open entirely.
No technical details have been made available, though it is expected the new i20 will be powered by a 1.2-litre petrol engine with 62kW and 119Nm in Europe, along with a range of diesels spanning from a 1.1-litre with 55kW/180Nm to a 1.4 diesel with 66kW/220Nm.
A performance-oriented model is expected, too, which could be the first production model sold under Hyundai’s N performance arm. That car could feasibly be fitted with the same 1.6-litre turbo engine seen in the Veloster SR Turbo, with 150kW and 265Nm.
However, the South Korean brand is yet to reveal any images of the European-market i20's interior. It has, however, shown the interior of the Indian market Elite i20 (seen below). That car could be sold in Australia as a replacement for the current Indian-made model.
Hyundai Australia public relations general manager Bill Thomas told CarAdvice there's still no word on whether the local arm will offer the new i20.
"It's still too far off, and at this point in time there isn't much to say," Thomas said.
"It is under study - we're looking at pricing points, we're looking at the whole marketing side of things. It's under review, in the same way as i10.
Thomas reiterated that the fate of the i10 remains in question, despite some media reporting the deal is done.
"There's no decision yet," he said.
Click the Photos tab above for more images of the new i20 and Elite i20.