Pegged to sit under the 147 in both price and size, Junior is aimed to rival the likes of BMW's sucessful Mini.
Powered by a choice of two diesel and three petrol engines, the Junior will have power ratings from 88 through to 147kW in standard form. An AWD 184kW T-Jet model is also rumoured to follow the initial line-up, possibly in to early 2009.
With awesome looks not too disimilar of the 8C Competitzione, the Junior name has not yet been confirmed and is currently the subject of a competition running out of the UK.
Other details and pricing are as yet unconfirmed, but I'm sure you'll agree that anything this good looking is worth a little suspense.