The Ritmo's five-door hatchback design combines stunning Italian beauty with a roomy and practical interior.
Australian buyers will have the choice of a petrol or diesel versions, paired with either six-speed manual or self-shifting transmissions.
The 1.4-litre turbocharged TJET petrol engine produces 110kW and 206Nm of torque whilst the 1.9-litre JTD turbo-diesel offers an identical 110kW with a significant boost in torque to 305Nm.
Equipment will include cruise control, alloys, climate-control air conditioning, stability control and six airbags.
The Fiat Ritmo will hit showrooms in March with pricing to be announced at the Melbourne Motor Show on February 29.