Volvo's current C30 hatch will be replaced in 2012 by a new small five-door sportwagon, and a shorter three-door is expected to join the range in the following year.
Recent spy photos have offered a clear look at the new model's longer profile and larger dimensions, designed to do battle with the likes of Audi's A3 Sportback.
Today, a new teaser image has surfaced online, and from what little detail can be seen, the new model looks to draw much of its styling inspiration from the mid-sized V60 wagon.
The upright grille and swept-back headlights are there, along with curving roofline, climbing belt and Volvo's familiar vertical taillights.
The new Volvo's name has not been revealed, but while reports overseas have pointed to the V30 name, Dutch website Autoblog.nl claims that Volvo CEO Stefan Jacoby has quietly confirmed the return of the V40 badge.
Along with the wagon and the smaller three-door, a crossover compact SUV is also expected to figure in Volvo's small-car line-up, so keep an eye out for spy photos of a high-riding XC30 or XC40.
Drivetrains for the V30/V40 will likely include Volvo's recently announced stop-start and rear-axle kinetic energy regeneration systems. Volvo says the latter technology can give the vehicle an extra 60kW of power when needed.
Watch for the new small Volvo to appear at March's Geneva Motor Show.