Is this the 107 GTI, then?
Nope. Peugeot's new 107 Sport XS is aimed squarely at younger drivers who want racy looks that won't break the bank. This model is all mouth and no trousers, you could say. Priced from £8345, the warm hatch uses the standard 68bhp 1.0-litre engine, but is pepped up by the modish racing stripes and matching mirror trim shown above, 14in alloy wheels, a deeper front spoiler and twin exhausts. Inside, the cabin gains a handful of sporting accessories and 1980s-style red stitching - reminiscent of the 205 GTI - to differentiate it from more humdrum 107s: a leather steering wheel, red gearknob and red centre console trim complete the lukewarm makeover. Because the car is mechanically identical to the basic 107, the UK insurance group remains in lowly group 1E. Sadly, there are no plans for a proper 107 hot-hatch in the vein of the 106 Rallye. Peugeot is placing all its chips on the new 207 GTI, which will go on sale in April or May.