It's been suspected for some time that Audi plans to offer a compact coupe to compete with the MINI. Those rumors have been confirmed during a conversation with Ralph Weyler, Audi's head of marketing and sales.

The A1 will be based off the current Polo platform, with help from SEAT, a subsidiary of Volkswagen. Pricing is expected to be set around €16,000 and should be available sometime in 2009. Whether or not we'll see it stateside remains to be seen.

This addition to Audi's ever-expanding lineup seeks to bring younger buyers into the four-ring fold early, hopefully securing a dedicated consumer of their upmarket products in the future.

[Source: German Car Blog]

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