As previously reported, Lexus will unveil a new concept at this year's Frankfurt Motor Show that aims to compete with the Audi A3 and BMW 1 Series in Europe.

The new model – rumored to carry either the "BS" or "CS" nameplate – won't be built atop the Lexus HS250h's architecture, but it will utilize the gas-electric hybrid's 2.4-liter four-cylinder to deliver around 185 hp to the front wheels.

Although the model we'll see in Frankfurt is technically a concept, according to Lexus insiders, it will be "a 90% match for the real thing" which will debut in production form at the Geneva Motor Show in March, with sales beginning in Europe in the fall of 2010.

[Source: Autocar]