This is the all-new Skoda Citigo, and if you're thinking that it looks rather familiar, that's because its Volkswagen-badged kin recently debuted at the 2011 Frankfurt Motor Show. That's right, the long-rumored Skoda version of Volkswagen's new Up! city car has arrived.

Buyers will have a choice of two 1.0-liter three-cylinder engines – one with 59 horsepower, the other with a blistering 74 hp – both mated to a five-speed manual transmission. Powerful they are not, but these three-bangers will prove to be extremely efficient, with Skoda quoting fuel economy numbers of 62.8 and 60.1 miles per gallon, respectively (on the European cycle).

Being a Skoda, the Citigo will go on sale in its home (Czech) market this fall, with the rest of Europe getting the car next summer. Follow the jump for Skoda's official release.

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