FRANKFURT -- Hyundai confirmed it will join Europe's booming subcompact SUV segment with a new model called the Kona, ending months of speculation about the car.
The SUV will compete with vehicles such as the Renault Captur and Nissan Juke.
Hyundai released a teaser image of the Kona, which shows a thin headlight angled on a curved hood in a styling the automaker describes as "progressive."
The all-new Kona subcompact crossover will launch later in the year after previewing at the Frankfurt auto show in September.
The SUV's name is derived from the Kona district on the Big Island of Hawaii.
Hyundai said in a statement that the model will be important in its aim to become the leading Asian automaker in Europe by 2021.
The Kona is expected to go on sale after a debut at the Frankfurt auto show in September. It will be the fourth and smallest SUV in the brand's European lineup, joining the Grand Santa Fe, Santa Fe and Tucson.
Reports suggest the Kona could share four-wheel-drive technology with the larger Hyundai Santa Fe, giving it an advantage over many subcompact crossover rivals.
Hyundai has some catching up to do to overtake rivals Toyota and Nissan as Europe's top-selling Asian brand. Toyota brand sales in the region rose 7 percent to 596,515 last year, according to data from JATO Dynamics. Nissan sales fell 1.2 percent to 549,013, while Hyundai brand's volume grew 7 percent to 499,222.