The new MG3 will be priced from £8,399 when it goes on sale this September.

Powered by a 106PS petrol engine, the new MG is predicted to slot into insurance group 4E.

All models feature LED running lights, electronic hill holder, six airbags, electronic stability control, corner brake control and traction control as standard, with all but the entry-level model also featuring a DAB audio system.

Four models are available in the range.  The 3Time kicks off proceedings with a £8,399 price tag.

The £9,299 3Form adds air conditioning, DAB radio, Bluetooth connectivity and leather steering wheel.

The 3Form Sport includes a sports styling pack and 16-inch alloy wheels for £9,549.

The range-topping £9,999 3Style benefits from 16-inch ‘Diamond’ alloy wheels, sports body styling with rear boot spoiler and sill extensions, cruise control, automatic headlights and wipers, and reverse parking sensors.

A range of personalisation options will be available, with a variety of interior colour packs and exterior graphics.

The new MG3 will arrive in UK dealerships from September 2013.