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Spy photographers have caught on camera the third-generation smart fortwo, now sporting its full production body for the first time after the rather cut-and-shut jobs on the previous mules.

Previewed by a number of concepts including the fourjoy, forstars and for-us, the new fortwo will feature styling that is a sleeker and more modern interpretation of the microcar we know and love, looking lower and wider than the current car.

Peering through the camouflage, you can spot the new perforated smart family grille, a wide lower air intake and squarish head- and tail lights with LED daytime running lights on the lower edges of the headlights.

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Under the skin, the smart fortwo is based on the underpinnings of the just released Renault Twingo, and hence will keep its rear-engined, rear-wheel drive layout. It is also expected to share the French sibling’s engine and gearbox, details of which have yet to be revealed.

Rumours are, the fortwo will feature a turbocharged three-cylinder petrol engine in two tunes – 84 hp and 104 hp versions are said to be offered. There will also reportedly be an 87 hp (65 kW) Electric Drive model.

Some reports have also suggested that the next fortwo could be even shorter than the current car, trimming about 10 mm off to a ridiculously short 2,680 mm. It is also set to spawn a four-seater forfour, which would be more closely related to the fortwo than the Mitsubishi Colt-based first-generation model.

Both the fortwo and forfour are expected to arrive later this year, making their world debut at the Paris Motor Show.