A new report indicates Audi bosses have agreed for an A3-based MPV which could receive the V4 moniker.

A new report indicates Audi bosses have agreed for an A3-based MPV which could receive the V4 moniker.

It will allegedly be offered in five- and seven-seat configurations and ride on the MQB platform. Audi already built a concept for this new model but they haven't decided yet whether to show it next month at Frankfurt Motor Show. A production version should be out in about three years from now.

This isn't the first time we hear about an Audi A3 MPV as in July last year former sales and marketing chief Peter Schwarzenbauer said the car would ride on an enlarged version of the MQB platform and be offered with a wide variety of power units, including a 180 bhp (134 kW) 1.8-liter TFSI, a 222 bhp (166 kW) 2.0-liter TFSI, along with a 2.0-liter TDI available with 141 bhp (105 kW) and 175 bhp (130 kW).

There were also talks about a hybrid version featuring a 1.4-liter TFSI producing 148 bhp (110 kW) coupled to an electric motor outputting 107 bhp (80 kW).

Note: Audi Roadjet Concept pictured

Audi A3 MPV confirmed for production, concept arriving in Frankfurt next month - report