Peugeot are inviting us to remember the 5th of November as their iconic GTi badge returns to the compact car segment for the first time since the 1990s.

The Peugeot 308 GTi is definitely one of the most eagerly anticipated hot hatches of 2015, though performance isn’t the only reason why people get excited about this car. The 308 is the 2014 European Car of the Year, an honor it most certainly deserved – which should make GTi version even more desirable.

The 308 GTi has been developed in-house by Peugeot Sport in order to offer customers somewhat of a new interpretation of the car’s sleek exterior design and sporty interior.

Under its hood, you’ll find a 1.6 liter THP petrol engine, available in two power outputs (250 PS & 270 PS), both limited to 250 km/h (155 mph).

In terms of weight, both models tip the scales at 1,205 kg (2,656 lbs), enabling the 308 GTi 250 to sprint to 100 km/h (62 mph) in just 6.2 seconds, whereas the 270 version needs only 6 seconds flat. Overall, we’re looking at a power-to-weight ratio of just 4.82 kg/hp (250) and 4.46kg/kg (270) respectively.

In the UK, the 308 GTi 250 is priced at £26,555, while the 270 version (which comes with not just more power but also a Torsen differential, 19″ wheels, larger front brakes and sports seats) will cost you £28,155. The sports seats are an £800 optional extra on the 250 model, as are the 19″ Carbone lightweight alloy wheels with Michelin Super Sport tires. As for the attention-grabbing Ultimate Red/Nera black paint finish, it’s exclusive to the GTi 270, and costs £1,300.

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