TO me, it seems like only yesterday when Fiat launched the Grande Punto.

But how time flies, for it was actually way back in May 2005 when the first examples of this  Italian-styled supermini first rolled out of the factory.

Now, less than five years later, a totally new incarnation of the mega-selling car has been unleashed on our streets, even though its older - and slightly cheaper - sibling remains on sale for the time being.

And if you thought the Grande Punto was good, then take a look at this belter, the brand new Punto Evo.

As the name suggests, the newcomer offers much more than just a facelift job for the Grande Punto, for it is set to build on the old model's strengths while moving the game on by leaps and bounds via a host of evolutionary developments such as stop/start technology which is fitted as standard throughout the range.

To start with, the Evo comes fitted with Fiat's brilliantly-designed 1.4-litre MultiAir petrol engine which takes power output and torque to new levels, while also chopping CO2 emissions and improving fuel consumption.

This fiesty little unit comes in three power outputs: 77, 105 and 135bhp, the latter aided by the addition of a turbocharger.

The trio are surprisingly smooth through the gears while the mid-range 16-valve model coupled to a six-speed manual gearbox does more than enough to impress, pulling like a train when given a kick from the right foot.

For those who prefer diesel power, Fiat also offer the Punto Evo with the choice of a pair of brand new ultra-refined MultiJet II oilburners pumping out either 75 or 95bhp.

These second-generation MultiJet engines, complete with diesel particulate filters, are, like their petrol siblings, Euro 5 compliant. But they come with the benefit of being less noisy while cutting harmful emissions by no less than 17 per cent.

Visually, the new Punto Evo stands out thanks to its large front grille split by a thick bumper, which as well as aiding protection, houses the car's number plate.

But it's the new interior design which really finishes off the car. Smooth edges replace the hard angles found on the old Grande Punto.

The adjustable steering wheel, complete with built-in infotainment controls, has a classy soft feel, while the piano black centre console, upper heating vents and air conditioning control panel all sit neatly in line within the colour-coordinated leather-look dash. At the top of the console sits a recess for the optional Blue&Me TomTom satellite navigation unit.

Every model within the range is well equipped, with ABS and electronic brakeforce distribution, along with dual stage front airbags and driver's knee airbag fitted as standard.

Comfort features include CD sound system, MP3 audio file reader with USB port, electric front windows, trip computer and follow me home headlamps.

Prices start from £10,995 for the three-door 1.4-litre Active petrol model rising to £15,595 for the 1.3-litre MultiJet diesel Eleganza Dualogic.