As with ASX, the 4008 is available with a choice of four-cylinder petrol and diesel engines. The former will be matched to a continuously variable transmission (CVT), while the latter is likely to be available with manual transmission to begin with.
For that reason, expect Peugeot New Zealand to focus on the petrol versions for launch.
Just to extend that family tree a bit further, the 4008 has a sister car within Peugeot's sister brand, Citroen: the Aircross, which could also be a starter for NZ, although it won't arrive until later in the year, with right-hand-drive production not scheduled until the second half of 2012.
Like the 4008, it's a major restyle of the ASX - this time with cues from the latest DS3 and C4 models, including an ornate headlight/grille and large vertical air vents bordered by LED daytime running lights.
Around the same time as the 4008 is launched, Audi will step into the compact-crossover space with the new Q3 - third and smallest member of a series that includes the Q5 and Q7. While it might line up beside the Peugeot/Citroen/Mitsubishi on size, the little Audi will be up a class on price: local importer European Motor Distributors plans a 2.0-litre turbo diesel version with seven-speed S-tronic gearbox here in April for about $70,000.
It'll be a direct rival to BMW's X1 ($58,500-$83,500) and perhaps even nip at the tailpipe of the Range Rover Evoque - which starts at $79,990.
While Volkswagen is happy to let Audi take the fight to the $70k market, it has just launched a heavily revised Tiguan, which comes with a 2.0-litre turbo diesel engine and a wealth of standard equipment for $53,250.
Mainstream brands are also rising to meet the challenge of compact crossovers with premium character - even if it's a case of better late than never with some. Ford NZ has finally launched the highly acclaimed Kuga here, in top-specification Titanium trim for $53,990. Kuga is based on the previous-generation Focus platform and has been on sale in Europe since 2008.
It's a model at the end of its run rather than the beginning, but an impressive one nonetheless: no diesel on offer for Kiwi buyers, but the petrol engine is the 2.5-litre five-cylinder turbo from the previous-generation Focus XR5.
Also in 2012, we'll see the Subaru XV and Mazda CX-5, two compact crossovers that showcase new design directions for their respective makers. The XV is based on the all-new Impreza, while the CX-5 will feature a host of new technologies including efficient SkyActiv engines. There's also an all-new Honda CR-V on the way, set for its first public outing at next month's Los Angeles Motor Show.
Is there room for all these new models? While none of the above is really about chasing huge sales volume, there's plenty of scope: the Sport Utility Vehicle (SUV) market is one of the biggest segments in NZ and growing. Small/medium SUVs alone currently account for 27 per cent of the passenger-car market. SUVs in total are a whopping 31 per cent.