Seat is planning to unveil the latest iteration of its Ibiza hatchback at next year’s Geneva Motor Show in March. The Ibiza is a crucial model in the Spanish carmaker’s lineup with sales of the current model reaching 117,963 for the first nine months of the year, roughly 40% of Seat’s total volume.

The new model will be available in both three and five door hatchback form. The three door version will arrive towards the end of next year, and according to dealers the car will have an almost coupe-like appearance.

Seat previewed its lineup for the next ten years at a dealer presentation, reports Automotive News. In 2009, Seat will replace its Toledo sedan with two all-new models, a midsized sports sedan and an estate. That same year Seat will also launch its first SUV model, which will take its styling from the Tribu concept vehicle.

Seat’s financial performance over the past 12 months has been better than expected. Last month officials revealed the carmaker will return to profitability this year, one year ahead of schedule. Last year its losses topped €62 million and the year before it lost €49 million.