Like its predecessor, the Audi TT FV/8S was previewed in the form of the Audi Allroad Shooting Brake concept car, shown at the Detroit Motor Showin 2014.[58]

The third generation of the TT was unveiled at the 2014 Geneva Motor Show.[59] The FV/8S generation utilises the Volkswagen Group MQB platform, and is available with a choice of TFSI and TDI engines. The 2.0 TFSI is available in two versions: a version producing 169 kW (230 PS; 227 hp) and 370 N⋅m (272.90 lb⋅ft) of torque in the TT and a version producing 228 kW (310 PS; 306 hp) and 380 N⋅m (280.27 lb⋅ft) of torque in the TTS. A 2.0 TDI Inline-four engine producing 135 kW (184 PS; 181 hp) and 380 N⋅m (280.27 lb⋅ft) of torque is also available as an option for the TT. The TFSI engines are available with all wheel drive. The TDI comes in front wheel drive configuration, but was then later released with the Audi's quattro all wheel drive.