What on Earth am I looking at here?

The corner of the front bumper of a Subaru.

Is there any reason as to why?

Yes, it's another motor show teaser image, God love 'em. This bit of a car is what Subaru is going to be showing at the Geneva Motor Show.

Ooh, is it a new WRX of extreme power?

No. No, it isn't. It's the XV Concept, likely to show off what the next version of the Japanese firm's mid-sized crossover will look like, and it will be unveiled in a mid-morning press conference on March 1st 2016. We bet you can't wait.

I really can.

Shame on you.