Launching across the US, the penguins will join with Santa, who has been used in advertising since 1933, and the polar bears, which were launched 12 years ago, in a newly created advertising, point of sale and packaging campaign under the slogan "Give. Live. Love Coke".
Katie Bayne, senior vice-president of Coca-Cola Brands, Coca-Cola North America, said: "Coca-Cola holiday packaging and commercials have become a tradition that families anticipate each year."
The creative for the TV advertising for the campaign is called "Arctic beach party" and involves the group of bears being awoken by a party being staged by the group of penguins, who then invite them to join in.
It is not known if the ads will be rolled out globally and to the UK.
Last year, in the run up to Christmas, Coca-Cola carried out a global rollout of a spot created by McCann Erickson Madrid featuring a punk version of 'White Christmas'. The ads initially ran in the UK and Spain.
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