We wouldn’t go so far as to say that the folks at AutoExpress are just making stuff up, but the prospect of a smaller MX-5 Miata (the MX-2) does sound unlikely.
Still, the British auto pub is reporting that such a vehicle is in the works and could be here as early as 2012. This would put ensure it arrived well ahead of possible competitors like the MINI Speedster or Nissan Urge. For the record, however, the Speedster is still just a rumor and the Urge, which debuted at the North American International Auto Show back in 2006, has reportedly been scrapped.
Motivation could come from an engine as a 1.6-liter four-cylinder or as small as 700ccs. The 1.6 option would be the high-performance model with as much as 160hp.
AutoExpress cites a company insider who says we should expect to see an MX-2 concept soon.
More: Mazda Prepping Sub-Miata MX-2? on AutoGuide.com