Rumors of a smaller roadster known as the BMW Z2, which aims to capture the spirit of the departed BMW Z3 , have been swirling for several years, but nothing ever happened. Well, Autocar has resurrected the rumors and we now have a little bit of unconfirmed information on this potential model. It looks like it is the real deal, but you’ll have to be the judge.

While the Z4 is slowly transitioning into a GT car, the rumored Z2 will be an open-top, entry-level roadster that gives the opportunity for roadster fans to buy one without shelling a small fortune, an aspect that made the Mazda MX-5 Miata legendary.

While BMW is bound to call this car a "Z3 successor," the omission of RWD alone isn’t deserving of that description. Let’s see what BMW has in store for us in this exciting project they may undertake.

Click past the jump to read more on the Z2 Roadster.

Source: Autocar

Taking under consideration the current economical situation and all the regulations regarding CO2 emission you should expect to see car makers heading to small cars. For example BMW plans to modify the current 1-Series so that it will include a city compact, a F.A.S.T. Family Activity Sports Tourer and a Gran Turismo, while a new 2-Series model will be offered in both coupe and cabrio. Next to them the Bavarian company will also develop a Z2 and a M2 model, all of them small, but very cool sports cars.

For the next generation 1-Series BMW plans to increase the wheelbase, but also to include a significant number of features that will allow luxury options normally found in high end Premium luxury cars available in the compact class. The model will also include the next generation "Efficient Dynamics" technologies that will make it the most fuel efficient car in it’s segment.

The coupe and the cabrio version will no longer be sold as a 1-Series. Instead BMW will launch a new 2-Series model. It will feature a further progressive sporting interpretation with clean design lines. You should expect the new 2-Series to be launched in 2013.

The decision to bring a M2 model was helped by the exceptional response to the new 1er M Coupe. According to BMW, the new model will "push the envelope" for small performance cars. But the most impressive model will of course be the Z2 which it is expected to be revealed in late 2013.

Rumors about a baby BMW model started a very long time. But now we got the official confirmation: the company will bring a first concept version in March at the Geneva Motor Show. This new model will take on the production version Volkswagen Bluesport. The announcement has been made by a BMW spokesman at the 650i Convertible launch, but he refused offering more details on the model. He also said that the concept won’t make it to production, but it will inspire a future BMW roadster model.

Rumors say the new concept will feature some wild styling themes, including overlapping exterior panels, a large scoop on one side of the bonnet, rear power bulges and exterior lighting highlights that can change color. Also, in the memory of the BMW Z1, the concept will come with retractable doors. The concept will feature lots of design elements from the Vision Vision Efficient Dynamics hybrid concept and will include car-to-car communication, real-time navigation and the latest sensor technology for accident avoidance.

Under the hood BMW will most likely place a new 2.0-liter turbocharged four-cylinder engine, but for the production model a 1,6 liter version is also a possibility. It is rumored that a production version will be revealed in late 2012 and that it will be followed by a coupe version.

Source: Drive

Rumored for a very long time now, theBMW Z2 has finally been confirmed by the first prototype caught testing in Laguna Beach, California, over 100 miles away from the BMW testing facility in Oxnard.

The BMW Z2 will be built on the same platform as the next generation 1-Series and will weigh less than 1,000 kg (2,200 lbs). The new model will offer engines with no more than 2,000 cc, but will compensate by using turbochargers with an output in the 250 HP area. BMW is also expected to offer a diesel, hybrid, plug-in hybrid, and an all-electric version. Rumors have been spreading that the BMW Z2 will be competition for the Mazda MX-5 Miata , but we certainly do not see the possibility of the Mazda overtaking this roadster. The Mazda MX-5 Miata is a heavier model with a lot less power under its bloated hood.

Surprisingly, the BMW Z2 seems to have a soft top that is going to be manually operated which is certainly unexpected in the world of technological know-how, but we have heard that a motorized top may be in the works as an option.

The first concept version will be unveiled at the Paris Motor Show with a production version to follow in 2013.

Source: WCF

Last month Lamborghini reminded us all that the Estoque was just a concept , and now it’s BMW’s turn to disappoint. According to a source inside BMW, the little Z2 roadster is just a figment of the media’s imagination.

A source inside the company told iMotor, "Everyone in the motoring media seems to be talking about this car but it’s not on my product plan and that lists the forthcoming models for the next 10 years." The source further explained that he had not even heard internal rumors about a little brother for the Z4 .

We like the new Z4, but something smaller, lighter and cheaper had us hopeful for a car that would deliver the performance of the Mazda MX-5 without the emasculating stigma. While we understand that the Z2 would cannibalize the sales of the 1-Series convertible , we still are hoping that BMW is just playing a bad April Fools joke on us.

Source: imotormag

BMW left a hole in its line up with the new Z4 . The car is not too big, but it does put a wide enough gap between it and its predecessor, the Z3, to take it out of direct competition with like the small, lightweight Mazda MX-5 . Not likely to leave a market wide open for other companies, BMW is rumored to be working on a Z2 model for featherweight fun.

The Z2 will be built on a modified Z4 platform, and unlike its bigger brother will only be offered with a choice of four cylinders engines with a maximum capacity of two liters. The base version will be a 1.8-liter with 150 hp, while a “M” version could be a turbocharged car with an output of around 300 hp. Like previously reported, a hybrid version is also in the works and a M version might also be a possibility.

The Z2 will be offered with BMW’s latest technologies, including active steering, dual clutch gearbox and active suspension. The price will be somewhere around the $30k area and the official debut will be made at the end of 2010, with sales to begin in 2011.

Source: AMS

It seems BMW won’t wait for Detroit to take the wraps off the new Z4. It was rumored that although the car was complete, the German roadster missed its LA debut do to a rights issue . Since the car is fully-baked, BMW is eager to get it out to the public. It’s now rumored that BMW will do its own reveal of the new Z4 before the Detroit Auto Show in January.

Sometime in December official images of the convertible should appear, and sometime later a coupe version will follow. We are expecting some styling differences between the coupe and convertible, which is good considering the convertible will be offered as a folding hardtop. The coupe version is also likely to be more performance-tuned with a stiffer suspension and lower ride height. Base engines should start around the current lineup of six-cylinder engines, and could possibly top out with a future "M" version with a V8 from the M3.

Another rumor that is starting to get some attention is that BMW might also working on a smaller roadster possibly called the Z2. The Z2 is designed to take up some of the slack that was created when the original z4 went upmarket from its Z3 predecessor. The new convertible (and possibly roadster) will be small and light enough that BMW would use it to showcase its hybrid technology called eDrive.

Source: BMW Blog

After BMW will be done with the revealing of the new generation Z4 (official launch at the Los Angeles Auto Show and sales set to begin in April 2009) it will start working on a more affordable roadster. Likely called the Z2, it will be based on the 1-Series and will be revealed sometime in 2012. The base version will likely be powered by a 1.6 liter four cylinder engine that will deliver 120 hp; while the top version will offer around 210 hp.

This is ambitious considering the amount of new projects coming from BMW between now and the Z2. Some of the plans expected from BMW over the next four years include the PAS , X1 crossover , 1-Series sedan as well as new generations of the X3 and 5-Series .

Source: Autozeitung

Ther German automaker BMW is preparing another iteration of their affordable open air roadster, the Bavarian version of the Z car, that competes head to head with the world’s best selling drop top, the Mazda MX-5. With the release of the all new BMW Z4 BMW Z4 , the automaker has introduced a much more attractive version of their fun to drive convertible by trading in the rounded bodylines for a much more sculpted and angular figure. However as the cars get newer and equipped with even more features, the one time affordable compact sports car has turned into a much more luxurious and expensive vehicle straying from the original Z1’s roots.

As automakers are looking to downsize their lineups in an attempt to move more units, it would appear that BMW i BMW i s trying to tap back into what made the original Z1 so popular with a future Z2 compact roadster. Combining the agility of a lightweight fun to drive vehicle with the best in German engineering at an affordable price point a new Z2 roadster for 2011 would be quite a treat.

Continued after the jump.

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