AutoExpress reports that the new baby BMW front-wheel-drive sports car - which has been rumoured since 2011, when we posted the above illustration - is coming within the next four years, built off the same modular underpinnings (UKL1) that forms the basis of the new, third-generation Mini line and the recently launched BMW 2 Series Active Tourer.
CarAdvice has already reported that the front- and all-wheel-drive UKL1 platform could spawn as many as 12 new models over the coming years, including the next 1 Series and X1, an X2 coupe-style small SUV, and as many as 10 potential spin-offs of the new Mini.
There are currently no concrete details nor any attributable quotes from BMW regarding the plans, though it would be expected that the engine range could mirror that seen in the Mini and the 2 Series Active Tourer, with a range of three-cylinder and four-cylinder turbocharged powerplants. It's not yet clear if the Z2 will be available as a coupe and convertible at this stage.
Those Mini spin-offs are set to include replacements for the just-updated Mini Countryman and Mini Paceman, while a new Mini Cabrio is a certainty, and a sportier model in the vein of the Mini Coupe and Mini Roadster - as was presaged by the Mini Superleggera Vision concept (pictured above) - is also expected.