Audi's CEO, Rupert Stadler, has confirmed the company is working on a new A2.

In an interview with Autocar, Stadler said "...we gave the A1 that nomenclature (so) there's clearly room for another product and another concept between the A3." He added, "If you don't have to explain a car like the A2, then it works."

While that's pretty vague, the A2 will reportedly be based on the upcoming A1. It will likely feature unique styling and an electric powertrain. Despite the similarity to Volkswagen's Up! electric vehicle, Stadler was quick to point out Audi will not use that model for the basis of the A2 or the rumored A0.As you may recall, the original A2 was a slow selling model that was produced between 2000 and 2005. Criticized for its questionable styling and less than stellar performance, the A2 never caught on with consumers. In total, only 176,377 A2s were sold in its five year production run.