That would be the Mazdaspeed2, which would be badged in certain markets as the Mazda2 MPS. Speaking with Australian site CarAdvice.com.au at the launch of the Mazda2 on which it would be based, the Japanese automaker's global sales chief and the hatchback's deputy product manager hinted that such a product is definitely being discussed, even if it hasn't yet been approved.
This wouldn't be the first time such a notion were entertained, as Mazda has shown numerous performance concepts based on the previous Mazda2/Demio over the years, but none have come to fruition.
If green-lit for production, the Mazdaspeed2 would likely pack a small turbocharged engine (potentially one being developed for the new MX-5 Miata) rather than a larger naturally aspirated one. Additional upgrades would also be in store, including larger rolling stock and brakes as well as upgraded aero and suspension components. Of course the question of whether the Mazdaspeed2 would make it to North American showrooms is another matter entirely, but let's see if the Zoom-Zoom brand actually builds it first.