Motor Authority reported last week about some rumors going around that BMW is looking to build a small FWD car built on the MINI platform.

>There have been numerous reports pertaining to the possibility of BMW building a new model positioned below the 1-series hatch that’ll share its underpinnings with the current Mini. Not only would the car be the first FWD BMW, it would also be cheapest as it’s rumored to cost less than the aforementioned Mini.

>Part of the reason for BMW considering such a model is the mounting environmental awareness that’s spreading across Europe. A new, low-emissions minicar would help reduce BMW’s fleet average emissions levels in light of the new CO2 standards being pushed by the EU and it’d also give it a better standing against similar superminis being developed by rival brand Audi and to a less extent VW.

[ Preview: 2010 BMW Minicar ]