Though it's easy to point out that Mazda has taken quite a beating in the finance department in the past couple years, we have to say its products certainly have been spruced up and are gaining quite a bit of attention.

Take, for example, the Takeri concept, which morphed into the all-new Mazda6. Between the 6 and the new Ford Fusion, the midsize car class has certainly become much easier to look at.

Then there was the introduction of the CX-5 compact sport-utilty vehicle. Though it seems to be doing well stateside for Mazda, it has done a good amount of business for the brand in Japan.

Now there's word circulating that Mazda will be producing a smaller CX-3 based on the next-gen Mazda2. Aiming to go up against the likes of the Nissan Juke, Auto Express is reporting that it could feature a 1.6-liter diesel motor possibly capable of "around 80 mpg."

Though it is pure speculation and likely wouldn't be brought to the U.S. even if Mazda went down that road, it would be a remarkable offering abroad.

...It’s expected to be badged CX-3 and is due in 2014, when it will join a line-up of new Mazdas, ranging from the new 2 supermini and next-generation 3 family car to a new MX-5 roadster and even a city car rival to the VW up!.

When it’s released, the CX-3 will take on crossovers like Ford’s Fiesta-based EcoSport and the Nissan Juke, and aims to be one of the most efficient and best-driving models in its class...

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RENDERED SPECULATION: Word Suggests Mazda Is Developing A Mazda2-Based CX-3

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