Rudolf Leiding, an old Volkwagen hand and the Chairman of VW do Brasil gave the green signal to designer Senor Schiemann and Marcio Piancastelli to work on a project that would be based on the VW Variant. It was because imports of cars was not permitted in Brazil, during those years and new local brands such as Puma and Santa Matilde were filling the sports car category. The VW product Karmann Ghia then being sold was already old with sales numbers declining.
Labelled “Project X” its prototype having a 1.6 litre engine was first displayed at the Sao Paulo Auto Show in 1971.
By 1972, the car was upgraded with a 1.7 litre air-cooled engine. This new car was labelled as SP2. "SP" stood for the Brazilian city, Sao Paulo. The public was impressed in the beginning and regular production began in 1973. But soon the public realised that though its design was impressive this model lacked the power of other sports cars.
The model continued to be made until 1976 and over 10,000 units rolled out. Though this model was a failure, VW however, managed to export about 150 units to Nigeria.
|- Premium collectible|
|- Licensed product|
|- Material: ZAMAC (zinc alloy), Rubber and Plastic|
|- Non-opening model|
|- On plinth (platform base)|
|Box Dimension (in inches)||6 x 3 x 3|