The biggest car company in Brazil was Volkswagen. The combination of air-cooled quality, usability, and low price made Volkswagens the most popular cars in Brazil by far. However, Volkswagen didn’t have any performance credentials or a sports model, and in the early ’70s, they wanted a piece of the action (via Silodrome).
So they took the Beetle floorplan, a 1.7-liter flat-four engine, and tuned it to 75 HP. Although that wasn’t much, it was faster than the stock Beetle. They called the finished product the SP2, and it debuted in 1972. It looked modern with a long front end, low profile, and sporty silhouette.