According to Britain’s Autocar magazine, the 2012 Volkswagen Chico will be based on the company’s accessible ‘New Small Family’ (NSF) subcompacts that was alien from 2007 Volkswagen Up models. 2012 Volkswagen Chico would be a boxy adversary of Smart ForTwo, Toyota iQ, Mazda, Nissan, Honda, Kia, Hyundai, and Suzuki.