Click above for high-res gallery of the Volkswagen up!Volkswagen's adorable little up! has the ambitious goal of becoming the next original Beetle , and new info on Auto Express seems to indicate that the Germans in Wolfsburg may be on to something. The up! will feature both gasoline and diesel-powered engines with a minuscule displacement of only .6 turbocharged liters, and a larger 1.2L three-cylinder engine may be planned, as well.The up! will also be extremely fuel efficient , with U.S. fuel economy numbers near 80 mpg. Perhaps the most eye-catching bit of info is the base price of the handsome little micro: models will sell for as little as £4,500 in emerging markets and more richly equipped European models will start around £7,500. VW is also looking at making both a three- and five-door up! with the exact same wheelbase, as well a roomier MPV version and even a hybrid . VW also says that the 11 foot long up! will also feature the roomiest cabin in its class. Is it just us, or does the amazing little up! almost sound too good to be true? We'll find out for sure next year when the production up! is released to the public.