  We study the phenomenology of a model where an SU(2)^3 flavour symmetry
acting on the first two generation quarks is gauged and Yukawa couplings for
the light generations are generated by a see-saw mechanism involving heavy
fermions needed to cancel flavour-gauge anomalies. We find that, in constrast
to the SU(3)^3 case studied in the literature, most of the constraints related
to the third generation, like electroweak precision bounds or B physics
observables, can be evaded, while characteristic collider signatures are
predicted.
