According to Australian site, General Motors North American boss, Mark Reuss, has expressed high interest in creating a small, rear-wheel-drive coupe to rival the Scion FR-S and Subaru BRZ. If something like this ever came to production, it could take the shape of the Chevrolet Code 130R concept car (pictured) that debuted at last year's Detroit Auto Show.

"It's on the list. It would be a great entry for us," Reuss told, adding, "I don't know if they (Toyota) are making any money but it is a very attractive car."

A production version of the 130R would likely ride on a small, rear-drive platform like GM's Alpha architecture, which currently underpins the Cadillac ATS and will eventually be used in the next Chevrolet Camaro. "We would do something with the knowledge of Alpha and the background, but we wouldn't take Alpha and try and shrink it," said Reuss.

We've heard faint whispers about exactly this scenario previously, and the fact that it's still on the table is a good sign. Of course, if development hasn't started yet and a project like this gets the green light, there's no telling how far off a small, rear-drive coupe from GM could be. And considering how popular the Scion and Subaru twins have proven (at least in their early life), GM would be wise to get the ball rolling sooner rather than later.

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