"It's on the list. It would be a great entry for us," Reuss told CarSales.com.au, 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.