Cadillac-XLR-VIn 2003, General Motors was preparing to roll out an all-new Corvette, the C6, to eager fans around the world. But at the same time GM was preparing to launch the Cadillac XLR, a luxury roadster based on the previous-generation Corvette C5. While there are many reasons the XLR didn’t stick around, basing it on an outgoing Corvette platform certainly didn’t help it.

2014-Chevrolet-Corvette-C7-StingraySo when Fox News asked the Corvette C7’s chief engineer Tadge Juechter if there was a plan to launch a new Cadillac XLR based on the 2014 Corvette, they weren’t sure what answer to expect. For XLR fans though, it probably wasn’t the answer they wanted to hear.

“This is a Corvette, it’s optimized for the Corvette market,” Juechter said. “There’s no intent to offer any other nameplate, aside from the Corvette.” That’s a pretty firm “no” from Juechter, despite Cadillac having just unveiled a sexy new coupe concept, the Elmiraj. Instead, Cadillac will probably focus on building a big, rear-wheel drive sedan designed for executives and presidents.

That said, General Motors has been known to change its mind before, and would hopefully learn from the mistakes of the past. While initial sales of the Cadillac XLR were strong, it had the inherent disadvantage to the new C6 Corvette by being based on an older chassis (though the C6 itself was more of an evolution of the C5 than anything). But if GM dared to base a new XLR on the new Corvette, it could be a truly incredible luxury sports coupe, perhaps even packing the twin-turbo 3.6 liter V6 that debuted on the 2014 Cadillac CTS.

What do you think? Would a twin-turbo, V6-powered Cadillac Corvette work for buyers?