Chevrolet looks likely to make the RS hot hatch concept it showed off at the Detroit motor show last year a production reality.
A company source said that a higher-powered version is being considered for the US market, and any model would then be likely to make its way to the UK as a range-topping variant.
The source said that although the RS is just a concept at the moment, there is a strong possibility the brand will turn the exciting model into reality.
The all-new Aveo is already breaking new ground over the old model that Chevrolet inherited from Daewoo in 2004 by offering a diesel engine, and the next model that is set to arrive in September is set to go one further. There were no indications on possible power outputs or speeds, but it is expected to be faster than the current 1.6-litre petrol that Chevrolet is pondering bringing to the UK market with an automatic gearbox.
That car manages to get to 62mph in 11.7 seconds with a 113bhp unit, but Chevrolet is thought to have benchmarked the 1.6-litre Ford Fiesta with its sub-10 seconds 0-62mph time as a target.
The new Aveo is set to go on sale with a 1.2-litre and 1.4-litre petrol, and a 1.3-litre diesel engine when it arrives in September, while a decision will be taken by the time it arrives as to whether it will offer the 113bhp 1.6-litre petrol in the UK.