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Australian media is reporting Subaru plans on resurrecting the SVX moniker before the end of the decade.

Subaru built between 1991 and 1996 a stylish coupe designed by Giugiaro and now apparently "it's making a comeback, and with a six-cylinder boxer hybrid setup" if we were to believe a source close to the company cited by Motoring. The modern version will allegedly adopt a shooting brake-style coupe look and will ride on the upcoming Subaru Global Platform (SGP) which will also underpin the 2016 Tribeca.

Apparently the company has decided to bring back the SVX nameplate as a result of numerous requests coming from U.S. dealers who are asking Subaru for a high-powered grand tourer to enhance the brand's image and expand the customer base. America will be the model's main market but the SVX will be sold in other regions such as United Kingdom and Australia.

The vehicle is expected to adopt a four-wheel drive arrangement and will pack a newly developed flat-six 3.3-liter direct-injected engine working together with a plug-in hybrid system sourced from Lexus enabling the SVX to provide an estimated combined output of around 380 PS (280 kW).

Subaru will build the SVX in United States and they are targeting a 2017 market launch.

Gallery: Subaru plotting SVX revival with hybrid six-cylinder boxer engine - report

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