I was actually thinking of something like that, except four-wheeled, with the motorcycle mechanicals displaced to the right, to balance the driver... more stable.
Something similar, but way out there...
Peugeot BB1
It's only a concept, but note the scooter controls on the driver's side.
Front seats have notched backrests... so the rear passengers' legs go around the front passengers, a la motorcycle. Gives it an incredibly small footprint for a four-seater.
Having absolutely no backrests might be impractical, but there are lessons in proper packaging to be learned here... I was pleasantly surprised by how the concept turned out once I saw interior pics... since the exterior isn't really all that... errh... attractive...
Since it's based on scooter mechanicals, which are already compact and easily repackaged, something like this might not be too hard to make locally.
The only problem would be keeping pricing under 200k pesos.






