Yes, but only for a parameter value that makes it almost coincide with the standard model. We reconsider the cosmological dynamics of a generalized Chaplygin gas (gCg) which is split into a cold dark matter (CDM) part and a dark energy (DE) component with constant equation of state. This model, which implies a specific interaction between CDM and DE, has a ΛCDM limit and provides the basis for studying deviations from the latter. Including matter and radiation, we use the (modified) CLASS code [1] to construct the CMB and matter power spectra in order to search for a gCg-based concordance model that is in agreement with the SNIa data from the JLA sample and with recent Planck data. The results reveal that the gCg parameter α is restricted to |α| 0.05, i.e., to values very close to the ΛCDM limit α = 0. This excludes, in particular, models in which DE decays linearly with the Hubble rate.