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Rumormill: Aston Martin Cygnet could get V12

A few years ago, if you would have asked us about 500-hp city cars, we would have said, “Awesome, but never going to happen.” We were proven wrong with last year's Nissan Juke-R and we may be proven wrong again with a V12-powered Aston Martin Cygnet. That's right, Autocar reports that Aston is studying the feasibility of taking the Toyota iQ-based Cygnet and shoehorning the V12 from its Vantage and DB9 models. Aston says it could fit the V12 in the tiny car's engine bay without major modifications.

Alfa Romeo MiTo (Cloverleaf) Quadrifoglio – Frankfurt catchup

The Alfa MiTo Cloverleaf unveiled at Frankfurt The MiTo Cloverleaf gets a hot version of the Fiat 1.4 Multair engine, producing 170bhp and mated to a new six-speed ‘box specially designed to deliver swift gear changes. For some reason Alfa hasn’t released performance figures for the Quadrifoglio, but it should be pretty competitive. Fuel economy is distinctly reasonable at an average 49mpg.

Chrysler posts $239 million operating profit, raises forecast

Chrysler Group posted an operating profit of $239 million in the third quarter and raised its outlook for the balance of the year in anticipation of stronger sales and improved operating performance. The results, released Monday, marked the automaker's third straight operating profit. Chrysler's third-quarter net loss was $84 million, down from $172 million in the second quarter.