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Alfa's U.S. return likely for 2012, Marchionne says

Fiat's on-again, off-again plan to return Alfa Romeo to the United States is on again, this time with a target date of 2012. A Chrysler Group spokesman has confirmed remarks made by CEO Sergio Marchionne in Toronto. “I'm a lot more confident now that Alfa Romeo will reconstitute a product offering that is acceptable globally, and more in particular in the United States and Canada,” Marchionne was quoted as saying Friday.

Carbon-fiber parts and a software fix help create a lighter, faster Fiat

Chrysler Group's Mopar parts brand and Italian supplier Magneti Marelli have teamed up on a design exercise based on the 2012 Fiat 500 Abarth that shaved weight and added horsepower. The vehicle, called the Venom, has a number of carbon fiber components -- hood and side mirrors, for example -- that makes it about 200 pounds lighter than the 2,512-pound Abarth. The Venom uses software updates and additional exhaust components to boost the Abarth's standard 160-hp 1.4-liter turbocharged engine's output by as much as 25 percent.

Autoweek in review: What you may have missed

It was a slower week in the newsroom as 2012 winded down. On Monday, we learned how motorcycles were coming back and got some ideas for last-minute holiday gifts. In the racing world, the Trans Am Series announced that it’s expanding the 2013 race schedule.