Is this the 2012 Dodge Hornet 40 mpg coming at the end of the year?

The 2012 Dodge 40 mpg vehicle test mule has been spotted all over Detroit. Is this what the design will look like? If so this will be a hot seller and with all the versatility of the Fiat/Chrysler line up of engines this car will have great possibilities. You could see a high gas mileage or a super sport turbo charged speedster.
Rumors say the Dodge will get the Hornet tag!