Thanks Mate,
Point 1: VTEC kicks in at 4300 RPM no regardless of speed.And yes 1.3 of City is has more horsepower because its displacement is more i.e 1339 cc (I didn't knew it untill recently) plus VTEC
Point 3: Agreed it doesn't have a Trunk opener.But hey 11th Gen Corolla is a newer car whereas the City is being continued since 2008/9
Point 5: You might be right. 
Could you please give a reference where it is stated.
Point 6: Sir many on PW will agree XLI has had the highest theft rates (without immobiliser) and during that period Hondas werent much stolen.
Point 7: Correct again,Its about gear ratios.
But At 120 RPM in City is at 2500 RPM (Prosmatec)
Point 7: Yes Downforce helps but during cornering City's suspension and less weight helps more.
And as for the last points about EBD and reading lights etc 100% Agree plus it is Quiter and Yes more Comfortable.As for the Quality not at all happy with Honda Dont know about Corolla.
Well let me state some more points
LED backlights much more efficient and visible (safer)
Low and high beams are independent and both can stay on.
Power steering of Corolla is softer.
Body Panel gap is uniform