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2013 Lamborghini Gallardo IS the last Gallardo (video)

Lamborghini has finally confirmed the Gallardo is now at the end of its life, with the 2013 Gallardo the ‘Final Gallardo’. But the Lamborghini Gallardo is anything but new as it’s been with us for a decade and, although still selling remarkably well, is well past its sell-by date. So we’d half expected that Paris may have seen the first sight of the Gallardo’s replacement rather than a mildly titivated version of the current car, but that now seems likely to happen at the Geneva Motor Show in 2013 after Lamborghini put up a website this week – The Final Gallardo – leaving us in no doubt the Gallardo’s time is up.

GM posts quarterly net income of $1.96 billion

General Motors Co., in its final financial snapshot before next week's initial public offering of stock, posted third quarter net income of $1.96 billion on revenues of $34.06 billion. The results, released Wednesday, were in line with a forecast issued last week. GM now has earned $4.16 billion on revenues of $98.71 billion through three straight profitable quarters this year--a dramatic swing after five consecutive annual losses.

Infiniti to sell luxury EV in 2013

Infiniti plans to launch its first luxury electric vehicle in the United States and other global markets in 2013. Nissan Motor Co.'s luxury division said Friday that the Infiniti EV will be “a stylish, high performance five-seat luxury vehicle with zero emissions technology.” Infiniti first announced plans to market an electric vehicle last year but offered few details until now. It will be based on the same platform as the Nissan Leaf, an electric car scheduled to go on sale later this year.