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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.

Alfa Romeo Milano – spy photo

The new Alfa Romeo Milano - snapped on a mobile 'phone and posted on Facebook And that’s the case with this picture of the new Alfa Romeo Milano, which has surfaced on the Interweb (on Facebook – I wonder if it was taken by the wife of the head of MI6?!) and lets you see just what the new Alfa Romeo Milano will look like. Obviously taken on a ‘phone, the quality isn’t great, but there’s more than enough detail to see what the car will offer. Taking design cues from the Alfa Romeo 8C (which did the Goodwood Hillclimb at the weekend), the Milano is more than a little reminiscent of the cracking Alfa super mini – the Alfa Romeo MiTo.

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.