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Are Peugeot Citroen set to be bought out by GM?

Could GM take control of Peugeot Citroen? Last year we reported that Peugeot Citroen (PSA) and GM were forming a joint alliance to cut costs and develop new cars. But we questioned if the small savings of €2 billion a year from jointly developing new platforms and engines would do anything to stem the losses both companies were facing in Europe, and wondered if the only solution was a merger.

Honda reportedly plans electric car for '15

Honda could be joining the growing ranks of electric-car makers and reportedly plans to sell one in the United States sometime around 2015. Reports in the Nikkei Business Daily in Japan say that the car would arrive then as part of Honda's plans to meet stricter mileage standards set to take effect for the 2016 model year. The car would be Honda's answer to the Nissan Leaf and the Chevrolet Volt, which have announced eye-popping mpg figures and are due next year.

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.