Lamborghini Sesto Elemento is official – just 20 to be built

Lamborghini Sesto Elemento - it's official Perhaps the worst-kept secret at Lamborghini has been production confirmation of the Sesto Elemento, the ultra lightweight supercar Lamborghini revealed at the Paris Motor Show this time last year. As long ago as November last year we had the news that the Sesto Elemento would go in to production after a French car news site reported that Lamborghini would be building a very limited run of the cars at €2.5 million each. By May of this year we knew that Lamborghini had already started getting the Sesto Elemento ready for the first customers, and we reported that the first cars would be heading for customers by October this year at a more reasonable €1.9 million – although that’s October in Italian terms, so anything up to next Spring is possible.

Pandora now available for 2011 BMW models

A free Pandora Internet radio iPhone app is now available for 2011 BMW models that use the BMW Apps feature. Popular features available through the app include access to existing stations, creating new stations, the ability to thumbs-up or thumbs-down tracks and the option to bookmark songs. To stream Pandora, the iPhone is linked to the car via a USB cable or through the center armrest with an available snap-in adapter.

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.