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2011 New York auto show: Day 1 wrap-up

Day one of the 2011 New York auto show is in the bag, and If you haven't been following our coverage, here's a look at what the autoweek.com editors and contributors enjoyed on Wednesday. Want even more? Follow us on Twitter for the very latest from the show floor, and the afterparties.

New Lamborghini 700hp V12 revealed

The New Lamborghini V12 for the Murcielago's replacement It certainly makes a change to get something official from Lamborghini on the replacement for the Murcielago. I think we’d prefer it if  we were something we’re not sure of like the name, for example. So far we’ve had Jota and LP700-4 and this weekend we had Lamborghini Aventador, and we’ll probably get more before the Murci’s replacement arrives at Geneva 2011.

General Motors' small Cadillac will take aim at the BMW 3-series

The new Cadillac model that General Motors announced today will be aimed at the smaller models produced by BMW, Mercedes-Benz and other luxury brands. The rear-drive Cadillac is expected to be called the ATS and to arrive in showrooms in 2012 or early 2013, according to industry sources. “We will have a car positioned below the CTS in our lineup to compete with the BMW 3 Series and Mercedes-Benz C class.,” said Nick Twork, a Cadillac spokesman, during a telephone interview.