All you Lamborghini Gallardo fans out there, it is time to say goodbye to your favourite Lamborghini for the Italian luxury sports car manufacturer is now all set to retire the iconic car by the end of 2013. Named after a famous breed of fighting bull, the V-10 Gallardo has been Lamborghini's sales leader and stable-mate to a succession of V-12 flagship models—first to the Lamborghini Murciélago, then to the current flagship Lamborghini Aventador. The latest in the Gallardo line-up, the LP-560-4 will be the final Gallardo to be sold with the tag after which it will be retired and a replacement will take its place. The year 2013 will mark a decade of the Gallarado's reign, at the end of which the company will launch its replacement. The company will however continue selling the old Lamborghini Gallardos. The coupe, introduced in 2004, saw a number of upgrades and special-edition models, including a facelift revealed in September. Now, the marque has confirmed that its entry-level supercar will reach the end of its life cycle in 2013. A company official said about the coupe, “It’s been a crazy beautiful ride for the past decade. And now the last Gallardo is here, the final masterpiece of the collection.” And though the Lamborghini Gallardo marque's retirement has been announced, it is yet not clear that which car will replace it. However, reports suggest that the replacement could wear a Huracán, Cabrera or Deimos badge.

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