Turkey’s Inci aims to be top 100 supplier by 2023

Turkish conglomerate Inci Holding aims to be one of the world’s top 100 automotive suppliers by 2023 with sales of $2 billion, up from the equivalent of $496 million in turnover last year.

BMW promotes two European execs to key U.S. roles

BMW appointed two European executives to key roles in the United States as the company reshuffles its senior management to counter a surge by Mercedes, which is on course to topple the Munich-based automaker as the market’s luxury leader

Mercedes sales rise 11% in November on robust China, U.S. demand

Mercedes brand’s global sales grew 11 percent last month to a record 133,441 cars, thanks to demand for its refreshed E class, new compact models and strong sales in China and the U. S.

Italy slump continues as November car sales fall 5%

New-car sales in Italy fell 5 percent in November continuing a slump in deliveries in Europe’s fourth-largest car market.

Audi CEO Stadler aims at next target: 2 million sales

Despite tough conditions in Europe, Audi CEO Rupert Stadler says the brand is determined to reach annual global sales of 2 million vehicles by 2020 and take the lead in the premium segment.

Saab focuses on China as production of 9-3 sedan restarts

Saab’s new owner, National Electric Vehicle Sweden, has restarted series production of the 9-3 sedan. Sales will be ”initially focused” on China, the company said.

Volvo hires WPP’s Grey London for global creative ad account

Volvo Car has chosen Grey, London, as its new global creative agency effective January 1, a top company executive said. The account shift will include Volvo’s $50 million creative business held by Havas-owned Arnold in the United States.

Toyota Verso to get BMW diesel

Toyota expects the addition of a BMW-sourced diesel will make it more competitive in Europe’s compact minivan segment. Starting in February, the Toyota Verso will be offered with a BMW 1.6-liter diesel.

BMW and PSA will review engine alliance next year, Reithofer tells paper

BMW and PSA/Peugeot-Citroen will review their partnership on small gasoline engines next September, BMW CEO Norbert Reithofer told a French newspaper

German carmakers look abroad to boost production

German carmakers’ output is forecast to rise in 2014, driven by overseas production. Vehicle sales in China are set to rise to 17 million next year, while U.S. sales may increase to nearly 16 million, lifting German companies’ overseas aspirations

German car sales set to grow in 2014, VDA says

Car sales in Germany will recover next year even though November registrations showed a 2 percent decline, industry association VDA said.

Lamborghini parts ways with U.S. boss

Lamborghini’s top U.S. executive, Michael Lock, has left the company. Lock had been COO of Automobili Lamborghini America since last January. Before joining Lamborghini, he was chief marketing officer of Norwegian EV manufacturer

BMW i3 London test drive easier to arrange than expected

BMW says it will take months to get through its waiting list of people in the UK who want to test drive the new i3 electric car, but I was able to arrange a test drive in London in a fraction of that time