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U.S. sales of quirky 5-series GT disappoint BMW

BMW's 5-series Gran Turismo was meant to be a stylish alternative to minivans and crossovers when it debuted in November 2009. But sales of the tall, quirky five-door have been disappointing. Now, BMW of North America CEO Jim O'Donnell says he wishes the company hadn't stopped selling the 5-series wagon in the United States last year.

News watch December 2012: today's auto industry news

Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hour Monday 31 December 2012• Despite reports earlier this month that shareholders valued Mercedes-Benz at half that of its luxury rival BMW, Mercedes CEO Dieter Zetsche has remained bullish about his ambitious targets for the carmaker's growth. 'I am confident that we will be ahead of our rivals by 2020 at the latest,' he told German newspaper Boersen-Zeitung in an interview.

Win a new Jag XJ – update with Piers Morgan

Piers Morgan is encouraging us to buy tickets to win the first new XJ off the production line. A couple of weeks ago we reported that Jaguar are running a competition to win the very first new XJ to come of the production line. It may be true that the competition will give Jaguar a bit of publicity for the new XJ, but it’s also true that the real beneficiaries of the competition will be the NSPCC.