Conor Daly, 21 year-old son of driver and TV commentator Derek Daly, looked good in his first audition in A.J. Foyt’s Dallara-Honda in IndyCar testing at Sebring. This story and more in today’s Executive Briefing. John Hendrick/IndyCar photo   

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+   New car sales in the European Union are now at their lowest point in 19 years. More here at Bloomberg.com. 

+   Nexteer Automotive (once Saginaw Steering) is investing $70 Million and adding 325 jobs to its Saginaw County, Michigan plant. More here at MLive.

+  The struggling China division of Daimler AG has a new boss: Hubertus Troska, former Mercedes-Benz truck chief. More here at the South China Morning Post. 

+   Penske Racing veteran Will Power was quickest, but rookies Tristan Vautier and Conor Daly were impressive in Izod IndyCar Series testing at Sebring last week. More here at Racer. 

+   Ford is talking to the EPA about the suddenly controversial fuel mileage ratings for its Fusion and C-Max hybrids. More here at the The Washington Post. 

+   French F1 driver Roman Grosjean has won the Race of Champions in Bangkok, Thailand. More here at Yahoo! Sports Singapore. 

+   Chrysler is seeking tax incentives for its Kokomo, Indiana transmission plant and for a never-completed plant in nearby Tipton. More here at the Detroit Free Press. 

+   Evgeny Novikov and Thierry Neuville will run the entire World Rally Championship season in 2013 with the Qatar M-Sport team. More here at Crash.net.  

For the previous Executive Briefing from Dec. 14, click here.

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