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One Lap of the Web: New Transformers, home-built cars and two Mercury Marauders

We spend a lot of time on the Internet -- pretty much whenever we're not driving, writing about or working on cars. Since there's more out there than we'd ever be able to cover, here's our daily digest of car stuff on the Web you may not otherwise have heard about. -- Michael Bay has been releasing the cars of “Transformers 4” for the past couple of months, and the latest one to be revealed is the Pagani Huayra (“why-ra”).

Cobra Tag keeps track of your stuff

Your smartphone can locate the nearest sushi restaurant. It can stream live television. It can facilitate a Scrabble game with your friend who lives in a different state.

The Hongqi L5 is the most expensive Chinese car you can buy

China's oldest car company rolled out its first vehicle on Aug. 1, 1958; it was a chrome-lined black sedan designed -- like the pastiche of 1950s cars it resembled, including the Packard-esque Chaika -- to strike equal amounts of fear and inspiration into the revolutionaries. In Chinese, "Hongqi" in means "red flag," the most potent symbol of the Chinese Communist Party, making it a fitting name for a company that supplied the apparatchik.