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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.

Toyota ends powertrain deal with Tesla

To the surprise of no one, Toyota has announced the end of a partnership with Tesla that gave rise to the slow-selling RAV4 EV, which will be replaced by a fuel cell car next year. Toyota has said that it can't meet California's zero-emission vehicle (ZEV) mandate profitably with electric cars, but it thinks it can make money, or at least not lose so much of it, with fuel cells. Toyota signed a $100 million joint development deal in 2011 with Tesla, to build powertrains for its RAV4 EV.

Ferrari FF gets 875bhp with E85 conversion

Ferrari FF E85 conversion gets 875bhp If the performance of the Ferrari FF with 650bhp isn’t enough for you, how about a bio-ethanol (E85) conversion with 875bhp? Despite Ferrari anoraks claiming the Ferrari FF isn’t a real Ferrari, we think it’s stunning. With a glorious V12 producing 650bhp, 0-60mph in 3.7 seconds, room for four – and their luggage – and a go-anywhere 4WD system, we think it’s a masterpiece.