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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.

New BMW M video tease. Is this the BMW X6 M50d?

Is this a tease for the BMW X6 M50d? BMW has released a teaser video for a new M model X6, which we’re assuming is the X6 with the new three stage turbo diesel – perhaps the BMW X6 M50d? We’ve recently had confirmation that BMW are going to create a diesel version of the M5 – the M550d – and we expected BMW to use the same engine to create diesel M versions for the X5 and X6.

Hearst moves Road & Track

New York publishing house Hearst says it will move the Road & Track magazine editorial offices from Newport Beach, Calif., to Ann Arbor, Mich., home of its other auto-magazine title, Car and Driver. Additionally, Larry Webster has been named editor in chief, replacing Matt DeLorenzo. Webster had been automotive editor of Hearst's Popular Mechanics since January 2010 and before that was the Detroit editor for Popular Mechanics.