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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.

Camouflaged Cadillac ELR spotted on the road

Autoweek reader Josh Lindquist recently snapped these photos of what may be a camouflaged Cadillac ELR cruising around metropolitan Detroit. While the photos don't show the car from every angle, its lines are strikingly similar to those on the ELR featured on Cadillac's official Web site. The ELR first appeared as the Cadillac Converj concept in 2009.

2014 Nissan Versa priced at $12,780

The 2014 Nissan Versa with a five-speed manual transmission -- at dealerships today -- will set you back $12,780, including $790 for destination. Stepping down to a four-cog automatic will cost a grand more. For that price -- the lowest in America, by the way, more on that later -- buyers get a 1.6-liter DOHC four-cylinder engine, available air conditioning, six-way adjustable driver's seat, and a radio with an auxiliary input.