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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.

Detroit convention center to get upgrades for auto show

For now, the Motor City will retain its spot on the calendar of international auto shows, as plans to upgrade the aging convention center where it's held annually will move forward. A $300 million deal to renovate and expand the nearly 50-year-old Cobo Center in Detroit is set to proceed after an Aug. 1 deadline to scuttle the plan passed without opposition from local officials.

Jaguar F-Type Coupe caught on video at Nurburgring

The Jaguar F-Type Coupe (pictured) testing at the Nurburgring The new Jaguar F-Type is a fine looking car, but the F-Type Coupe looks set to be the real looker, and we shouldn’t have to wait too long before the coupe hits a motor show (probably Frankfurt in September). Ahead of that reveal – with a likely on-sale date of early 2014 – Jaguar are out playing with the F-Type Coupe at the Nurburgring, blatting it round the ‘Ring’s unforgiving surfaces and bends to shake the last niggles out before launch. This particular F-Type is undoubtedly the V8 S – which we expect will get the same 495bhp output as the V8 S Roadster – and it sounds great; a wonderful V8 roar as it pounds round the track.