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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.

Luxury cars still in demand

DEMAND remains strong for upper executive, sports and luxury cars says British Car Auctions (BCA), as buyers continue to support the company’s programme of Top Car and Executive sales. In the first half of the year, BCA sold 8,356 cars valued in excess of £20,000, worth a combined £231.4 million. Across the board BCA has averaged 102.57% of CAP Clean for cars sold for £20,000 or more in 2012.

Jeep previews Wrangler and Cherokee Easter Jeep Safari concepts

Jeep has just released the first teaser images of the Cherokee Dakar and Wrangler Mojo concepts, prior to their debut at the 2014 Easter Jeep Safari in Moab, Utah. The Wrangler Mojo features an orange and black exterior with a redesigned front bumper, a blacked-out front fascia and high profile off-road wheels that are just the thing for traveling around the rock formations of Moab. No details just yet on how Jeep has tricked out the interior of this one, though we expect it'll carry on the orange exterior and black design theme.