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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.

Lexus LF-A still on the cards

With the car world in turmoil, and buyers running scared of high performance cars, most of the car makers around the world are shelving their high-end projects until things settle down. Honda has announced that it has put its NSX replacement on ice (although it is apparently still going to show it at Detroit) and other manufacturers are concentrating on their frugal products. But Toyota is taking a different tack.

One Lap of the Web: One lap of the 'Ring in a Lamborghini Cabrera

-- Ever wondered how a 2013 Audi S3 would stack up against a 1983 Audi Sport Quattro on a rally circuit? So have we, but unlike us, Audi actually has the means to make the two cars go head to head. And, of course, they've filmed it all .