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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.

Consumer Reports releases 2013 reliability rankings

Japanese brands continue to dominate the Consumer Reports Annual Auto Reliability rankings, while some European brands gained and Ford Motor Co. continued to rank near the bottom of the industry. Lexus, Toyota and Acura swept the top three spots in the 2013 rankings and Japanese brands took seven of the top 10 places.

Mazda Minagi concept

Mazda is set to reveal a new concept at the 81st Geneva motor show in March. Called the Minagi, the concept previews a new entry-level compact crossover, which will likely be called the CX-5 when it makes its production debut in Frankfurt later this year. The compact SUV is alleged to 'fully embrace' both Mazda’s Skyactiv technologies as well as the Kodo design language that debuted on the Shinari concept late last year.