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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.

BMW releases M Performance accessories for 2014 X5

BMW has debuted a choice of M Performance parts for its 2014 X5 SAV -- that would be Sports Activity Vehicle as BMW prefers to call it. M Performance falls between the entry-level M-sport trim line, and the M cars themselves. With M Performance parts, owners can tailor the look of their cars with factory supplied exterior and interior trim and parts, in addition to performance modifications.

Toyo recalls more than 66,000 tires for defect

Toyo Tire said on Wednesday that it is recalling more than 66,000 tires because of a possible defect that could lead to tire failure. The company will recall the P225/60R-16 Extensa A/S tires that were distributed in the United States from Sept. 20, 2009, to Nov.