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BMW to build Gran Coupe to challenge Mercedes-Benz, Porsche

BMW will build its Gran Coupe concept car, the company's development chief Klaus Draeger said. The production Gran Coupe will rival luxury coupe-styled four-door cars such as the Mercedes CLS, Audi's upcoming A7 and the Porsche Panamera. The concept was unveiled at the Beijing auto show in April.

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.

New Mercedes B-Class Electric Drive goes in to production

The first Mercedes B-Class ED (pictured) rolls off the production line in Rastatt With the BMW i3 grabbing headlines – and flying out of showrooms – as BMW’s first electric car, Mercedes need to play catch-up with a convincing EV of their own, and that’s the new B-Class Electric Drive – an EV version of the regular B-Class – which has now gone in to production in Germany. Built alongside regular ICE versions of the B-Class at Mercedes’ Rastatt Plant, the B-Class ED (Electric Drive) looks practically the same as its more conventionally powered siblings – although the front bumper does look a bit different – and has an electric motor good for 177 bhp and 250 lb/ft of torque, can manage a scoot to 62 mph in 7.9 seconds and has a range of up to 124 miles. The range – at least the quoted range – is a chunk better than the BMW i3′s and on a par with the latest Nissan LEAF, thanks to EV technology provided by Tesla, and the wrapping of an EV drivetrain in a conventional series production car could appeal to more buyers than the ‘statement’ design of the BMW i3.