This just came up in my weekly Colorado Cyclist e-mail.
It's the new Rola NV2 hitch-mounted bike rack. It's design allows for you to "collapse" it and then open the rear hatch.
Thought it was pretty cool, so figured I'd share. Item description:
The Rola NV2 is the ideal bike rack for modern bikes. Whether your bike is a lightweight carbon frame with a sloping top tube, a full suspension mountain bike with beefy square tubing, or even a kid's bike, you'll be able to mount it securely and level by the wheels, instead of the frame. The cradle arms open to a 'V' to accommodate two bikes of any size. When not in use, the arms fold flat for easy access to your tailgate or trunk. Security loops attached to the arms are designed to work with a cable lock to secure your bikes. Additionally, rear mount bike racks drastically improve gas mileage and keep your bikes free from bugs and debris. Reversible draw bar 'flip-flops' to fit either 2" or 1 ¼" receiver. At 28 lbs, the NV2 is almost 10 lbs lighter than average hitch mount racks.