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Hennessey Performance CTS-V wagon breaks its own record at the Texas Mile

Everything's bigger in Texas, and it appears everything's faster, too. John Hennessey and his company, Hennessey Performance, brought its tuned-up, 707-hp Cadillac CTS-V wagon--a.k.a., the Hammer Wagon--to the Texas Mile and posted a one-mile speed of 189.7 mph, a new record for the car. And that wasn't even terminal velocity, according to Hennessey.

Lincoln opens first dedicated design studio for 40 years

Ford has opened the first dedicated Lincoln design center for 40 years in Dearborn, Michigan, as part of its ongoing brand reinvention. Last August Ford announced it would be creating the studio for its luxury brand as well as increasing spending, giving it unique interiors and powertrains in an effort to differentiate it from the core Ford offerings. The Lincoln Design Studio has been built on the campus of Ford's Product Development center and houses designers, sculptors, modelers and engineers who make up part of a larger Lincoln Product Development team that will create four new Lincoln vehicles by 2015.

BMW Vision Gran Turismo: Coming soon to a console near you

BMW's Vision Gran Turismo will be hitting TV screens across the world on 6 December as it joins the growing list of cars featured in the next Gran Turismo racing sim game for PlayStation. The sports coupé was created using cues from BMW's racing experience while the aerodynamic elements were developed using the carmaker's knowledge from the racetrack. It looks like the lovechild of a 6-Series and one of automotive futurist Daniel Simon's creations – in a good way.