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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.

Who's Where: Larry Erickson named Chair of Transportation Design at CCS

The College of Creative Studies (CCS) has named Larry Erickson as the Paul and Helen Farago Chair of Transportation. As chair, Erickson will lead the College's Transportation Design department, a role previously occupied by Bryon Fitzpatrick who retired in the summer of 2007. Mark West has led the department for the last academic year as the interim Chair of Transportation Design.

Ownership costs of traditional versus alternative fuel vehicles

As gas prices remain high, and an increasing number of automakers roll out plug-in hybrid cars and full-electric vehicles, it's becoming easier to be tantalized with the idea of driving right past the gas station and simply "plugging in." The debate ensues when it comes to cost: These alternative fuel vehicles mean a larger outlay of cash at the onset, but the long-term fuel savings could make the purchase worthwhile. To help straighten out this numbers game, we use the Department of Energy's Vehicle Cost Calculator to compare alternative fuel vehicles with their gasoline-only counterparts. For each scenario, we assumed that our hypothetical owner was able to get the full $7,500 federal tax credit and a $2,500 state tax credit, such as is available in California.