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Cadillac sets the base price for the 2011 CTS-V wagon at $62,990

Prices for the 2011 Cadillac CTS-V wagon will begin at $62,990, including destination charges. Available with either a six-speed manual or a six-speed automatic transmission, the CTS-V is powered by a 6.2-liter V8 delivering 556 hp and 551 lb-ft of torque. Options include Recaro heated and ventilated driver and front-passenger seats ($3,400); 19-inch aluminum wheels ($800); midnight Sapele wood-trim package ($600), and a suede steering wheel and shifter ($300).

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.

Wayne Cherry receives Lifetime Achievement Award at EyesOn Design 2013

Renowned car designer Wayne Cherry was honored with a Lifetime Design Achievement Award at the EyesOn Automotive Design Exhibition at the Edsel and Eleanor Ford House, Michigan. The former GM vice president of design was chosen by a panel of his fellow designers for the honor after a 42-year career with the carmaker, during which he was involved in the design of over 80 concepts and more than 90 production vehicles. Only vehicle designers who have previously won the award are allowed to vote, with this year's panel including Chris Bangle, Walter de'Silva, Tom Gale, Giorgetto Giugiaro, Chuck Jordan, Robert Lutz, Shiro Nakamura, Chuck Pelly, Sergio Pininfarina and Jack Telnack.