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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.

Mercedes S-Class Convertible confirmed

The Mercedes S-Class Convertible will be based on the S-Class Coupe (pictured) The new Mercedes S-Class has already arrived, and we’ve also got the new S-Class Coupe (in concept form, at least) with the next variant of the new S-Class now looking likely to be the Mercedes S-Class Convertible. We’ve known since 2011 that Mercedes were planning to chop the top off the S-Class for the first time since the W111 S-Class in the 1960s, but this is the first time anyone from Mercedes has officially confirmed it. Thomas Weber, Mercedes’ product development boss, has told Automotive News that the S-Class Convertible is on the way and will be based on the new S-Class Coupe.

Ford posts best June sales performance in down market

In a month of sandbagged auto sales, Ford was the clear winner. The Blue Oval posted a sales decline of “just” 10.7 percent in June, in a market that fell nearly 27.7 percent. It was by far the best showing of any major carmaker, helped by strong sales of its Fusion sedan and Escape crossover.