tl dr: No. Not a driver/drill as you've described.
Usually, hand tools are used for the tightening of lugs, then followed with a torque wrench to ensure accuracy in getting the wheels onto a vehicle. This is not only the preferred method, but how it should be done.
There is one caveat ... if you use torque sticks, you can use an impact gun. A torque stick is a device which, when the lug gets to the specific torque needed, will give enough to not tighten any more. They are magic, but work perfectly. You'll see tire shops use these because it saves a lot of time.
UPDATE:
Here is a link to the Torque-Stick site. I'm only including it for reference to what I'm talking about.