Report: Tesla Awarded $1.3 Billion Tax Break for Nevada Gigafactory

Nevada is welcoming Tesla with open arms. The state’s legislature unanimously approved a measure to give Tesla as much as $1.3 billion in tax breaks as a part of the deal to build the electric automaker’s so-called Gigafactory in Reno. According to Bloomberg¸ the proposed bills were passed and signed into law in a matter of minutes. The law will allow Tesla to escape state sales taxes for 20 years, while property and business taxes won’t be required for a period of 10 years. Tesla’s decision to build its lithium-ion battery manufacturing plant in Nevada is expected to bring 6500 jobs paying at least $25 an hour, and should generate $101.6 billion in revenue over the next 20 years, Bloomberg reports. Panasonic has committed to help build the factory as
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Report: Marchionne to Ramp up Ferrari Production

Even though Luca di Montezemolo’s time atop the prancing horse doesn’t officially end until October 13, Ferrari chairman-to-be Sergio Marchionne announced plans to increase the brand’s production volume. Bloomberg reports that Marchionne, who will take over next month as Ferrari’s leading man, wants to meet demand from a growing contingent of fat-walleted consumers. “If that class increases, we should be able to follow them,” Marchionne told reporters at a function in Balocco, Italy. “[If not], the waiting list will become too long, and people get tired.” Not caring if people tired of waiting in line, di Montezemolo was adamant that keeping production volumes low would maintain Ferrari’s exclusivity and defend the market from dilution. “A Ferrari is like a beautiful woman, she must be worth waiting for and desired,” di
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2015 GMC Sierra 1500 Adds Carbon Edition Trim Package

Carbon fiber is usually the domain of high-end sports cars, but now it’s coming to a pickup truck — at least in graphic form. The 2015 GMC Sierra 1500 will receive three versions of a new Carbon Edition package that feature faux carbon fiber decals. The 2015 GMC Sierra SLE double cab and crew cab can be equipped with the Carbon 22 Edition package, which begins with 22-inch black wheels, a black-painted grille, black tubular side steps, and carbon fiber-look graphics on the hood and tailgate. Fog lights, remote start, a universal garage door opener, a 110-volt power outlet, and dual-zone climate control are also included as standard. The Carbon 22 Edition starts at $42,270, including destination. The 2015 GMC Sierra SLE also offers the Carbon 20 Edition package exclusively
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576-HP HSV GTS Maloo Is a Different Kind of Sport Ute

With GM’s Australian manufacturing set to shut down by 2017, the Holden Special Vehicles (HSV) performance division is looking to go out with a bang. The company’s latest creation (which may be one of its last) is the HSV GTS Maloo, a 576-hp beast that’s quintessentially Australian thanks to its Ute bodystyle and undeniable tire-shredding potential. The standard Holden Maloo is the Ute version of the rear-wheel-drive Holden Commodore sedan, meaning that it replaces the rear seats and trunk with a covered truck bed. Hotted-up Utes aren’t a new idea in Australia, but this HSV GTS takes things to a new level with its 6.2-liter supercharged LSA V-8 engine that makes a lofty 576 hp and 545 lb-ft of torque. That’s more than enough to smoke the Maloo’s rear tires,
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New Tank-Like Batmobile Unveiled on Twitter

“Batman V Superman” may not premiere until 2016, but that hasn’t stopped movie director Zach Snyder from continuing to tease us with photos of the new Batmobile, which has just been fully revealed on Twitter. The movie director first teased us with a couple shadowy images of the Batmobile back in May, but he didn’t reveal too much since it was partially covered up. Now that we’ve gotten a much better look at Batman’s armored ride, we’re even more curious about the upcoming movie, which is scheduled for release sometime in 2016. Although it looks different from Christian Bale’s Batmobile, it still maintains its wide-set rear and large tires situated way outside the body of the vehicle, er tank. While the guns up front are something new, traditional styling elements
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2016 Audi TT, TTS First Drive

Calling the TT a “sporty” car not a “sports” car sounds rather gratuitous.  In any event, your favorite “sports” cars, the Boxster, Cayman, and Z4, sit undriven for at least four months of the year because no one wants to cope with their behavior on my region’s wintry roads.

2014 Mercedes-Benz CLA45 AMG: Around the Block

Mercedes-Benz is recognized as a maker of some of the industry’s most refined and luxurious automobiles. So what happens when performance division AMG goes wild on the company’s new economy-platform sedan? We’re sure happy we got a chance to find out. There’s no use trying to establish a raison d’etre for the 2014 Mercedes-Benz CLA45 AMG, the hopped-up, high-performance version of the German automaker’s popular new entry-level sedan. It’s not as complete a performance car as the outgoing C63 AMG, it lacks the effortless luxury character of other Mercedes-Benz offerings, and with optional equipment it quickly escalates to twice the price of the relative-bargain $30,000 CLA250. So why can’t we stop thinking about our drive the 2014 Mercedes-Benz CLA45 AMG? Because it makes us feel reckless and alive. Arrogance of
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Big Dreams for Bentley Begin with an SUV

For the second time in less than two years, Wolfgang Dürheimer is again the CEO of Bentley and Bugatti, after a brief interlude as Audi’s RD chief and head of motorsports activities. Back at the winged B, he’s looking to add new models in a bid to take volumes even higher. The first is the Bentley SUV, the development of which began during Dürheimer’s first tenure. (Shown above is a rendering of the SUV from our Sneak Preview story.) Come 2016, Bentley plans to build at least 3000 examples of the new entry. “The Geneva Show [concept] car was a provocation,” admits the CEO, “but I’m proud of it. Since design is an evolutionary process, the front and rear ends have since been changed. We did however retain the trademark
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