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According to the White House, American automaker Ford Motor Company has received a loan of $250 million (£158 million) from the U.S. Export-Import Bank.  The $3.1 billion in the entire loan amount will enable Ford to sell the 200,000 units of US-manufactured Ford vehicles in Canada and Mexico and double the company’s exports towards the next five years.

This is good news of all the U.S. manufacturers despite of what industry they are in.  The low interest loans of the U.S. Export-Import Bank can help them drive export deals upward.  During half of the fiscal year 2010 the U.S. Export-Import Bank has already loaned out around $17.4 billion.

The announcement of Ford’s loan took place when President Barack Obama visited Ford’s plant in Chicago, Illinois where the famed 2010 Ford Explorer is set to be assembled in the later part of the year.  The Ford Plant in Chicago is also set to give employment to almost 1,200 people. The automaker has been able to retool their assembly plant using the $5.9 billion in low interest loans that the U.S. Department of Energy granted to them.  The president aims to increase the manufacturing jobs in the United States by doubling their exports in the next five years.

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In this word, there is a hell of a lot of talk about the 2010 Ford Mustang GT.  This is a car that is not only one of the fastest on the market, but people are constantly – and I do mean constantly putting it down.  They do not like how it looks, how it feels, how it overall performs.  You know what I think?  I think that the people who can afford the 2010 Ford Mustang GT – love it.

However, when you compare the 2010 Ford Mustang GT to any other car of its class, there might be a few things wrong with it.  However, that does not mean that you need to diss it all of the time or completely break it down right?  The 2010 Ford Mustang GT is a car that was designed to be fast, be pretty and certainly be one of the most stylish cars out there.

So haters?  Knock it off, the 2010 Ford Mustang GT is here to stay and I am very, very glad about that!

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The sports car inspired hot rod of Harry Willet bagged the top honors in the recent National Roadster Show. It bested a very strong field of 14 cars in one of the most coveted car shows in the US.

The show was traditionally held in Oakland but was moved to Pomona in 2003. Through the years, hot rods have never failed to please crowds and this year was the biggest ever—with the biggest crowd and highest number of entries.

Car enthusiasts trooped to the venue to see the AMBR or what it America’s Most Beautiful Roadster. The winner of this category is similar to winning the Nobel Prize or the gold medal in the Olympics for hot rods.

The list of cars is trimmed down. This year 700 cars were judged and only over a dozen competed for the honor of the AMBR.

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Where have all the Stangs go? They ask. Total Performance Inc. has the answer. With its Pit Viper Mustang, the company will take the market back to the Mustang fever with installations ready for the future.

A 1967-68 Mustang, the Pit Viper is developed from an original, not cloned one, fastback Mustang. It has a 4-barrel carburetor containing ram air. This is why it has a 580 horsepower, 427 cubic inch, 540-lb-ft V8 sucking air and fuel.

The Pit Viper’s 6-manual transmission facilitates power transfer to its wheels. With a variety of higher installations, the recent upgrades such as the Supertrap dual side exhaust and coilover shocks have far improved its performance. It also has fourteen inch Baer brakes.

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Record plunge in sales and tight cash flow situation, big car manufacturers like GM, Ford, and Chrysler are pleading for help from the US federal government. They need billions more in addition to the $25 billion loan to build more fuel efficient cars.

Democrats in Congress are pushing for a bill that will release a $25 billion loan for the big car companies in exchange that they will give the government ownership stakes. They are hoping for the fast passage of the auto bail out bill.

The plan is to get a chunk from the $700 billion allocated for the Wall Street life line to help the big car manufacturers. The White House has declared that it is open to the idea. President-elect Obama calls for more help to be given to the soul of US manufacturing.

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