BUSH SIGNS AUTO LOAN PACKAGE

WASHINGTON, DC -- President George W. Bush on Tuesday signed into law
a mammoth spending bill that includes a $25 billion loan package for
troubled automakers.

The bill sets aside $7.5 billion in taxpayer funds needed to guarantee
$25 billion in low-interest loans to help General Motors Corp, Ford
Motor Co and Chrysler LLC produce more fuel-efficient cars and trucks.

U.S. automakers have said the taxpayer-backed loan package would give
them access to capital at a time when credit markets are shut and they
are being driven to invest in new technologies to meet tough new
federal fuel economy standards.

The $25 billion loan package, the biggest federal subsidy for the auto
industry since the 1980 bailout of Chrysler, cleared Congress last
weekend when the focus was on the debate over the $700 billion
financial rescue package.

Both presidential candidates, Democrat Barack Obama and Republican
John McCain, backed the auto loan package, which had strong support in
battleground election states like Michigan and Ohio.

Nissan GT-R SpecM

Nissan Motor Corp (NMC) was so proud of the GT-R. Imagine, this year they have developed the sport sedan and produces two variants, each GT-R SpecV and SpecM. Even the final exhibition will be on display at the Tokyo Motor Show, Japan, the end of this October.
Photo from worldcarfans.com

Nissan GT-R R35 was introduced late 2007. Until now, NMC has made improvements. Result, this year they have two GT-R models, namely SpecV and SpecM, which was introduced at different times. Kazutoshi Mizuno development project leaders as not many comments about the sports car.

Clearly, the GT-R next year SpecV marketed only for the domestic market (Japan). Because this car for speed enthusiasts, the focus of reform is done by reducing the weight, use of a new suspension system, and improvement on the wheel, the new program in the form of Transmission Control Module (TCM), and dual clutch transmission with 6-speed.