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First no Facebook, now no Super Bowl, as General Motors (GM -1.6%) decides advertising in next...
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Friday, May 18, 2012, 3:23 PM ETFirst no Facebook, now no Super Bowl, as General Motors (GM -1.6%) decides advertising in next year's Super Bowl would prove too costly. GM is in the process of evaluating all its media properties in an effort to maximize the efficiency of its ad budget, but the automaker says it isn't cutting back; GM spent $4.47B on advertising last year.
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GM is selling more cars per month in China than the USA. That's their future and where they'll spend their ad dollars.
Full disclosure: I wouldn't own a GM car if it was given to me. Let the unionists carry the company.
Cars designed by a committee of union leaders and government bureaucrats...I'll pass!!!!
- When you make a good product !