GM cuts Facebook ad spending, but Ford steps on the gas

On the eve of Facebook's wildly anticipated initial public stock offering, General Motors said May 15 that it will stop buying advertisements on Facebook--about $10 million a year--but "remains committed" to the social network as part of "an aggressive content strategy with all our products and brands." In other words, GM will not pay Facebook for ads but will continue to maintain content, for which Facebook doesn't collect revenue. News of the decision was reported in The Wall Street Journal. But GM's position is far from universal.

The Leko – a new car from IKEA? – Not a chance!

A new site claims IKEA is about to launch a car - on the 1st April! [ad#ad-1] The latest silly site to go (semi) viral online this week purports to be teasing a new car from IKEA, that hell of  a flat-pack, windowless, clockless shopping experience where the only instructions you get for assembling your insane purchase are a set of pictures on a big sheet of paper, that seemingly have no resemblance to the contents of the package you’ve been stupefied in to buying. Now on the face of it this is perhaps plausible.

Ford, NHTSA investigate wheel studs on Fusion, Mercury Milan

The National Highway Traffic Safety Administration has upgraded an investigation into complaints about the 2010 Ford Fusion and Mercury Milan sedans to an engineering analysis, one step closer to a recall. The investigation of 317,315 cars results from claims of fractured wheel studs, which could cause a wheel to come off. Ford's investigation is ongoing and no recall has been announced.