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GM cuts Facebook ad spending, but Ford steps on the gas
Wed, 16 May 2012On 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.
Range Rover Evoque Sport to get new 3.0L V6 Supercharged
Fri, 29 Jun 2012Reports suggest that Land Rover will bolt the new Jaguar 3.0L V6 Supercharged in the Evoque to create the Range Rover Evoque Sport. We’ve been mulling the probability of a Range Rover Evoque Sport since last year when we asked whether the inevitable Sport version of the Evoque would come with a turned-up Ecoboost lump or whether it would get the new Supercharged V6 Jaguar are putting in their cars. Last month we looked at the Evoque Sport again after it was revealed that Land Rover Design Director Gerry McGovern has been driving round in an Evoque with an EcoBoost engine running at around 300bhp, suggesting the Ecoboost was perhaps the favoured option.
Audi R8 Spyder raises £620k for Elton John AIDS Foundation
Mon, 27 Jun 2011Elton, David and the man from Audi with the chromed R8 Spyder The Elton John AIDS Foundation (EJAF) needs no big introduction from us, especially to regular readers. Quite simply, it’s an astonishingly generous charitable foundation founded by, and driven ever on, by Elton John, and it’s raised getting on for £50 million since Elton founded it in 1993, thanks in no small part to Elton’s generosity with his royalties (always making sure he has enough left over for flowers, of course). And as it’s Elton who’s the heart and soul of the EJAF, fund raisers tend to be a little more interesting than a bring and buy stall on the local village green.