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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.

Porsche 911 Targa (2006): first official pictures

By Phil McNamara First Official Pictures 21 August 2006 10:19 Here's yet another new 911 – the glass roof Targa version. A new development is that the 997 Targa is only available with four-wheel drive, unlike previous models. As a four-wheel drive model, the Targa gets the flared 911 body, to cover its wider track.

2013 Honda Fit EV sales expand to East Coast

Honda is expanding leases of its Fit EV from the left-coast bastions of Oregon and California to the East Coast markets of Massachusetts, Connecticut, Maryland, New York and New Jersey. Eco-minded East Coasters still can’t buy the car outright, but they’ll now be able to lease the electric Fit for three years at a cost of $389 per month. The Fit EV has a mpg equivalency rating of 118 and an EPA electric driving range of 82 miles.