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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.

First 2014 Corvette Stingray coupes on the way to dealerships

Chevrolet reports it has begun shipping the all-new 2014 Corvette Stingray coupe to dealers starting today. The new C7 Corvettes are, of course, assembled at General Motors' Bowling Green Assembly -- about 1,000 Stingrays have been built so far for delivery. Most are expected to be delivered to dealers within the next few weeks.

Footballer denies dangerous driving

A FORMER PREMIER LEAGUE football star has denied dangerous driving after a three-car crash in Nottinghamshire which left another motorist with a fractured elbow. Sheffield United striker Marlon King is alleged to have committed the offence on his 33rd birthday while driving a Porsche Panamera on the A46. King, who will stand trial next March, spoke only to confirm his name and enter his not guilty plea during a brief hearing at Nottingham Crown Court.