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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.

Ford Focus Studio: The entry-level Focus arrives

Ford Focus Studio - Ford's new entry-level Focus at £14k Times are tough for many and car makers need to respond to that with cars the public consider good value. Step forward the new Ford Focus Studio. The Focus Studio arrives as the entry-point for the new Ford Focus, and at £13,995 it makes an impressive statement with a decent level of standard equipment for a relatively modest price.

One Lap of the Web: Happy (belated) birthday, Sir Jack Brabham

-- At the upcoming World's Greatest Sports Coupes exhibit, which opens April 10, the Petersen asked some well-known celebrities to pick their finest "two-seat, fixed-roof high performance car of all time," many of which they happen to own. Personally, we would have gone with the 1979 Ford Mustang, the Toyota Hilux Surf SSR Limited, or the Deathmobile from "Animal House." -- Quick, name a Japanese car that was designed by Italians. OK, the Isuzu Piazza.