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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.
Hyundai Veloster Turbo will cost £21,995
Tue, 28 Aug 2012Hyundai has revealed the price of the Veloster Turbo SE as £21,995. It will arrive in UK showrooms next month. It’s been nine months since we learnt that Hyundai plan to offer the Veloster Turbo in the UK, and now we know it will arrive in Hyundai UK showrooms in September and cost £21,995.
New Cadillac ATS to take on BMW 3 Series (+video)
Sun, 04 Dec 2011Cadillac ATS - sorted at the Nurburgring GM has revealed that their new compact Cadillac ATS will debut at the Detroit Auto Show in January and go on sale in late 2012 as a 2013 model. The idea, just a few short years ago, that Cadillac could build a car that was capable of making the Germans look over their shoulder would have been laughable. But the new Cadillac ATS – debuting at Detroit in January – could do just that.