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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.

London motor show A-Z report and videos

By Tim Pollard Motor Shows 24 July 2008 17:30 CAR Online now has a full A-Z multimedia guide to the London motor show 2008. Check out our full reports from every stand at the British International Motor Show, complete with: • A written stand review by CAR journalists • Video of the key cars at the London show • Separate video news stand-by-stand • Reader reports by CAR's citizen journalists Scroll to the foot of each manufacturer report for exclusive CAR video reports – and be sure to click 'Add your comment' to rate our news and our readers' reviews of the British International Motor Show. Do we have some star writers in the making?

Chrysler, CAW reach tentative contract deal

The Canadian Auto Workers tentatively agreed tonight to new concessions that will save the struggling automaker $240 million annually and help the carmaker to try to avoid a bankruptcy filing, CAW President Ken Lewenza said at a news conference. In exchange, the CAW got Chrysler and potential partner Fiat SpA to agree to keep its two Chrysler assembly plants open even if bankruptcy is unavoidable, Lewenza said. General Motors and Ford Motor Co., which signed new CAW agreements earlier, have indicated their desire to get the same concessions as those negotiated with Chrysler, Lewenza said.