Expert Analyses of the following article:
General Motors pulls sponsorship of Oscars
Source: www.msnbc.msn.com
August 26, 2008Let's Take Another Look At One Of GM's Missguided Moves
Author: Jack Sayer, Managing Partner, Sayer Partners LLC
How GM and Ford were ever able to raise money through bond offerings over the years remains a mystery to me. Consider some recent announcements. August 5, 2008: "Default Risk At Ford, GM, Chrysler hits 95%; Automakers Ask for Taxpayer Handout." August 4: "Auto Sales Dismal At All Three Detroit Automakers." April 10: "Ford Abandons Goal of Return To Profitability."
August 25, 2008GM--Cut out the incrementalism and make the hard choices
Author: Lisa Baird, Managing Partner, Brand Value Advisors LLC
GM cut the cords on the Academy Awards. While it seems newsworthy, it's really only the latest move in a decade long trend of budget cuts that correspond with their decade long market share decline. And the loss of the Academy Awards, while a glittering star in the media plan, will not negatively impact brand image or positively impact sales. But given the dire market situation they are...
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