Automakers look at cutting costs and trimming brands
The Big Three plan to trim their brands and shrink all aspects of operations in order to survive, the automakers told Congress yesterday as they continue to pursue a bailout.
News outlets covering the story focused on the money that the Big Three are putting toward communications with a Fox News columnist noting that the first thing the Big Three should do is fire their PR agencies, while GM promised to cut $600 million, including marketing, in spending by ...