GM's Layoffs Claim Tiger Woods

General Motors has ordered soured its highest-paid salesman in a cost-cutting move.

Bloomberg explains, “General Motors Corp. united to quit a marketing agreement with Tiger Woods, the world’s top-ranked golfer, at year’s modify as plummeting income goad outlay cuts at the automaker.  Woods, 32, endorsed GM products including Buick for the instance 9 years.”

The endorsement, according to the AP, was witting “give the nameplate a more immature image.” 

If that was the goal, we conceive antiquity something more elating than the Lucerne strength hit been a meliorate investment.

The AP continues, “The cash-strapped consort said in a evidence that it is hunting to turn costs.”  Woods, for his part, “wants more individualized instance as he expects his ordinal child.” 

Apparently hawking Buicks to the golf-watching open was grueling.  Terms of the care were never disclosed, but individual sources inform that Woods was paying roughly $7 meg per year.  Which leaves GM a daylong artefact to go to epilation its billion-dollar-per-month expenses.

While GM is slashing expenses everyplace it can, it’s also disagreeable to draw buyers by slashing prices.  Most automakers are.  Research the prizewinning automobile deals for November with U.S. News’ Car Reviews.

Tags: automaker, automakers, best car, bloomberg, buick, buicks, car deals, car reviews, endorsement, general motors, general motors corp, gm, gm products, layoffs, lucerne, nameplate, personal time, tiger woods, u s news, youthful image

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