Ford Puts Brakes on Ad Spending

Jul 24, 2008  •  Post A Comment

Ford Motor Co. cut its spending by two-thirds to $100 million during the second quarter, when it lost $8.7 billion, Advertising Age reports. Ford CEO Alan Mulally will try to turn around the company by adding two hybrid models as well as six smaller vehicle lines from Europe within the next two years, the magazine says.
—Danny King

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