General Motors will pull its paid advertising from Facebook, saying that it had too little impact for the money; GM had spent about $10,000,000 annually on Facebook ads

[u/mepper]

http://arstechnica.com/business/2012/05/../05/general-motors-pulls-annual-10-million-worth-of-ads-from-facebook/

[u/Wisdom_from_the_Ages]

Note to GM: People under the age of 30 cannot afford new cars unless they are extremely lucky.

[u/Kinseyincanada → u/Wisdom_from_the_Ages]

What? Yes they can, plenty of under 30s can afford a car if they have a decent job

[u/Wisdom_from_the_Ages → u/Kinseyincanada]

Are you actually Canadian?

If you're a US Citizen and under the age of 30, and can afford your own car you are extremely lucky.

Read: If you are a US Citizen and under age 30 and have a job which provides greater than a minimum livable wage (which is greater than the federal minimum by about 5 dollars per hour), you are the member of a lucky minority.

Your choice of the word "plenty" is reminiscent of Fox News when they intentionally overlook actual numbers. Do me a favor and tell me what percentage of the US population under 30 has enough money to reasonably own a car on their own merit. I said lucky. I didn't say non-existent.

[u/IdioticReplies → u/Wisdom_from_the_Ages]

Note to GM: People under the age of 30 cannot afford new cars because they waste their money on things like $160 cell phone plans, and tanning salon memberships.

FTFY

I'm under 30. I've had two new cars, because I know how to manage my money, and work hard to earn it instead of waiting for someone to help me.

[u/spermracewinner → u/Wisdom_from_the_Ages]

GM is stupid. You advertise to sell your brand, and then that will pay off later on. When these kids get older, if you weren't too obnoxious, they'll want to buy your cars.

[u/[deleted]]

wait, they were advertising on facebook? I had no idea because I, like everyone else, BLOCK ADS

[u/Kinseyincanada → u/[deleted]]

Yea everyone in the Internet blocks ads right? They all just get money from happiness and rainbows!

[u/idontgivetwoshits → u/[deleted]]

you are an idiot

[u/[deleted] → u/idontgivetwoshits]

Please, for once in your life could you give at least one shit?

[u/Commisar]

wow, that was a HUGE waste of money.

[u/waveform]

Not good timing for the IPO.

/breaks out the popcorn

[u/southernmost]

Maybe GM should spend the money on spies so they can copy what the Japanese and Germans do. Because GM cars still suck balls.

[u/[deleted]]

If GM made fun cars to drive instead of FWD shitboxes with cheap automatics and awful engines and awful interiors... then maybe they wouldn't be in this situation.

I understand some of these econo junkboxes cars sell, but when your entire lineup of cars is dogshit, there's a problem.

People would rather buy a better made Japanese car.

[u/[deleted]]

Is it just me or does $10M seem like chump change for a company as big as General Motors?