(Image credit: AFP/Getty Images via @daylife) Just days before Facebook's historic stock offering, General Motors said it plans to stop advertising on the social media site, concluding that its paid ads don't have a big impact on consumers. GM spends about $40 million a year on Facebook marketing, according to the Wall
In case any Facebook users got the wrong impression from General Motors' decision to discontinue advertising on the ubiquitous site, the company has made things very clear today on its own free Facebook page: The company still loves its Facebook cohort.
