NBC Reverses on GM Due to Success in China
Perhaps the near monopoly NBC will enjoy in broadcasting the Summer Olympics from
Whatever the cause, the August 6 “NBC Nightly News” actually noted the Chinese people’s love of beleaguered
“What would Chairman Mao think?” CNBC correspondent Phil LeBeau asked. “Six decades after the Communist Revolution,
According to LeBeau’s report, Buick is “hip” and that has made GM the top-selling automaker in
“Waggoner knows staying on top in
But less than two months ago, on June 26, “Nightly News” anchor Brian Williams raised the possibility of the auto manufacturer going out of business. The report suggested GM and other American carmakers were unwilling to switch to smaller, more fuel efficient cars, which are in higher demand due to high gas prices.
NBC chief environmental affairs correspondent Anne Thompson saw automakers’ struggles as a blessing because it suggested Americans are resorting to smaller fuel-efficient cars – which helps reduce greenhouse gas emissions – rather than sticking with big American-made gas guzzlers.
“There’s plenty of talk about high gas prices, but still no clear path to energy independence,” Thompson said on the July 16 “Nightly News.” “So it might surprise you that Mike Jackson, CEO of AutoNation, the biggest car dealer in the country, is happy to see $4 gas.”