Advertising and Promotions Expenses of General Motors
The automotive industry is marked by very high level of competition. In such an environment, spending on advertisement and promotions becomes essential to remain competitive. General Motors’ advertising and promotions expenditure is also quite high. In 2017, it spent 4.3 Billion Dollars on advertising which was 300 million dollars lower than its previous years’ expenditure on advertising and promotions. From 2011 to 2014, the advertising and promotions expenses of General Motors remained higher than 5 billions after which they have reduced.Advertising and Promotion Expenses of General Motors 2007-2017 in Billion Dollars
|Year||Advertising and Promotions expenses in Billion dollars|
The data is sourced from the annual reports of General motors available on its investors website.