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 â€śNBC Nightly Newsâ€ť actually noted the Chinese peopleâ€™s love of beleaguered
â€śWhat would Chairman Mao think?â€ť CNBC correspondent Phil LeBeau asked. â€śSix decades after the Communist Revolution,
According to LeBeauâ€™s report, Buick is â€śhipâ€ť and that has made GM the top-selling automaker in
â€śWaggoner knows staying on top in
But less than two months ago, on June 26, â€śNightly Newsâ€ť 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 automakersâ€™ struggles as a blessing because it suggested Americans are resorting to smaller fuel-efficient cars â€“ which helps reduce greenhouse gas emissions â€“ rather than sticking with big American-made gas guzzlers.
â€śThereâ€™s plenty of talk about high gas prices, but still no clear path to energy independence,â€ť Thompson said on the July 16 â€śNightly News.â€ť â€śSo it might surprise you that Mike Jackson, CEO of AutoNation, the biggest car dealer in the country, is happy to see $4 gas.â€ť