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 âNBC Nightly Newsâ actually noted the Chinese peopleâs love of beleaguered
âWhat would Chairman Mao think?â CNBC correspondent Phil LeBeau asked. âSix decades after the Communist Revolution,
According to LeBeauâs report, Buick is âhipâ and that has made GM the top-selling automaker in
âWaggoner knows staying on top in
But less than two months ago, on June 26, âNightly Newsâ 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.
âThereâs plenty of talk about high gas prices, but still no clear path to energy independence,â Thompson said on the July 16 âNightly News.â âSo it might surprise you that Mike Jackson, CEO of AutoNation, the biggest car dealer in the country, is happy to see $4 gas.â