CNNMoney.com
Companies Economy International Corrections Pre-market Trading After-hours Trading Winners/Losers/Actives Bonds Currencies Commodities World Markets Money Magazine Real Estate Taxes Jobs Ask the Expert Money 101 Autos Mutual Funds The Help Desk Loan Center Best Places to Live Ask the Expert Ultimate Guide to Retirement Retirement Calculators Best Funds Ask the Mole Best Places to Retire Big Tech Blog Techland Blog Sectors and Stocks Fortune 500 Techs Tech Talk 100 Best Places to Launch Ultimate Resource Guide Small Biz Makeovers FSB 100 Ask & Answer Fortune 500 Technology Investing Management C-Suite Rankings Main Create Portfolio Edit Portfolio Create Alerts Edit Alerts

GM plans humorous 'Dear Oil' ad

The U.S's biggest automaker is expected to promote cars not dependent on petroleum in an upcoming TV spot.

EMAIL  |   PRINT  |   SHARE  |   RSS
 
google my aol my msn my yahoo! netvibes
Paste this link into your favorite RSS desktop reader
See all CNNMoney.com RSS FEEDS (close)
By Catherine Clifford, CNNMoney.com staff writer

How important is being green to you?
  • Very
  • Somewhat
  • Not at all

NEW YORK (CNNMoney.com) -- As part of a green marketing bid, automotive giant General Motors plans to unveil a lighthearted television ad that begins "Dear Oil," and proceeds to suggest a cooling off of its "relationship" with petroleum products.

GM marketing executive Kathryn Benoit spoke about the ad in a panel discussion at the American Advertising Federation conference Monday, said Kelly Cusinato, GM (GM, Fortune 500) spokeswoman.

While discussing green marketing, Benoit cited the company's plans for the new spot, which is aimed at promoting alternative fuel, said Cusinato.

In the ad, the "Dear Oil" letter continues: "We've had this great relationship for many years. We think we will both be a lot happier and healthier if we see less of each other."

The ad spot is still in the planning phase, but the target date for release is June 22nd during NBC's Meet the Press, according to Cusinato. The ad will also appear on the Discovery Channel's new environmental TV channel, Planet Green.

"The message in this creative spot is that we need to move beyond fuel and look to other options," said Cusinato.

The ad is an attempt to communicate the corporation's commitment to move beyond petroleum products, Cusinato said. The spot is still being developed and could change between now and the targeted release date, she said.

GM's plans for the ad was first described on AdAge.com Tuesday.

GM's ad plan comes as gas prices hit record levels, pinching consumers at the pump. The national average price for a gallon of regular unleaded gasoline rose to $4.043, up 2 cents from the previous day's mark of $4.023, AAA's Web site showed on Tuesday. Crude oil prices, on the other hand, slipped Tuesday.  To top of page

Features
  • obama_official_portrait.04.jpg
    Not even ultra-dapper President Obama could help Hartmarx, the Chicago-
    based clothing maker. More
  • great_adventure_map.04.jpg
    It's been a thrill ride for Six Flags, and the amusement-
    park operator had to wave the white flag. More
  • pilgrims_pride.04.jpg
    The company has gone to the chickens despite producing 42 million dozen table eggs per year. More
  • vallejo_california.04.jpg
    This Bay-area town sought assistance after plunging property tax revenue left coffers empty. More
  • daily_blossom_site.04.jpg
    The bloom is off this celebrity florist as corporate budgets for flower arrangements disappear. More
  • debt_bills.ju.04.jpg
    Isn't it ironic that a company with a mission to help others avoid bankruptcy was unable to help itself? More
  • nrg_coal_plant.04.jpg
    What happens when one energy company refuses to be swallowed by a bigger rival? More
Markets Last Change
Dow Jones 8,127.93 -55.24 / -0.68%
Nasdaq 1,752.63 0.08 / 0.00%
S&P 500 877.99 -4.69 / -0.53%
10-year Bond 98 21/32 Yield: 3.28%
U.S.Dollar 1 euro = $1.393 -0.009
July 10, 2009 11:09 AM ET
CompanyPrice% Change
General Motors Corp 1.07 27.84%
CIT Group Inc 1.38 -25.81%
Shaw Group Inc (The) 23.85 -8.82%
YRC Worldwide Inc 1.36 -8.72%
Jul 10 11:06am ET †
Barbie gets a makeover As Barbie celebrates her 50th anniversary, middle age may be her time to shine (again). More
The best credit card for you All credit cards are not created equal. Here are a few we like. More
New Jaguar XJ: Tata's luxury flagship Jaguar rolls out a new top-of-the-line luxury sedan -- the finishing touch on a troubled brand's make-over. More


© 2009 Cable News Network. A Time Warner Company. All Rights Reserved. Terms under which this service is provided to you. Privacy Policy
Copyright © 2009 BigCharts.com Inc. All rights reserved. Please see our Terms of Use.
MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc.
Intraday data provided by Interactive Data Real-Time Services and subject to the Terms of Use.
Intraday data is at least 20-minutes delayed. All times are ET.
Historical, current end-of-day data, and splits data provided by Interactive Data Pricing and Reference Data.
Fundamental data provided by Morningstar, Inc..
SEC Filings data provided by Edgar Online Inc..
Earnings data provided by FactSet CallStreet, LLC.