General Motors Mulls Pulling Penn State Sponsorship
After the recent child sex abuse scandal at Penn State, General Motors is considering pulling its sponsorship money out of the university.
A General Motors spokesman told Automotive News that executives are reviewing the case, although a decision has yet to be made. He said that regional offices hold the sponsorships, and not the head office.
Earlier this week the NCAA laid heavy penalties against the school, including a $60 million fine. The controversy surrounds retired football coach Jerry Sandusky, a convicted serial child molester. Penn State is suffering penalties for his actions after it was found to have helped cover up the scandal.
Understandably, GM feels less than bullish about having its name associated with the case. State Farm Insurance has already pulled its advertisements from Penn State home games.
[Source: Auto News]
Stephen covers all of the day-to-day events of the industry as the News Editor at AutoGuide, along with being the AG truck expert. His truck knowledge comes from working long days on the woodlot with pickups and driving straight trucks professionally. When not at his desk, Steve can be found playing his bass or riding his snowmobile or Sea-Doo. Find Stephen on <A title="@Selmer07 on Twitter" href="http://www.twitter.com/selmer07">Twitter</A> and <A title="Stephen on Google+" href="http://plus.google.com/117833131531784822251?rel=author">Google+</A>
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