Tiger Woods, Buick End Their Relationship
November 24, 2008
After nine years sponsorship from Buick and General Motors, Tiger Woods and GM announced today that they are ending the contract between the Automotive Giant and the Sports World Giant.
GM said in a statement today that it is looking to reduce costs, and that the star golfer also wants more personal time as he expects his second child.
GM’s vice president for North American sales, Mark LaNeve, says the separation is the result of discussions earlier in the year and is not related to the company’s campaign for $25 billion in loans from the federal government.
There are two thing to consider here.