Volkswagen tells brands to pause paid advertising on Twitter
Reuters
Published Nov 04, 2022 08:48AM ET
Updated Nov 04, 2022 09:06AM ET
HAMBURG (Reuters) -Volkswagen on Friday said it has recommended to its brands to pause paid advertising on Twitter until further notice in the wake of Elon Musk's takeover of the social media platform.
"We are closely monitoring the situation and will decide about next steps depending on its evolvement," Europe's top carmaker said in a statement.
The comments by Volkswagen (ETR:VOWG_p) group, which covers the VW, Seat, Cupra, Audi, Lamborghini, Bentley, Ducati and Porsche brands, echoes similar remarks from other firms, including GM and General Mills Inc (NYSE:GIS).
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Written By: Reuters
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