Auto ad spend in US slows drastically in Q2

Newswire

* Auto sector makes up 11 pct of US ad spend-Kantar * Media companies may need to revise full-year forecasts By Ben Klayman DETROIT, June 27 (Reuters) - Spending on U.S. advertising by the automotive industry has slowed in the second quarter to one-fourth to half the growth rates seen earlier this year due to the March earthquake in Japan and the weaker economy. "Automotive is a category that everybody has a stake in, whether you're a magazine, a TV station, a newspaper, everybody ...

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