Page Options
Cobalt Newsroom - In the News
Cobalt CEO John Holt optimistic as GM enters bankruptcy
Source: TechFlash
John Cook
June 2009
The historic bankruptcy filing of American automobile icon General Motors today sparked widespread discussion from the halls of the White House to the factory lines of Detroit. But it was also was a hot topic in Seattle's SoDo neighborhood. That's the home base of The Cobalt Group, a 14-year-old company which provides digital marketing technologies for thousands of auto dealer Web sites.
GM happens to be one of The Cobalt Group's biggest customers, so one might think that CEO John Holt would be worried sick (especially with news that the auto maker may close as many as 2,100 dealerships.) But Holt tells TechFlash that the bankruptcy is a good thing because it ends months of speculation over what might happen to the beleaguered auto maker. And the self-described optimist said he thinks GM will emerge stronger, spending even more money on the digital marketing services that The Cobalt Group provides. "Today's GM is the strongest GM I've ever worked with," said Holt.
Read the original article here.
