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GM to halt nine-year endorsement deal with Woods

Updated: November 24, 2008, 5:22 PM ET
Associated Press

DETROIT -- General Motors is bailing out on Tiger Woods.

Woods, a global icon in sports with his 14 major championships, has been carrying the Buick logo on his golf bag for the last nine years and still had one year left on his contract.

But General Motors Corp. was looking to cut costs and hoard cash while trying to survive the worst sales downturn in a quarter-century. And it said Monday the world's No. 1 golfer wanted more time for himself, especially with a second child on the ...

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