DETROIT -

After a creative account review that showed the brand used 70 global agencies, Chevrolet selected a new single global advertising agency Tuesday.

Now responsible for the development of creative campaigns across all platforms for the Bowtie’s global advertising is newly formed company Commonwealth.

Chevrolet highlighted Detroit-based Commonwealth is a first-of-its-kind 50-50 joint venture, combining San Francisco-based Goodby, Silverstein & Partners, an Omnicom Group company and New York-based McCann Erickson Worldwide, an Interpublic Group company.

In forming the joint venture, Chevrolet believes Commonwealth combines a wealth of creative talent, extensive global automotive experience and strategic business leadership that is unique in the industry. 

“This is the first time that two large marketing communications holding companies have come together to form a single company,” stated General Motors vice president and global chief marketing officer Joel Ewanick.

“Commonwealth will be based right here in Detroit, and its only focus will be on strengthening and growing Chevrolet into an iconic global brand,” Ewanick continued.

Ewanick went on to explain this agency appointment — combined with the recent selection of Carat as GM’s agency for its media planning and buying operations — is part of the company’s ongoing effort to drive efficiencies in its marketing operations and more effectively build its brands around the world. 

“These agency consolidations are expected to create about $2 billion in savings over the next five years, with a portion used to take advantage of key global marketing opportunities and strengthen the focus on our global Chevrolet brand, and a portion hitting the bottom line,” Ewanick declared.

The automaker noted Commonwealth will be guided by an eight-person Global Advisory Board, which will oversee all creative initiatives and strategy for Chevrolet globally. Assignments will be handled through global hubs, which will operate in Detroit, Milan, Mumbai and Sao Paulo, and will ensure consistent global branding across the diversity of local markets.

The board includes four creative executives:

—Jeff Goodby, who will serve as creative chairman
—Washington Olivetto
—Linus Karlsson
—Prasoon Joshi

Chevrolet insisted the four executives will work in collaboration on all major creative initiatives and resource allocations.

“We are absolutely thrilled to be a part of the team to win Chevy’s global creative business, taking our relationship one step further,” said Goodby, co-chairman and creative director of Goodby, Silverstein & Partners.

“I feel fortunate to have been able to watch a group of the very best people at the top of their game during this process,” Goodby continued. “Joel Ewanick has always been willing to push boundaries and try new concepts, and the fact that he was open to this approach is the perfect example of that. We’re excited to see what Commonwealth can mean for both Chevrolet and us."

Until now, Goodby, Silverstein & Partners has led the Chevrolet creative account in the United States, the brand’s largest market, while McCann Worldwide has been Chevrolet’s agency of record in many global markets, including Mexico, Canada, Brazil, India, Japan, China and Latin America.  

“We are delighted to be expanding our relationship with the dynamic Chevrolet brand and with General Motors,” stated Nick Brien, chairman and chief executive officer of McCann Worldgroup.

“The Commonwealth solution is testament to McCann and Goodby’s unrelenting focus on creating marketing solutions that grow clients’ brands through creativity, digital velocity and performance,” Brien went on to say.

Chevrolet finished its announcement by pointed out Commonwealth will immediately begin to transition responsibility for the brand’s creative work in most global regions with the exception of China, India and Uzbekistan, where these activities will continue to be managed by agencies specific to those countries.