British Motor Show cancelled as recession bites

[bmer]

The British International Motor Show has been cancelled for the first time since 1939 as the gloom engulfing the industry deepened.

By David Millward, Transport Editor
Last Updated: 1:38PM GMT 19 Mar 2009

Months of plunging sales, production cutbacks and redundancies led car makers to scrap the event. The decision was taken by the Society of Motor Manufacturers and Traders following lengthy talks with car firms.

Car makers are pleading with the Government for support for an industry on which an estimated 800,000 jobs depend.

So far Lord Mandelson, the Business Secretary, has announced a £2.3 billion aid package.

"The British International Motor Show is the UK's largest consumer exhibition, hugely popular with the public, and has been attracting increasing numbers of visitors over recent years, making the decision to cancel the 2010 show an extremely difficult one," said Paul Everitt, the SMMT's chief executive.

"However, the global credit crunch has placed the automotive sector under unique pressure and has created a level of uncertainty that deters manufacturers from committing to large-scale, international events."

According to the SMMT the economic climate was so bad that it was impossible for exhibitors to commit to the event.

Full article: British Motor Show cancelled as recession bites - Telegraph

 

[Tarek]

Damn!

 

[VroomVroom]

Serious Damm!

I was going to that

 

[Centurion]

As disappointed as I am, I saw this one coming. Most luxury manufacturer nowadays opt for more private functions specifically targeting potential customers rather than the mass.

 

[Giannis]

I am dying to see what SniffPetrol will write about this

 

[VroomVroom]

As disappointed as I am, I saw this one coming. Most luxury manufacturer nowadays opt for more private functions specifically targeting potential customers rather than the mass.

Just goes to show most car makers aren't about passion and the enthusiasts of the cars...Just the money now and the people who can afford them

 

[Tarek]

Just goes to show most car makers aren't about passion and the enthusiasts of the cars...Just the money now and the people who can afford them

Well what did u expect? it's all just business to them