The 2021 Geneva Motor Show has also been cancelled due to the “economic consequences” of the cancellation of this year’s Geneva Motor Show and concerns about the speed of the outbreak of new crown pneumonia,media The Verge reported. The foundation behind the show announced Monday that most exhibitors recently said they might not attend the 2021 show and would prefer to host the next show in 2022.
The Geneva Motor Show is understood to be the first major car event to be cancelled outside China earlier this year. This is the 90th year of the show, which often brings the most shocking news in the industry. Last year, the exhibition attracted more than 600,000 visitors.
It is reported that the board and the board of the Salon International de l’Automobile Foundation, which is responsible for hosting the Geneva Motor Show, have been seeking financial assistance from the local government in the months following the cancellation of the show. Geneva provided a loan of 16.8 million Swiss francs. But the foundation was unhappy with the terms of the loan, including an exhibition in 2021 and rejected it. The foundation is currently trying to sell the geneva motor show to Palexpo SA, which owns and operates the conference centre that hosts the show.
After the decision to cancel the Geneva Motor Show, all the other big auto shows were either cancelled or converted to digital events, and many carmakers have held their own launches online without such big parties.