Next year’s British International Motor Show has been cancelled because of the global financial crisis, it was announced on Thursday.
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The Society of Motor Manufacturers and Traders (SMMT) said the motor industry faced ‘unprecedented challenges’, making it impossible for exhibitors to commit to the 2010 event.
The SMMT said its decision to pull the plug on the show was taken after lengthy discussions with the UK motor industry.
‘Unique pressure’ on car firms
SMMT chief executive Paul Everitt said: ‘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.’
The biennial show attracted some 472,300 visitors in 2008 – 14% more than in 2006, when it first moved to London’s ExCel from its previous home at the Birmingam NEC. The latest event also saw the launch of dozens of new cars, including the .
But the global motor industry has slumped in recent months, following falling sales and a string of car plant closures.
Speaking on behalf of organiser IMIE, joint managing director Rob Mackenzie said: ‘We fully endorse the decision to postpone the British International Motor Show until market conditions will again permit us to deliver a world-class event that truly showcases the UK industry.’
This month’s , billed as ‘the last great auto show’ by some commentators, played host to dozens of exciting new cars. For full coverage of the show, including exclusive videos, check out our .
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