Geneva Motor Show To Be Canceled And In 2021

2023 Author: Natalie MacDonald | [email protected]. Last modified: 2023-05-21 02:36

The organizers of the Geneva International Motor Show spoke about the problems they faced due to the cancellation of the exhibition in March 2020 due to the coronavirus pandemic. This may lead to the fact that next year the event will not take place again.

• The cancellation of the Geneva Motor Show this spring resulted in losses of 11 million Swiss francs (807 million rubles). The State Council of Geneva offered the organizers 16.8 million francs (1.2 billion rubles), but the parties did not agree on the conditions for obtaining a loan. One of the points of the agreement was the transfer of management of the event to third-party companies, which the organizers refused to agree to.
• In addition, major exhibitors at the show, including major European automakers, have asked the organizers of the Geneva Motor Show to hold the next show in 2022 at the earliest. This is due to the economic downturn following the pandemic.

At the end of February, four days before the opening of the Geneva Motor Show, to combat the spread of the coronavirus, the Swiss government banned mass events with more than a thousand people. By this time, the companies had already installed all the pavilions, but only the Swedish hypercar manufacturer Koenigsegg decided to present new products without spectators.