News: Geneva Motor Show Is Cancelled For Next Year Too

Geneva Motor Show Is Cancelled For Next Year Too

By News Desk
June 30, 2020
4 comments

We’ve all had to endure the cancellations of just about every public gathering this year, and that includes motor shows. The Geneva International Motor Show was the first major event of 2020 to be cancelled back in March, but now organizers say they won’t be having a show next year either.

In a statement released by the foundation behind the event, organizers say there is just too much uncertainty, both in where the world will be concerning Covid-19 by March next year, as well as in automaker involvement, considering the financial losses they’ve been hit with this year and the high costs of attending an international motor show. And to be honest, we can’t blame them for hesitating.

The foundation also says they have turned down a loan of $17.6 million USD from the State of Geneva, mainly because it was contingent on holding a 2021 show, and more than $1 million would have to be paid back by June of next year. In fact, finances are such that the foundation is trying to sell the rights to the event to Palexpo SA, the group that owns the convention centre that hosts the event.

The next edition of the Geneva Motor Show – whenever that may be – will be its 90th, and last year, more than 600,000 visitors passed through its gates. But as carmakers’ interest in large, expensive auto shows had been waning even before the pandemic, the future of the Geneva event is hardly secure.

*Images courtesy of Alvaro Pinzón, and you can check out his thoughts on last year’s Motor Show HERE

Join the Conversation
Related
0 0 votes
Article Rating
4 Comments
newest
oldest most voted
Inline Feedbacks
View all comments
demarcus
demarcus
5 months ago

Hi emmajames. This is how such services can often help in a difficult situation. They also helped me out of a difficult financial situation. While family and friends have not been able to help me quickly, and traditional lending institutions have strict and tedious requirements. For me, short term loans have become guaranteed cash assistance. If you have not saved up a decent amount of money to cover unexpected expenses, loans can be your salvation.

Last edited 5 months ago by demarcus
emmajames
emmajames
7 months ago

It’s heartbreaking. This was my first time attending and it did not disappoint. There I could learn about the latest automotive innovations and pick a vehicle that suited my needs. Life as a high-end model is unquestionably a fantasy. However, if you take out a loan, you may be able to secure another option. My decision to apply for payday loans in California was motivated by my desire to get closer to my goal. After looking into everything, I believe I’ll grant a loan for a car model I’ve fallen in love with.

emmajames
emmajames
8 months ago

It’s heartbreaking. This was my first time attending and it did not disappoint. There I could learn about the latest automotive innovations and pick a vehicle that suited my needs. Life as a high-end model is unquestionably a fantasy. However, if you take out a loan, you may be able to secure another option. My decision to apply for payday loans in Connecticut was motivated by my desire to get closer to my goal. After looking into everything, I believe I’ll grant a loan for a car model I’ve fallen in love with.

Jeff Thorsen
Jeff Thorsen
1 year ago

It is sad. I loved this festival. There I could learn about new products in the automotive world and choose a car to my taste. Of course a luxury model is a dream. But you can always find an alternative, especially if you take out a loan. I decided to apply to payday loans in NC to get closer to my dream. I think that after studying all the details, I will issue a loan for a car model that I just fell in love with.