Big Loss, Organizers Intend To Sell Geneva Motor Show

Big Loss, Organizers Intend to Sell Geneva Motor Show

Geneva International Motor Show

Jakarta - The holding of the Geneva Motor Show was officially canceled at the last minute. In an announcement, the organizing committee decided to cancel the annual prestigious automotive event, which will actually take place in March 2021.

Launch of Carscoops, the organizer explained that the majority of exhibitors participating in the survey stated that they would most likely not participate in the next year's edition.

The reason is, this car manufacturer prefers to hold 2022, because it is in a bad condition due to a pandemic.

These car manufacturers need time to recover from the Corona virus pandemic, and the holding in 2021 will not be able to attract visitors who usually have hundreds of thousands of people coming to the Geneva Motor Show before.

In addition to canceling the Geneva Motor Show, the organizer also announced plans to sell the event to Palexpo SA, which is hosting the event.

Meanwhile, with the cancellation of the Geneva Motor Show the organizers suffered a loss of 11 million Swiss Francs. To solve this problem, the organizer tried to borrow 16.8 million Swiss francs.

However, this loan cannot be disbursed due to conditions that cannot be approved because the organizer must continue to hold an exhibition next year, and make a payment of 1 million Swiss Francs in early June 2021.

The Beijing Auto Show 2020 and the Geneva Motor Show 2020 were officially canceled due to the Corona virus outbreak. However, the New York International Auto Show (NYIAS) 2020 will continue.

The organizer ensures that the automotive agenda will continue even though the Covid-19 case has also been found in New York. According to Carscoops, now the number of positive patients with the Corona virus has reached 22 in New York.

Even so, the organizers still take action in anticipation. At the Jacob K Javits Convention Center, which is the venue for NYIAS 2020, 70 handwashing stations will be installed so visitors can clean their hands easily.

In addition there are several other facilities, to the specially trained paramedic team who also stand-by on location.

The organizers are also implementing new standards for all companies involved in using disinfectant cleaners.

Previously, in addition to the automotive exhibition agenda, the Corona virus also canceled various car and motorcycle racing agendas.

Formula 1 and Formula E China series were canceled. Likewise with the opening MotoGP 2020 series in Qatar and the MotoGP 2020 series Thailand.

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