Car shows in the West are in terminal decline
Chinese firms are keeping them on life support
Shifting trends in the car industry are best illustrated by the plight of Geneva’s hoteliers. Securing a place to stay during the city’s annual motor show once required booking at least a year ahead and paying an extortionate rate for even basic accommodation. This year rooms in the city were plentiful. Organisers’ hopes for 200,000 visitors seem optimistic. An event that once no car firm could afford to miss, and that attracted crowds of over 700,000, was attended sparsely—chiefly, it seemed, by journalists who got a preview before the show opened to the paying public on February 28th. The few companies that turned up were characterised by one car executive as “China, China, China and Renault”. They occupied less than a quarter of the floor space of previous years.
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This article appeared in the Business section of the print edition under the headline “Motor no-shows”
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