The British International Motor Show has cancelled next year's show as the recession starts to bite. Last year's show - it is on every other year - welcomed just under half a million visitors to ExCel in London's Docklands. But the recession has stuffed it up for next year's showcase. A statement on the website says: "The …
I was looking forward to that as well, i missed it last year :( humph!
No real loss
It was crap last year. The boats were more interesting! Geneva is a far superior show and on the plus side you aren't being baked alive by the summer heat and no A/C!! Then again, Geneva may well get canned next time around too.
Before ya know it, we'll be in a recession
With millions of people worldwide losing their job every month, before ya know it, the Gov will declare we are in an economic recession.
"wandered around various venues"
Venues like the NEC, the NEC and the NEC? Wouldn't want to mention Birmingham, would we?
@AC - Before ya know it, we'll be in a recession
Recession. Didn't that used to mean a shrinking economy? Oh sorry, you can't say shrinking anymore, you have to say that the economy is exhibiting negative growth.
Sombody said last year that it's only a recession if the economy exhibits negative growth for three months in a row. Then that got changed to a downturn. What we have now has been changed to a slow down. Presumably next it will get downgraded to a sustained blip or some such nonesense. Nulabour probably won't call it a recession until about 24 hours after they lose the next general election. After which point they will claim that we are in a depression which is all the fault of the new government.
Spin. Doncha just love it?
@ No real loss
No A/C ??? Rubbish - Alice Cooper was there and on great form!
I think the atrocity that was the Honda Dreamscape Live Action Show deserves an honorary mention as witness for the prosecution for why it should never happen again.
Still, the remote control car racing was fun.
re: "wandered around various venues" by AC
"Venues like the NEC, the NEC and the NEC? Wouldn't want to mention Birmingham, would we?"
Spot on mate, I noticed the avoidance of the dreaded B word too - shame on you El Reg.
On the plus side this isn't going to affect Brummie jobs like it would've a few years ago. Cheers ExCel!
Alice Cooper is cool, but I doubt he could replace an entire convention center A/C system.
Next year they should contract El Reg to do the show as a Playmobil Proactive Reconstruction (of Events Not Actually Staged). In this way we could still marvel over the sorts of idiocies car designers think will be relevant in the sure knowledge that they will never see actual production at a fraction of the cost it usually entails.
@AC - Before ya know it, we'll be in a recession
>you have to say that the economy is exhibiting negative growth.
We are in an "Economic growth priority realignment situation" Didn't you get the memo?
We can't be in a recession the defence show is still on - and larger than ever.
Crappy economy and Bernanke Bucks
IMHO, I don't think this downturn is going to get better any time soon.
Bernanke is doing another round of 'quantitative easing' when he's buying assets with freshly created money. So they won't slash the price on the backlog of cars yet, they'll hang on hoping for a turnaround.
This stupidity from the UK and USA just delays the fix. Right now, I don't want to buy any UK or US corporate bonds because I'll be paying in todays dollars and be paid back in devalued 'Bernanke' bucks tomorrow. So nobody wants to do that, which in turn means the Fed will have to buy more bonds and treasuries temselves.
It's self defeating, they're creating their own downfall. They should take the slower more steady route their taking in the Euro zone.
And if the car makers can't sell their backlog, they need to slash the price to clear them out, not wait hoping for a miracle (or perhaps bailout cash, a subsidy etc.).
It's like companies are all making themselves into victims to qualify for bailout cash because it's easier to accept money from government than to make money from trading in business. The more money they hand out, the more companies flail their hands in the air and demand free money.
So the show was on during the great depression but now the show is cancelled.
Is not that the prove that we are in an even worse recession than back then?
Since British Leyland went tit-up...
...there have been NO good cars!
since BL was created
there have been NO good cars
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