2020 Paris Motor Show canceled in current format
On Monday, the organization announced in a press release that the 2020 Paris Motor Show, ‘Mondial de l’Automobile’, would be canceled “in its current format”, due to the coronavirus outbreak. Alternative solutions for the October event are being studied. The future of the event’s Movin-On and Smart City exhibitions is not on the table.
“In view of the severity of the unprecedented health crisis facing the automotive sector, hit hard by the economic shock wave and today playing its survival, we will not be able to maintain the 2020 edition of the Paris Motor Show at the Porte de Versailles in its current format,” writes the organization in a press release.
Change for the better
Some weeks ago, as the Geneva Motor Show got canceled only three days before the opening, the Paris Motor Show – supposed to open its doors on October 1st – seemed far enough in the future to be safe. However, organizers from Paris Motion wanted to anticipate future decisions.
The Covid-19 crisis will surely be followed by an economic recession. Car manufacturers and OEMs could face the worst economic crisis in their history. According to an estimate from rating agency Moody’s, global car sales will drop by 14% this year. Therefore, no carmaker will be ready to spend millions on an event.
“Nothing will ever be the same, and this crisis must teach us to be agile, flexible, creative, and innovative more than ever. We are closely studying all alternative solutions with our partners around innovative mobility and B2B,” the organizers note.
In spite of this cancellation announcement, Paris Motion is dedicated to producing some kind of event. The Movin-On and Smart City exhibitions, respectively showcasing sustainable mobility and new technologies on mobility with displays of autonomous vehicles, aren’t canceled.