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Geneva Motor Show postponed until 2023 | Investment News

MILAN (Reuters) – Organizers of the Geneva International Motor Show said on Thursday they would not stage the event next year due to “industry-wide issues related to the pandemic of COVID-19”.

Organizers said in a statement that direct and indirect pandemic-related issues left them with “no alternative”.

They included both ongoing travel restrictions for exhibitors, visitors and journalists, as well as an ongoing global semiconductor crisis, which is leaving automakers with new priorities, they said.

The decision comes after the 2019 and 2020 editions of the show were also canceled following the spread of the COVID-19 pandemic.

The chairman of the International Motor Show Standing Committee, Maurice Turrettini, said that despite all efforts, organizers had to face reality.

“The pandemic situation is not under control and presents itself as a big threat to a big indoor event,” he said.

Turrettini added, however, that he viewed the decision as a postponement rather than a cancellation.

“I am confident that the Geneva International Motor Show will come back stronger than ever in 2023,” he said.

(Reporting by Giulio Piovaccari; editing by Agnieszka Flak)

Copyright 2021 Thomson Reuters.

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