It’s a real sign of the economic times we’re living in that the normally prestigious bi-annual British motorshow for 2010 has been cancelled, as car makers simply cannot afford to put on a show, even with a year to go for them to save up their pennies.
With car sales plummeting and consumers unlikely to start buying in numbers for the foreseeable future, along with car manufacturers laying off employees or cutting hours and pay left right and center, it actually seems like quite a sensible move, although it might disappoint a few petrolheads.
It’s a measure of the seriousness of the situation in that it’s the first time the show has been cancelled since the start of the Second World War.
photo credit: kris.hoet