Newsbytes
  • India
  • Business
  • World
  • Politics
  • Sports
  • Technology
  • Entertainment
  • Auto
  • Lifestyle
  • Inspirational
  • Career
  • Bengaluru
  • Delhi
  • Mumbai
  • Videos
  • Visual Stories
  • Reviews
  • Phone Reviews
  • Fitness Bands Reviews
  • Speakers Reviews
  • Find Cricket Statistics
Hindi
More
In the news
Twitter
Snapchat
OPPO
Anand Mahindra
Mahindra Group
Bharat Biotech
Stock Market
Newsbytes
Hindi
Newsbytes
User Placeholder

Hi,

Logout


India
Business
World
Politics
Sports
Technology
Entertainment
Auto
Lifestyle
Inspirational
Career
Bengaluru
Delhi
Mumbai
Videos
Visual Stories
Reviews
Phone Reviews
Fitness Bands Reviews
Speakers Reviews
Find Cricket Statistics

More Links
  • Videos

Download Android App

Follow us on
  • Facebook
  • Twitter
  • Linkedin
  • Youtube
 
Home / News / Business News / Geneva Motor Show canceled over coronavirus concerns
Business

Geneva Motor Show canceled over coronavirus concerns

Geneva Motor Show canceled over coronavirus concerns
Written by Shubham Sharma
Feb 28, 2020, 11:51 pm 3 min read
Geneva Motor Show canceled over coronavirus concerns

After Mobile World Congress and Facebook's F8, the 2020 Geneva Motor Show has also been canceled. The event was scheduled to take place between March 5 and March 15, but the Swiss government has imposed a ban on public gatherings of more than 1,000 people due to concerns over the deadly outbreak of coronavirus. Here's all you need to know about it.

Details
Ban in effect at least until March 15

According to the government's order, the ban will go into effect immediately and will continue at least until March 15, effectively canceling out the whole event. In fact, BBC reports that the Geneva International Motor Show (GIMS) has already started notifying the automakers, which were set to put their vehicles on display, about the cancellation due to the viral outbreak.

Statement
Case of major loss, motor show chairman noted

"We regret this situation, but the health of all participants is our and our exhibitors' top priority," GIMS chairman Maurice Turrettini said after announcing the decision to cancel the show. He noted that this "a case of force majeure and a tremendous loss for the manufacturers who have invested massively in their presence in Geneva" while hoping that they would understand the urgent action.

Impact
This marks a major blow for the auto industry

The cancellation of the motor show marks a major blow to the auto industry and the Swiss government. GIMS attracts a number of automakers as well as hundreds of thousands of attendees who collectively spend millions of dollars contributing to the Swiss economy. Automakers particularly pump a lot of money into the show to set up launches for future-ready vehicles, hypercars, and concepts.

Digital launches
Now, some automakers will hold digital press conferences

Hours after the cancellation, at least two automakers, BMW and Mercedes-Benz, confirmed that they will hold their launches online. BMW will hold a digital press conference to unveil its i4 concept sedan while Mercedes-Benz E-Class would also be showcased in a similar fashion. Pininfarina, on the other hand, would just release the information about its upcoming vehicle online.

Quote
Purchased tickets will be refunded, GIMS promoter says

"The financial consequences for all those involved in the event are significant and will need to be assessed over the coming weeks," GIMS promoter Palexpo said in a statement but clarified that "one thing is certain: tickets already purchased for the event will be refunded."

Impact
Coronavirus outbreak has affected many industries

The cancellation of GIMS marks the latest blow of COVID-19 outbreak around the world. Prior to this, the deadly virus, which has already claimed nearly 2,900 lives, led to the cancellation of Mobile World Congress, Facebook's F8 conference as well as Formula One and Formula E races in China. Many big conglomerates have also shuttered their factories, stores, and offices due to the virus.

Share this timeline
Facebook
Whatsapp
Twitter
Linkedin
Shubham Sharma
Shubham Sharma
Twitter
Editor with over five years of experience in covering all things science, consumer tech, space tech, AI, infosec, and business. A commerce graduate from University of Lucknow. I have been handling Tech beat at NewsBytes since 2018.
Latest
Facebook
BBC
BMW
Mobile World Congress
Formula One
Latest
Weekend OTT watchlist: Where to watch latest regional offerings?
Weekend OTT watchlist: Where to watch latest regional offerings? Entertainment
Rohit Sharma completes 15 years in international cricket: Interesting stats
Rohit Sharma completes 15 years in international cricket: Interesting stats Sports
5 must-read books by Chetan Bhagat
5 must-read books by Chetan Bhagat Lifestyle
Come back and Sena will consider alliance: Raut to rebels
Come back and Sena will consider alliance: Raut to rebels Politics
Decoding the 2022 summer transfer window plans of Tottenham Hotspur
Decoding the 2022 summer transfer window plans of Tottenham Hotspur Sports
Facebook
Garena Free Fire codes for June 23: How to redeem
Garena Free Fire codes for June 23: How to redeem Technology
Garena Free Fire codes for June 22: How to redeem
Garena Free Fire codes for June 22: How to redeem Technology
Facebook collects personal data on abortion seekers: Report
Facebook collects personal data on abortion seekers: Report Technology
Death threat issued to Salman Khan, security beefed up
Death threat issued to Salman Khan, security beefed up Entertainment
KK's video of being rushed to hospital fake: Event managers
KK's video of being rushed to hospital fake: Event managers Entertainment
More News
BBC
Neil Patrick Harris joins 'Doctor Who': Examining all new entries
Neil Patrick Harris joins 'Doctor Who': Examining all new entries Entertainment
5 things to know about 'Doctor Who' for beginners
5 things to know about 'Doctor Who' for beginners Entertainment
'Bloody Brothers' trailer: There is murder, sibling energy, dark humor
'Bloody Brothers' trailer: There is murder, sibling energy, dark humor Entertainment
'Peaky Blinders' Season-6 trailer: Stage is set for epic finale
'Peaky Blinders' Season-6 trailer: Stage is set for epic finale Entertainment
Lionsgate Play to premiere 60 exclusive titles in India
Lionsgate Play to premiere 60 exclusive titles in India Entertainment
More News
BMW
BMW M3 Touring debuts in the global markets: Check features
BMW M3 Touring debuts in the global markets: Check features Auto
Upcoming sedans in India from Hyundai, Toyota, Audi and BMW
Upcoming sedans in India from Hyundai, Toyota, Audi and BMW Auto
2023 BMW M2 to break cover in October: Check features
2023 BMW M2 to break cover in October: Check features Auto
2022 Audi A8 L's India debut set for July 12
2022 Audi A8 L's India debut set for July 12 Auto
2022 BMW i4 first impression: Say goodbye to range anxiety
2022 BMW i4 first impression: Say goodbye to range anxiety Auto
More News
Mobile World Congress
OPPO showcases world's fastest charging technology for mobiles: Details here
OPPO showcases world's fastest charging technology for mobiles: Details here Technology
Huawei MateBook X Pro (2022) and MateBook E launched
Huawei MateBook X Pro (2022) and MateBook E launched Technology
GDC 2020 postponed over coronavirus fears: Details here
GDC 2020 postponed over coronavirus fears: Details here Technology
Mobile World Congress 2020: Tech show canceled amid coronavirus outbreak
Mobile World Congress 2020: Tech show canceled amid coronavirus outbreak Technology
#LeakPeek: Nokia 5.2 will come with quad rear camera
#LeakPeek: Nokia 5.2 will come with quad rear camera Technology
More News
Formula One
'Top Gun' director Kosinski on Brad Pitt's 'Formula One' movie
'Top Gun' director Kosinski on Brad Pitt's 'Formula One' movie Entertainment
All we know about Max Verstappen's dramatic F1 championship win
All we know about Max Verstappen's dramatic F1 championship win Sports
2022 Formula One racing car, with nifty design improvements, revealed
2022 Formula One racing car, with nifty design improvements, revealed Auto
F1 champion Lewis Hamilton knighted in New Year's Honors list
F1 champion Lewis Hamilton knighted in New Year's Honors list Sports
Lewis Hamilton voted BBC Sports Personality of the Year 2020
Lewis Hamilton voted BBC Sports Personality of the Year 2020 Sports
More News
Next News Article
Next News Article

Love Business news?

Subscribe to stay updated.

Business Thumbnail
India News Business News World News Politics News Sports News Technology News Entertainment News Auto News Lifestyle News Inspirational News
Career News Bengaluru News Delhi News Mumbai News Mukesh Ambani Indian Premier League (IPL) Karnataka Samsung Xiaomi West Bengal
Bihar Virat Kohli Rohit Sharma Haryana Narendra Modi Arvind Kejriwal Tamil Nadu Gujarat Yogi Adityanath YouTube
Instagram Hollywood News Uttar Pradesh Kerala Netflix Bollywood News Mamata Banerjee Maruti Suzuki Rahul Gandhi Elon Musk
Shah Rukh Khan Chelsea FC OPPO Akhilesh Yadav Indian Cricket Team Apple Manchester United Salman Khan Cryptocurrency OnePlus
Amitabh Bachchan ICC Women's World Cup Vivo India vs Sri Lanka
About Us Privacy Policy Terms & Conditions Contact Us Ethical Conduct Grievance Redressal News News Archive Topics Archive IPL 2022 Schedule IPL 2022 Points Table Find Cricket Statistics
Follow us on
Facebook Twitter Linkedin Youtube
All rights reserved © NewsBytes 2022