Tuesday, April 21, 2009

Shanghai motor show bucks the trend

It was looking as though motor shows the world over were going to be the biggest events industry victims of the economic downturn. The London show for 2010 has already announced that it's not going ahead, major exhibitors decided to skip Tokyo.

But then comes the news from Shanghai. Porsche is launching its Panamerica model there:

Note the comment on China's car market having overtaken that of the US this year. It's a scary thought but one which has auto industry CEOs salivating. More press comment here:

Wall Street Journal: http://online.wsj.com/article/SB124011142338932255.html#mod=rss_whats_news_us
HK Standard: http://www.thestandard.com.hk/breaking_news_detail.asp?id=13800
AP: http://www.forbes.com/feeds/ap/2009/04/20/ap6309546.html

1 comment:

forexsoftware-free.info said...

Nice and thoughtful writeup here on shanghai motors. There's several discussions going on with this topic on several boards I participate in. It's nice to see some new opinions versus the same one's all the time.