A survey of exhibitors from the automotive industry found that most would prefer postponing the event to 2022 due to Covid-19 concerns.
“The automotive sector is currently going through a difficult phase, and exhibitors need time to recover from the effects of the pandemic. Furthermore, it is far from certain that the current health situation would permit the organisation of an event attracting more than 600,000 visitors and 10,000 journalists next spring,” the organisers said on Monday.
Negotiations with the canton of Geneva for financial support to cover the losses of the cancellation of the 2020 event also fell through. The authorities had approved a CHF16.8 million ($17.6 million) loan but the terms were not acceptable to the motor show organisers. Two major stumbling blocks were the insistence on holding the 2021 edition and the repayment of CHF1 million by mid-2021.
Instead the organisers have decided to sell the Geneva International Motor Show to Palexpo – the company that owns the exhibition hall.
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F/A-18 fighter jets will practice take offs and landings on the A1 motorway between Payerne and Avenches in canton Vaud on June 5.
Swisscom finalises financing for Vodafone Italia takeover
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Telecoms group Swisscom has taken the next step in its takeover of Vodafone Italia and secured financing for the deal, the company said on Thursday.
Switzerland commits CHF50 million to combat rural poverty worldwide
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The Federal Council approved a contribution of CHF49.5 million ($54.1 million) for the International Fund for Agricultural Development (IFAD).
Arrests made in raid against Turkish criminal organisation
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A cross-border raid against a Turkish criminal organisation was conducted, including property searches in cantons Aargau and Zurich.
Up to 4,000 Swiss army soldiers to protect Ukraine peace conference
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The Federal Council has authorised deployment of army personnel for the Ukraine peace conference on the Bürgenstock in June.
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The business association, Swissmem, reports that there are increasing signs that the bottom of the downturn will be reached this year.
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Switzerland bans major public events to slow spread of virus
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Switzerland has banned public events with more than 1,000 people until at least March 15 in response to the coronavirus threat.
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Photographer Olivier Vogelsang captures all the glitter, gimmicks and smiling hostesses that pass through Geneva's convention centre.
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If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.