First was Ferrari, Rolls-Royce, Land Rover and Suzuki . Now its Mitsubishi. It seems that Detroit is just not the place anymore! Mitsubishi decided to pull off the Detroit Show to save money in light of global economic problems and an industry-wide sales decline.
The Detroit show’s press days are only eight weeks away, but there might still be automakers to surprise us! Pulling out of the Detroit show doesn’t prevent Mitsubishi or the other automakers from returning in future years. Mitsubishi still plans to have displays at the Los Angles, Chicago and New York auto shows.
The Detroit show is considered one a handful of the most prestigious in the world. But like other recent shows, including the Los Angeles auto show and SEMA, it is being hit as companies restructure their operations and cut back on expenses.
Detroit will have about 45-50 debuts this year.