Monday, December 1, 2008

The latest victim of the global economic downturn is Australia's 2009 Brisbane International Auto Show which has been canceled after a series of automakers and distributors pulled out citing financial difficulties. Organizer Chris Beecham told the Australian Broadcasting Corp (ABC) that the show was no longer financially viable. "Unfortunately the world economy has turned against us and we've had to pull the pin," said Beecham. "Every single car manufacturer has a head office overseas and they're all looking at ways to save money and unfortunately we don't control those budgets," he added.

Financial difficulties aside, another factor that seems to have played a significant role in the automakers decision is that the 2009 Brisbane International Auto Show -scheduled for February 6 to 15- coincided with the 2009 Melbourne International Auto Show that kicks off on the 27th February 2009.

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