As you've read numerous times before, GM has shelved plans to unveil the 2010 Buick LaCrosse and the production 2010 Cadillac CTS next week at the 2008 LA Auto Show. In fact, GM has cancelled its press conference altogether saying that any product launches may be overlooked due to the current headlines about the company's financial troubles.
Volkswagen also cancelled plans to unveil its new roadster concept, rescheduling the world debut for the 2009 Detroit Auto Show in January. Facing one of the toughest times in the industry in decades, other automakers have also announced that they are cutting spending on auto shows.
Ferrari, Rolls-Royce, Land Rover and Suzuki Motor Corp., all said that they are withdrawing their presence at one of the nation's largest auto shows - the Detroit Auto Show. All four automakers will not be present at the 2009 Detroit Auto Show in January.
"Clearly, we're affected," Andy Fuzesi, general manager and co-owner of the L.A. Auto Show told LA Times. He said that this year, the show has nearly 20% fewer exhibitors. "Everybody is clearly reassessing where they spend their money."
That leaves FoMoCo with quite a bit of 'shine time' in LA where it plans to introduce six vehicles including the 2010 Ford Fusion, 2010 Mercury Milan and the 2010 Ford Mustang.
Source: LA Times