Volkswagen’s core brand pulls out of Paris auto show

BERLIN (Reuters) – Volkswagen’s (VOWG_p.DE) core autos brand will skip the Paris motor show this year, the company said on Thursday, becoming the latest and most prominent carmaker to ditch the biennial industry gathering in the French capital.

FILE PHOTO: A worker shines the grill of a Volkswagen car displayed on media day at the Paris auto show. September 30, 2016. REUTERS/Benoit Tessier/File Photo

Since the VW emissions scandal erupted in 2015, Europe’s largest automotive group has scaled back brand presentations at traditional car shows, including Detroit and Frankfurt, partly as a cost-cutting measure but also mirroring an sector trend.

“The Volkswagen brand is continually reviewing its participation in international motor shows,” the carmaker said on Thursday.

FILE PHOTO: The Volkswagen e-Golf Touch car is displayed on media day at the Paris auto show in the French capital. September 29, 2016. REUTERS/Benoit Tessier/File Photo

Instead of participating with its own stand at the Oct. 2-3 show, Volkswagen (VW) said it could host “various communications activities” in the French capital.

VW’s luxury division Audi (NSUG.DE) last year trimmed its presence in Frankfurt, which hosts Europe’s largest auto show in alternate years. Audi will also skip the 2019 Detroit show, where the Volkswagen group attended with a significantly reduced line-up this year.

Many of the traditional industry gatherings have registered a drop in visitor numbers since the turn of this century.

Among the reasons for the decline is the emergence of technology as the main battleground for connected, autonomous cars, which has drawn exhibitors to competing events such as the Consumer Electronics Show (CES) in Las Vegas and the Mobile World Congress in Barcelona.

A spokesman for VW’s French operations said that Audi, sports car brand Porsche, Czech division Skoda and Spanish unit Seat are still due to attend the Paris show.

VW’s headquarters in Wolfsburg, Germany, said the decision to skip the 2018 event does not mean the VW brand will also stay away from the next Paris show in 2020.

Reporting by Andreas Cremer, Jan Schwartz and Gilles Guillaume; Editing by David Goodman

Source link

About NBN Editorial Team 69197 Articles
NBN's team of Field Producers, Editorial Staff & Contributors create & produce original content for distribution. NBN is located in Beautiful Tampa Bay with Mobile Units Serving Miami, Orlando and Fort Myers.