Ford and Chrysler have pulled out of this year’s Tokyo Motor Show in a bid to curb spending. It is feared the show could be in doubt, with reports suggesting that General Motors is also considering a no-show.
'At this time, participating in the show is not a strategic priority,' said Ford spokesman Said Deep. 'There is obviously a savings as a result of this decision.'
Chrysler spokesman Rick Deneau said the company has told organizers that it will not be at the Tokyo show. Many motor shows are being forced to scale down in the face of the recent economic crisis with manufacturers desperately trying to save money wherever they can.
Nobuyuki Takahashi, spokesman for the Japan Automobile Manufacturers Association, which hosts the Tokyo show, said yesterday there were no scheduling changes for the exhibition set for late October.
GM and Chrysler had failed to register for the event but JAMA was still hopeful that they would change their mind. JAMA spokeswoman Kazusa Yoshino added: 'The deadline isn't strict and we will still accept registrations.'