"The economic downturn and the unprecedented challenges facing the industry both in the UK and around the world, have made it impossible for exhibitors to commit to a 2010 event."
Paul Everitt, the SMMT chief executive, said that the decision to cancel had been “extremely difficult”. He said: “However, the global credit crunch has placed the automotive sector under unique pressure and has created a level of uncertainty that deters manufacturers from committing to large-scale, international events.”
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