After witnessing all of the Detroit 3 pull out from the 2009 Tokyo motor show, we didn’t think the Japanese show could grow even smaller. But it has. New reports claim Hyundai has also withdrawn from the show, just weeks before it is scheduled to open to the press.
According to Toyokazu Ishida, a representative from the Japan Automobile Manufacturers Association (JAMA), Hyundai “called last week and orally confirmed their intent to cancel. It's unbelievable.”
<;P class=MsoNormal target="_blank">When considering the millions of dollars typically associated with showcasing at an auto show, it actually is believable. Although skipping the Tokyo show will save Hyundai a fair amount of money, the firm is reportedly already out nearly $122,000 in nonrefundable fees needed to book the space.
<;P class=MsoNormal target="_blank">JAMA has no plans on what to do with the empty space, but Hyundai’s departure means that both Lotus and BMW tuner Alpina will be the only foreign automakers exhibiting at this year’s show.
<;P class=MsoNormal target="_blank">Small it may be, but we’ll still have coverage from the show come October 24, when the 2009 Tokyo motor show opens to the working press. Stay with Automobile Magazine for all the latest news
<;P class=MsoNormal target="_blank">Source: Automotive News