It can’t be a huge surprise to anybody that the 2010 British Motorshow has been cancelled.
It has always been the rather poor little brother to shows such as Geneva, Paris/Frankfurt, Detroit or Tokyo which are – and always have been – global industry fairs. By contrast, the British show, held initially in Birmingham before moving to London, was always more of a consumer experience. But the concept of one great big landmark automotive event was a more appealing consumer proposition until the world economy fell apart. People had money and cars were a key purchase -very often part of your remuneration package and, for many, an important part of who you were.
But times have certainly changed and so have attitudes. And whilst one would assume that top reasons not to buy a new car might include job security, lack of financing deals, the cost of new vehicles or general concern about the economy; a recent Consumer Reports study revealed that 39% of respondents simply cited ‘that their existing car was still in good shape’ as the key reason for not moving on.
So has the buying cycle changed forever in this age of financial uncertainty and environmental caution? And if it has, what does it mean for the way in which automotive manufacturers engage their consumers now and in the future. The old way was to persuade consumers to buy your car. Now, it would seem, they need to be persuaded to buy a car at all.
So suddenly a consumer motorshow feels rather complacent (build it and they will come – well, not any more!). Surely now manufacturers need to be reaching further into consumers’ lives and engaging them with broader messages that reflect the wider benefits of the ownership experience. They need to get up close and personal and create new touch points with their brands. Experiential marketing has a vital role to play in rekindling the desire for that shiny new car.





