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Economic Turmoil? Where? Not at the Frankfurt Motor Show

Despite worries of a global double-dip recession, biennial German show draws the crowds.

by on Sep.27, 2011

The Ford Evos was one of an estimated 100 new cars, crossovers and concepts to make a debut at this year's Frankfurt Motor Show.

With one of the biggest displays of new cars, crossovers and concept vehicles ever, the biennial Frankfurt Motor Show saw public attendance surge by 10%, according to the show’s organizers, suggesting the auto industry’s future is brighter than the turmoil in the financial markets might suggest.

The Frankfurt show, which describes itself as the world’s “most important mobility trade fair” opened on September 15 and closed its gates 10 days later, with a preliminary count of 928,000 paying visitors, organizers reported.

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“This stream of visitors demonstrates that for many people the fascination exerted by cars continues unabated” proclaimed Matthias Wissmann, President of the German Association of the Automotive Industry, in a statement summing up the show.

“In these times of turbulence on the finance markets, the IAA has sent out strong signals of stability in manufacturing and of automotive growth. For the politicians, here it has become visible and comprehensible, just how strong the manufacturing sector is, and the innovative drive for the future that characterizes this industry,” Wissman added.