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Business / Motoring video

Geneva motor show revs up despite economic woes

(cctv.com) Updated: 2013-03-06 10:03

Here's one for all you rev-heads out there - this week, the 83rd Geneva Motor show gets under way in the Swiss metropolis. And despite economic uncertainties from Europe to the US, and a slowdown in car sales in major markets like China - organisers and attendees are bullish on the year ahead. Let's get you a preview of all the action.

As one of the world's five biggest car expos, the Geneva Motor Show is something of a bellwether for the global car industry. On Monday, the Car of the Year award went to Volkswagen's Golf VII, kicking off the big event.

Organisers say around 206 car manufacturers will be in attendance, from the raciest sportscars to the most reliable family sedans. During the 11 day event, more than 130 new car models will be unveiled, many for the first time. Demand for exhibition space has been so immense that organisers have had to expand the expo space by seven thousand square meters. On the impact of the ongoing European debt crisis, they have this to say:

"Fortunately not really, because we have extended square meters and we are able to occupy all of them, which is a very good sign for us. Nevertheless, we are a bit concerned, but for the time being, everyone is here, ready and excited about the show."

This year, as in recent years, the spotlight will be on going green. More new energy models will be exhibited, to meet growing concerns over emissions and environmental sustainability. Organisers say the event is expected to attract some 700 thousand visitors, on par with last year's expo.

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