Ten manufacturers have signed up for next year's Canary Wharf Motorexpo 2002 – taking place June 9-15.
Honda, Mercedes-Benz, Porsche, Lexus, Jaguar, Aston Martin, Volvo, Toyota, Peugeot, and Mistubishi will all be exhibiting their latest models at the Canary Wharf Motorexpo 2002. More than 75% of the space available for the Expo has now been taken, including key areas in the base of the Tower, where Aston Martin's Vanquish made its first UK appearance at this year's Motorexpo.
Ryan Scantlebury, event manager, will be announcing further contract signings within the next two weeks. Demand, he said, for space is exceptionally high as, with the cancellation of the Earls Court Motor Show, this will be the only major UK motor show between now and October.
“Manufacturers enjoy displaying their best models to the affluent office population of Canary Wharf. Last year over £1m worth of cars was sold on the first day, including a long wheel-base Vantage Volanté, which sold for over £145,000 (with no test drive). We believe that the lead-to-sales ratio is higher at the Canary Wharf Motorexpo then at any other motor show, “ Mr Scantlebury said.
The Motor Expo 2001 had 34 manufacturers exhibiting 140 cars and bikes throughout Canary Wharf.
The 'motorexpo' is the largest single event held at Canary Wharf and is growing in line with the office population of Canary Wharf. Next year, which will be the Expo's seventh year, the population is expected to grow to over 55,000 people. This growth, combined with increased interest from the City and the cancellation of the London Motor Show, means that the organisers are predicting around 300,000 visits to the Motorexpo 2002.