Car companies pulling out of major auto shows are usually signs that things are really bad, like when MG Rover didn't show up for the Geneva Motor Show before shutting down a few month later. But we are talking about Porsche, one of the most profitable companies in the world, which announced today it would not be an exhibitor at the Detroit Auto Show, the biggest of the big car shows.
This is the reason Porsche gave:
Porsche also said today that the east and west coast constituted its main markets, where the firm said it sold over 20,000 out of its total North American sales of 36,669 cars. Come to think of it, I don't remember seeing too many Porsche Boxsters or 911s in or around Detroit, not to mention places like Kansas, either.