The new car reveals, including the CTS Coupe, will instead wait until Detroit in January

The new car reveals, including the CTS Coupe, will instead wait until Detroit in January

General Motors had already announced it wouldn't be showing the Cadillac CTS Coupe and new Buick LaCrosse at the 2008 Los Angeles Auto Show as it had previously planned, and now the company has announced it won't be doing anything significant at the show at all, canceling its press conference and showing only the production Volt and two-mode hybrids.

The move isn't surprising given the tough news GM had to deliver on Friday with its Q3 financial results. With ongoing talks in Washington and dire predictions about the company's future, executives didn't think showing new models would meet with the proper reception, reports The Detroit Free Press.

Instead, GM hopes the media frenzy over the current economic problems will have settled and a new funding program from Washington will be in place by the time the 2009 Detroit Auto Show rolls around in January. The company will show the vehicles it had planned to release in L.A. at that show instead.