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BIKE EUROPE: LUXEMBOURG , Luxembourg (October 12) – For the first time in several years the production of bicycles in the European Union was up in 2003. Super-Summer Prompted a 2% rise in production. But the bigger picture is still one of making less and buying more: a grand total of 8 million bicycles was […]

BIKE EUROPE: LUXEMBOURG , Luxembourg (October 12) – For the first time in several years the production of bicycles in the European Union was up in 2003. Super-Summer
Prompted a 2% rise in production. But the bigger picture is still one of making less and buying more: a grand total of 8 million bicycles was imported into the EU 15, according to the EU statistics bureau, Eurostat. Of that number, 6 million bikes came from Asia – and the total number amounts to a 26.5% increase of overall import. Not good news for the domestic industry, especially since the average prices are dropping. Apart from Chinese made bicycles, all bikes imported from Asia saw their average price slipping, again. To read figures and facts: read the Bike Europe October issue. (JO)

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