Jo Beckendorff

TAIPEI, Taiwan - Kindshock recently acquired a plot in Tainan, Taiwan where the company will start building its new Headquarters as well as a bigger than ever before factory. This fits with the growth ambitions of the company, which are also rumored to extend into the production of carbon components.

Astro Engineering Co. Ltd. is increasing its aluminum and carbon frame production capacity rapidly in Vietnam. Last June, the Taiwanese company opened its first carbon frame factory in Vietnam. According to Astro's Vice President Camille Hung,

PHILADELPHIA, USA - Last week Advanced Sports Enterprises (ASE) CEO Pat J. Cunnane informed his customers in a letter that "The company has taken action to restructure and better position itself for future success by filing voluntary petitions for reorganization under Chapter 11 of the United States Bankruptcy Code".

STUTTGART, Germany - Mahle GmbH is the next automotive supplier entering the e-bike market with the acquisition of Spanish Ebikemotion Technologies S.L. With this e-bike drive system, HMI and connectivity expert, Mahle strengthens its activities "on the market of electrically powered bicycles".

MEQUON, USA - Shortly before this year's Interbike in Reno/Nevada it was already rumoured. Yesterday evening the final decision was announced: US bicycle components supplier Hayes Performance Systems, owner of the brands Hayes, Manitou, Sunringlé, ProTaper MTB and Wheelsmith, is taking over the carbon-fiber wheel

MUNICH, Germany - German Govecs AG, the e-scooter company founded in 2009, announced last week that it started a cooperation with Spanish light motorcycle producer Rieju SA. The cooperation means that Govecs buys all rights on

CHICAGO, USA - The troubled U.S. retail giant Sears Holdings Corp. had to file for bankruptcy on October 15. On that day, the in 1886 founded company which is also selling bicycles and cycling products at entry-level price points, filed for chapter 11 bankruptcy. Previously, Sears' shares dropped double digitally.

NORTHAMPTONSHIRE, UK - Sports engineers TotalSim will open a cutting-edge R&D facility for the cycling industry next February in the UK. The state-of-the-art Silverstone Sports Engineering Hub includes two new wind tunnels, plus office and workshop space for rent.

PARIS, France - Peugeot Motocycles gave insight into its future urban mobility product range at the Mondial de la Moto show which took place in Paris from 4 to 14 October.

IDSTEIN, Germany - After launching its first own online D2C (Direct-to-Customer) platform for the German-speaking market, German premium bicycle niche brand Storck Bicycle GmbH now opened it for the world market. Since the end of September the English-language page is online as well.