MARS Industries to Continue IRCOS Production
CHÉPY, France (28 February) - French bicycle component maker IRCOS has been taken over by Distribua. Distribua will continue the production of hubs, ...
Shimano Posts 2000 Earnings
OSAKA, Japan (7 March) - Shimano Incorporated has reported its year end sales figures. The group reports 2000 total sales of JPY 134.5 billion ...
Lock Maker AXA Shows Strong Growth in Profits
VEENENDAAL, The Netherlands - (5 March) Axa Stenman has shown a growth in profit of 36.6% to NLG 15.2 million (US$6.4mn;EUR6.9mn) in 2000. The company ...
Schwinn/GT UK Sales Ltd. in Receivership
LONDON, UK / KIRCHZARTEN, Germany (5 March) - On March 1 of this year Schwinn/GT UK Sales Ltd. went into receivership. According to Jürgen Eckmann, ...
Honda To Cut Models By Third
TOKYO, Japan (5 March) - Honda Motor Co. will cut the number of its motorcycle models by one-third to 200 to help the automaker save on production and ...
Shimano Cycling Concept Winner Announced
NUNSPEET, The Netherlands (5 March) - The winner of Shimano's Cycling Concept Award has been announced as the Scottish Cycling Development. The ...
European Parliament Challenges Motorcycle Industry
BRUSSELS, Belgium (26 February) - In its first reading, the European Parliament has heavily amended the European Commission's proposal for further ...
Ircos Machinery To Stronglight
ABBEVILLE, France (26 February) - It is rumoured that the machinery for producing hubs for bicycles is relocated from the Ircos factory in Chepy to the ...
Shimano Changes Show Policy and Opts for IFMA
STUTTGART, Germany (14 February) - Shimano Europe will exhibit this September at IFMA in Cologne. This decision is a radical reversal by the European ...
Derby Gets Loan Reprieve, But Must Sell
NEW YORK, USA (15 February) - According to a report filed February 7 with the US Securities and Exchange Commission, Derby Cycle Corporation has reached ...
AGG Exports Buys Machines from Sturmey-Archer Auction
LUDHIANA, India (26 February) - AGG Exports, an export company of Satya industries, makers of bicycle components, recently bought CNC machinery at the ...
Karstadt Quelle AG Joins GNX
ESSEN, Germany - According to the Suddeutsche Zeitung, German retail giant Karstadt-Quelle AG joined the global internet platform GobalNetXchange - GNX ...
Portuguese Bike Maker Confersil Closed
AGUEDA, Portugal (26 February) - Bicycle manufacturer Confersil in Portugal has stopped it activities. Already beginning of January there were reports ...
Dutch 50cc Market Sees Strong Decline
AMSTERDAM, Netherlands (26 February) - In 2000, total sales of Dutch mopeds and scooters in the 50cc class saw a decrease of 13.3% from the previous ...
Accell Group Books 41% Increase in Net Profit
HEERENVEEN, Netherlands (16 February) - Accell Group NV booked a net profit of 4.2 mn Euro (US$3.8 mn) in 2000. The increase took place in ordinary ...
Management Buyout at Sachs Motorcycles
NEURENBERG, Germany (14 February) - The management team of the German producer and distributor of motorcycles and scooters, Sachs Fahrzeug-und ...
Will French Component Maker Ircos Still Exist Next Week?
ABBEVILLE, France (13 February) - At the end of this week on 15 February, the liquidator of the French component maker Ircos will decide what will ...
Dutch Turnover in Bicycle Sales Jump by 15%
AMSTELVEEN, Netherlands (14 February.) -The turnover reached with the sales of bicycles in the Netherlands continues to rise. According to figures from ...