Bike Europe
Bike Europe
It is said that the Hero Cycles purchase has the backing of several German banks – including Deutsche Bank and Commerzbank – which hold both secured and unsecured MIFA debt. – Photo Hero Cycles

MIFA Sale Gaining Pace

SANGERHAUSEN, Germany – The sale of troubled German bike-maker MIFA Mitteldeutsche Fahrradwerke AG to India’s Hero Cycles looks likely to happen...

Swiss Surprise: Sales Drop in E-Bikes

Swiss Surprise: Sales Drop in E-Bikes

SOLOTHURN, Switzerland - Poor spring weather lowered the sales figures in 2013. A total of 330,313 new bikes were sold, 5.3 % less than in 2012. Even...

Shimano’s bicycle components sales increased to close to 1.6 billion euro.

Shimano Sold 12% More Bike Parts in 2012

TOKYO, Japan – All Shimano financial KPI’s clearly indicate that the components giant had a good 2012. For 2013 the company speaks of taking the lead...

Less e-bikes sold in the Netherlands; new trend or minor dip?

Dutch E-bike Sales Show Trend Break

AMSTERDAM, the Netherlands – While the Dutch e-bike market is often regarded as an example for other countries, its performance in 2012 was not as...