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European bicycle and e-bike sales have surpassed 22 million units for the first time since CONEBI started to collect the figures back in 2000. – Photo CONEBI

European bicycle and e-bike sales hike to 22 million units, a record

BRUSSELS, Belgium - Despite the supply chain problems, all signs are still on green for the bicycle industry. The industry confederation CONEBI,...

E-bike sales have seen fast growth in the US under the Giant Group's own brand business. - Photo Giant Group

Giant Group's e-bike sales reach 26% share in record Q1 sales

TAICHUNG, Taiwan - Taiwan's leading bicycle producer Giant Manufacturing Company Limited (Giant Group) has set a new historic quarterly record in the...

Dutch retail chain Bike Totaal reports an increase in turnover made with the sale of new bikes of 11,1%; IBDs in Germany report 6% growth. – Photo Bike Europe

Signs of Recovering Sales in EU's Main Markets

AMSTERDAM, the Netherlands - Lots of sunshine last summer and autumn as well as an improving economic situation in the North of Europe immediately...

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...

Bicycle Production No Longer Growing in Spain

Bicycle Production No Longer Growing in Spain

MADRID, Spain - The latest statistics on bicycle manufacturing published by the Ministry of Industry, Tourism and Commerce, reflect a decline in...

Despite the unusually cold weather during April to June MIFA saw an increase in sales.

Revenue Record for MIFA in First Half of 2013

SANGERHAUSEN, Germany - MIFA, Germany's largest bicycle manufacturer in terms of sales volume, grew its consolidated revenue to 82.6 million euro in...

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...