Boom Time for Indian Bike Industry
NEW DELHI, India - It's boom time in Indias bike industry. Not only because of the Indian rupee dropping to an all-time low level against the US dollar ...

NEW DELHI, India - It's boom time in Indias bike industry. Not only because of the Indian rupee dropping to an all-time low level against the US dollar ...

VEENENDAAL, The Netherlands - Peter van Vlijmen (51) will take over the management of Axa Stenman from Cees Oosterhoorn from November 1, 2008. On that ...
Mequon, US - Hayes Bicycle Group (HBG) has named Kurt Person general manager and vice president of its Hayes Bicycle Group division. Person succeeds ...

SANGERHAUSEN, Germany - Mifa recently appointed former Cycleurope Key Account Commercial Manager Yves Salaun as Export Manager. At the German mass ...

CAPPELLE A/D IJSSEL, Netherlands - Smits Tweewielers, one of the larger wholesalers in Holland that was recently sold by the Kroymans Corporation (the ...
BRUSSELS, Belgium (Dec 14) - In most old EU countries, there are systems for the retrieval and recycling of household batteries, car and industrial ...
NEW YORK , US (Feb 28)— The first pedicabs in the city appeared a decade ago. They cater primarily to tourists, and are especially popular after ...
PROVIDENCE, US (Dec 1) - To celebrate more than 30 years of American cyclo-cross, promoters of the Liberty Mutual U.S. National Cyclo-cross ...
MADISON, US (May 17) - How do you improve the fastest selling bicycle of all time? Schwinn's wildly popular 2004 Sting-Ray bicycle is getting a charge - ...
MADONE, Italy (June 4) - Eng. Giovanni Mazzola, has been promoted from general manager to managing director of Vittoria SpA. He will be fully ...
ALMERE, The Netherlands (February 18) - Urban Solutions BV has been declared bankrupt. The ambitious company that was started in 1997 as a design and ...
LUDHIANA, India (August 1) - Hero Cycles is investing US$18 million (Euro 21 mn) in a series of initiatives to give a thrust to its export markets. The ...
CHEPY, France (14 January 2000) -- Ircos is in the process of turning the former EGS facility at Chatellerault, France, into a Research and Development ...

VIENNA, Austria - After a three-month restructuring process a new investor has secured the successful restart of Austrian custom-bike builder, Simplon. SOL Capital Management GmbH announced an undisclosed capital injection by one of its funds securing the future of the bike manufacturer.

SUZHOU, China - The oversupply in the industry, even for the category e-bikes, is still resulting in a slowdown in demand for component manufacturers. The excess inventory situation was already reflected at Taichung Bike Week last September but also came forward in Bafang's nine months earnings result which did not improve compared with 2023.

WELS, Austria - As a result of the market circumstances for e-bikes, bicycles and motorbikes, Pierer Mobility will fall short of expectations in terms of revenue and earnings, as well as with regard to the reduction in working capital and net debt in the current financial year. Therefore, the company has revoked its guidance for the 2024 financial year.

ZF presented its new 48-volt drive system for e-bikes for the first time at Eurobike 2024. At the heart of this system is the compact, powerful mid-motor: ZF CentriX. The ZF e-motor, featuring a strain wave gear and external rotor, delivers a powerful torque of 90 Newton meters, all within the installation space typically reserved for light-assist motors. The battery, user interface and cloud connectivity complete the drive system.

MUNICH, Germany - Due to dropping e-bike sales, German torque sensor maker NCTE AG had to swallow hard in the first half of 2024. But there is a light at the end of the tunnel. A whopping incoming order increase is keeping the stock-listed company optimistic about the future.

BIELEFELD, Germany - In the aftermath of the announced insolvency, no offers have been made for the Internetstores Group as a whole, an interim assessment of the insolvency proceedings has revealed. This raises concerns about the continuity of the brands under the Internetstores Group umbrella, potentially putting numerous jobs at risk.

STOCKHOLM, Sweden - Swedish cycling and sports equipment group WeSports Scandinavia AB has acquired a stake in compatriot Thevea Brands Group AB. The aim is to strengthen its distribution network across the Nordics market.