KUMARKAUSHALAM, India (January 4th) - The $1.8 billion Hero Group is getting ready to launch motor-fitted bicycles by January 2004. Under the Cyclomoto name, the group plans to offer bicycles fitted with 25-cc engines. The group is aiming at a price-range of approx. USD 100,- per unit. Once the project is commercialised, the group plans
KAMPALA, Uganda (February 17th) - Two Ugandans have been arrested in Japan over alleged thefts of high-powered motorbikes which have been rampant there. The suspects are Shakur Kiyingi commonly known in Kampala as 'Bbosa Shaft' and Nuhu Ssebukeera Lubega. Sources say the stolen powerful motorbikes, commonly known in Uganda as 'Digi', are sold cheaply in
CHENNAI, India (January 30th) - TI Cycles of India has launched the 'BSA i-bike', a bicycle designed by I.DE.A Institute, Turin (Italy). A lot of effort has gone into the design of the bike. I.DE.A has incorporated the anthropological data of Indians in the design to ensure that it is comfortable. The height of the
OSAKA, Japan (December 17th) - Shimano Japan issued today a detailed statement about their delivery situation which is currently creating havoc among bike makers around the globe. Bike Europe presents you here the complete statement made by Hiro Hirata, Vice President, Sales Bicycle Components Division: Dear Customer, Thank you very much for your support for
TURIN, Italy (January 19th) - A deal has been signed between Kappa clothing ( via it's owners BasicNet S.p.A) and the Saeco cycling team. The agreement will last for two seasons. The clothing will be developed with the help of Cannondale, supplier of the Saeco team's bikes. Kappa is already involved in football, skiing, golf,
PARIS, France (Dec 16) - The European anti-fraud office, OLAF (Office Europeen de Lutte Anti-Fraude), together with the Spanish AEAT (Agencia Estatal de la Administracion Tributaria), have opened a case against a Spanish importer for massive import fraud with bicycles. This case started over two years ago with a complaint from the European Bicycle Manufacturers'
MUNICH, Germany (Dec 13) - It was reported yesterday on the website of 'BikeBizz', the trade journal for the UK and has now been confirmed by Oliver Hatch. He was dismissed on Friday, just an hour before the start of a meeting to discuss the 2007 cycle planning conference in Munich. Reason for the dismissal
BRIGG, UK (Dec 20) - Tandem Group PLC has said it expects to post sales of about GBP 42 mn (€ 61.8 mn) for the year to end January 2006 and an operating loss of around GBP 150 000 (€ 220,000) before exceptional items and goodwill amortisation. Tandem's annual turnover to the end of January
PARIS, France (Dec 20) - - After filing a complaint at the European anti-fraud office OLAF that has lead to the opening of a Court case against a Spanish bike importer; the European Bicycle Manufacturers' Association (EBMA) is setting its next step in preventing fraud with the import of bikes from China. EBMA's Chairman Brian
VITTORIA, Spain (Nov 23) - The Basque regional police force (La Ertzaintza) have recovered the remains of a bomb which exploded at the El Coto bodegas in the town of Oyón (Álava) at around 3pm on Saturday. According to an Interior ministry source, the bomb was made using around half a kilo of chloratite and
MAASMECHELEN, Belgium (Oct 28) - As a result of disappointing sales results, United Bicycles has run into financial roubles. The company has applied for Chapter 11 protection. Formally, this means that the company will go on producing bicycles for the coming months, but will be protected against claims by debtors. This will hopefully buy the
Homes Builder's Bike Incentive BRISTOL, UK - (Nov 8) A Bristol homes developer is offering residents the use of a pool of electric bicycles with a top speed of 15mph to help them beat traffic problems. Number 10 Unity Street, at the foot of the city's Park Street, is being transformed into 49 apartments. Tim
MIAMISBURG, US (Oct 14) - The US Bankruptcy Court for the Southern District of Ohio has entered an order confirming the Huffy's Joint Plan of Reorganization following a confirmation hearing held September 22. The court ruled that Huffy has met all of the necessary statutory requirements to confirm the plan. With this action, the company
£5m/Eur 7,3 m Initiative To Improve Cycling Facilities In UK LONDON, UK (Sep 29) - As reported in the UK Daily Telegraph on Monday 26th September 2005, five towns in the UK are to be given £1 million pounds per year to spend on the improvement of cycling facilities to encourage the nation to consider
MANCHESTER, UK (Sep 13) - The Concept Cycling Group which went into administration September 7, has become the victim of general poor retailing conditions in the UK. This was stated in a press release from the appointed administrator KPMG Corporate Recovery in Manchester, that further said: "The administration was also prompted by the loss of
MILANO, Italy - At the EICMA-Bici, Costantino Ruggiero had a spectacular spectacular announcement to make: together with two Chinese partners, the EICMA will organize the coming Intermotor China Fair. The first edition will be held in the Shanghai Expo Centre, April 17 to 20, 2006. It will be combined with the 16th China Cycle Show,
VEENENDAAL, Netherlands (Sep 29) - Always a tricky situation for a well known brand to go into business with chain stores. Dutch Union bicycles has now decided to supply a range of bikes to Halfords, Netherlands on an exclusive basis. Halfords will guarantee the service and warranty levels are on a par with what can
WATERLOO, Wisconsin (Oct 12) -The Trek Bicycle Corp. started selling bikes in China last month, and is planning to open a manufacturing plant there that will make frames, chairman John Burke said Tuesday at a gathering of some of the state's largest private companies. "Don't kid yourself. The Chinese have money," Burke said. "It's more
DULLES, US (Oct 12) - WaveCrest Labs, headquartered in Dulles, Virginia, has closed down their Light Electric Vehicle Division. On Friday, October 7th, the company issued a letter to all TidalForce dealers that WaveCrest is suspending sales of its TidalForce electric bicycle line in North America. The management promised that they will fulfill confirmed bike
NEW YORK, US (Aug 30) - Forty-nine bicyclists were arrested last night in Manhattan at the monthly Critical Mass ride, the police department reported. The rides are described by their organizers, the environmental advocacy group Time's Up!, as a demonstration to promote the use of transportation other than cars. The ride at Republican National Convention
