(you will have to register to read it, but the subject gives an idea)
“Huffy, which makes about a third of the bicycles sold in the United States, filed for Chapter 11 on Wednesday, citing losses largely from a Canadian sports equipment company.”
“Huffy lost $7.5 million in 2003 after losing $1.4 million in 2002. It has yet to file quarterly financial reports for 2004 and has not said why.”
Seems like they did a Cannondale with their bike division making money but the other crap they got into failed.
good…
I think that HUFFY and all the "department store" style bikes should go under!
well….other than the beach cruisers…
huffy makes a solid beach cruiser
but all that pseudo-full suspension stuff is a discredit to the consumer
all these people need is a simple geared bike to get them around town
Washington DC is filled with honest working immigrants that buy these bikes to get to and from work
they are lugging all this extra weight for no reason
a three speed (most of these riders do not switch gears anyway) would be enough
a solid single speed would be even more practical
less cables
less adjustment
less hassle