Bike Sales Falling Off in Spite of High Gas Prices
By Rocky Thompson on January 2nd, 2009
Apparently the surge that bike stores saw last year in the face of high gas prices isn’t holding up quite the way the two-wheeled community has hoped. The New York Times has this story about bike shop owners loading up on winter commuting gear after about a 30% year-over-year increase during the summer, and now a lot of them are stuck with overstock and extra mechanics. As much as I wish all the people who bought new 27-inch tires for their old Schwinn Varsitys would ride through the winter, I mean, come on—you can’t expect someone who doesn’t look at a bike as a way of life to want to ride through an unplowed bike lane in 10F weather.