Bike Stocks (inventories) Rising in Europe

[LockH]

http://www.bike-eu.com/sales-trends/nieuws/2016/8/bike-stocks-rising-in-europe-10127110

"e-bikes sales continue to grow and are in some countries even breaking records."

René Takens, Chairman of the Board of Directors of Accell Group:

Despite these unfavourable conditions, we have recorded strong organic growth in the first half of 2016, largely driven by higher sales of electric bikes. We are benefitting specifically from our leading position in the field of electric bikes, which currently account for some 43% of our total turnover. Turnover from E-performance bikes has doubled in the last six months.”

8)

" It’s expected that more suppliers and manufacturers have to turn to price promotions this fall."

I'll guess NOT for any ebikes still not sold. :wink: