mustang1
Guru
- Location
- London, UK
Does anyone remember what things were like in the 1970s during the oil crisis? Bike sales in USA shot up from 6mn to 15.3mn and whereas most of the pre-crisis bike sales were for kids' bikes, during the crisis, 60% or more were for adult bikes.
But I cannot find info about what happened to bike prices back then. Does anyone remember or have information about that? These days, during the bike boom, bike prices have, and continue to, shoot up. The price of materials, manufacturing and shipping has gone up, but with the popularity of cycling, the profit motives of bike companies has also gone up.
Was there a similar correlation in the 1970s?
But I cannot find info about what happened to bike prices back then. Does anyone remember or have information about that? These days, during the bike boom, bike prices have, and continue to, shoot up. The price of materials, manufacturing and shipping has gone up, but with the popularity of cycling, the profit motives of bike companies has also gone up.
Was there a similar correlation in the 1970s?