Bike firm sales beat those making planes, trains and automobiles - BikeBiz

Bike firm sales beat those making planes, trains and automobiles

The bike sector outperforms all other transportation sectors, reports Bike-eu.com
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Turnover may be higher in other transportation sectors, but bicycle firms are experienced a higher rate of sales growth. Accell has reported 21 percent sales growth and Shimano's sales have risen by 76 percent. In contrast, Boeing's sales increased by 11 percent and the Fiat-Chrysler group grew by 19 percent.

"It’s almost certain that the bike sector will come on top once again in the coming years," concludes Bike-eu.com.

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Mid-Year Earnings Revenue Growth 2015

Automotive 

Ford -5.50%
GM -3.70%
Fiat – Chrysler +19.30%
Toyota +8.40%
Honda +7.30%
VW +10.30%
Daimler +16.20%

Trucking

Paccar +10.30%
Navistar -1.90%
Volvo +16.80%

Aerospace

Boeing +11.30%
Airbus +15.84%
Tier 1 Automotive Suppliers

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