Posted November 12, 2021
Yamaha CrossConnect.

IWATA, Japan (BRAIN) — Yamaha Motor Co. and Hero Motors Limited will invest €2.5 million ($2.9 million) on a joint venture company to manufacture hub-mounted drive units for e-bikes. The partnership will officially take place at the end of the month, with Hero holding a 90% stake.

Posted November 11, 2021

WASHINGTON (BRAIN) — ABUS is recalling about 790 youth helmets because they do not comply with Consumer Products Safety Commission standards.

Posted November 10, 2021

(BRAIN) — A climate sustainability expert who has examined bike brands' claims said Trek Bicycle should be applauded for producing a sustainability report that looks at a wide array of its impacts.

Posted November 9, 2021

VeloNews' Ben Delaney visited Sunflower Outdoor & Bike Shop while in Lawrence, Kansas, for last week's Belgian Ride Kansas gravel race, which started right outside the shop.

Posted November 9, 2021
Shop safety and education are key for success.

BOULDER, Colo. (BRAIN) — Now that PeopleForBikes and Call2Recycle have established the industry's first e-bike battery recycling program for U.S. retailers, proper training and equipment will be mandatory to ensure safe storage of expired packs returned to shops, according to a micromobility consulting group.

Posted November 8, 2021

WASHINGTON (BRAIN) — More money for bike lanes, trail construction and climate change reduction will be available when President Joe Biden signs into law the nearly $1.2 trillion Infrastructure Investment and Jobs Act.

Posted November 5, 2021

ANOKA, Minn. (BRAIN) — Vista Outdoor's Action Sports segment — which includes its Bell, Giro, Blackburn and Quietkat businesses — saw a sales increase of 9% year over year, the company announced.

Posted November 5, 2021
Peloton's CEO falls out of the Billionaire's Club, at least for now.

NEW YORK (BRAIN) — Peloton Interactive Inc. shares were down more than 34% on Friday after the company lowered its forecasts for 2022 sales.

Peloton is now forecasting full-year fiscal sales of $4.4 billion to $4.8 billion, down from a previous forecast of $5.4 billion.

Posted November 5, 2021

MONTRÉAL (BRAIN) — Dorel Industries reported sales of $304 million in its Dorel Sports division in its third fiscal quarter this year, a 0.6% decline over sales in the same period last year.

Posted November 4, 2021

(BRAIN) — The Professional Bicycle Mechanics Association is surveying retailers about various service topisc, including how busy they have been lately, how they are compensating staff, shop service rates and more. The PBMA will present results from the survey at next month's CABDA East event at the Meadowlands in New Jersey.

Posted November 4, 2021

DULUTH, Ga. (BRAIN) — For the fifth consecutive quarter, Fox Factory notched its highest-ever revenue in a fiscal quarter for its 2021 Q3, which ended Oct. 1. Sales were $347.4 million, compared to $261 million in the same period last year. 

Posted November 2, 2021

GLASGOW, Scotland (BRAIN) — A global coalition of 60-plus bicycle organizations published an open letter to urge leaders of more than 120 countries attending the 26th United Nations Climate Change Conference (COP26) to increase the number of people who bike.

Posted November 2, 2021
Ed Rae.

PORTLAND, Ore. (BRAIN) — Industry veteran Ed Rae, who in July joined Danish cargo bike brand Triobike as its U.S. agent, died Sept. 23 at his home because of a cardiac issue. He was 68.