The company also joined with other United States bicycle manufacturers in a campaign to raise import tariffs across the board on all imported bicycles. In August 1955, the Eisenhower administration implemented a 22.5% tariff rate for three out of four categories of bicycles. However, the most popular adult category, lightweight or “racer” bicycles, were only raised to 11.25%. The administration noted that the United States industry offered no direct competition in huffy mountain bike this category, and that lightweight bikes competed only indirectly with balloon-tire or cruiser bicycles. The share of the United States market taken by foreign-made bicycles dropped to 28.5% of the market, and remained under 30% through 1964. Despite the increased tariff, the only structural change in foreign imports during this period was a temporary decline in bicycles imported from Great Britain in favor of lower-priced models from the Netherlands and Germany.
Right from the beginning, Schwinn and Arnold set the goal of producing a bicycle of undeniably superior design; something that would separate itself from the sea of cheap ramshackle models flooding the market. The company branded its product the “World” mongoose bmx bike bicycle, and loaded its early catalogs with flowery language of international conquest. The Schwinn Bicycle Company emerged during the bicycle boom of the 1890s, a period where over 200 cycle manufacturers and small shops operated in Chicago alone.
WHEN Hal Sirkin was growing up in 1960s America, the bicycle that every regular American child wanted was a Schwinn. In 2001, a company called Pacific Cycle bought the Schwinn brand out of bankruptcy. Pacific Cycle, now owned by a Canadian consumer-goods firm called Dorel Industries, says the secret of its success is “combining its powerful brand portfolio with low-cost Far East sourcing.” Schwinn bicycles now line the aisles at Wal-Mart.
Although the market was becoming hostile to investors, Schwinn was flourishing thanks to its motorcycle division. In fact, the company was doing so great that in 1928 it was placed third after Harley-Davidson and Indian. Unfortunately, the market got saturated and as a result, the short-lived bicycle boom came to an abrupt end. Thousands of bikes were coming from Chicago’s thirty factories on a daily basis and it was not long before it became the capital of the nation’s bike industry. At the beginning of the 20th century, the U.S. bike output blew to over a million units annually. Remember that even after you know what type of bike is best suited for you, you need to make sure it fits properly.
The factory that produced the iconic Schwinn Paramount racing bikes has solidified its place near the top of the US bicycle manufacturing industry. But it was too late for Schwinn to recover the ground that they had lost to Mongoose in the BMX market. Even worse, though, Schwinn had let its dealer network slip away during the 1970s. Mongoose, Specialized, GT, and others quickly moved in to take market share from Schwinn. Last week, I walked into a bike shop where the smell of rubber tires and the reflection from the lighting on these shiny new bikes brought on a wave of excitement typically reserved for a 10-year old.
When a product malfunctions due to YOUR quality control, at the very least you should try to accommodate them by a faster ship time, like overnight. In addition, I’m fortunate that my husband had enough know-how to take it apart and try and diagnose the problem. He had to take this machine apart and put it back together a couple of times to even find out what was wrong.
In a time when selling 10,000 of a particular bike was considered a success, the Sting-Ray sold 45,000 units in the first six months after its release. In 1972, Schwinn was making 6,000 bicycles a day with 2,000 workers in their Chicago plant and in 1974 an impressive 1.55 million Schwinns left the factory. Schwinn thrived through this hard time building a modern factory and buying other smaller bike firms; this allowed the company to engage in mass production of bikes that could be sold at lower prices. Schwinn fielded a mountain bike racing team in the United States where their team rider Ned Overend won two consecutive NORBA Mountain Biking National Championships for the team in 1986 and 1987. By the mid 1970’s Schwinn’s Super Sport and Sports Tourer/Superior weighed a few pounds more than comparably priced bicycles at a time when light weight was increasingly important to customers of quality bicycles. Fillet-brazed frames are also more costly to produce than lugged frames because they are made by hand and require hand finishing.