Bicycles outsell cars in Australia - sales top 1.4 million

Bicycles outsell cars in Australia - sales top 1.4 million

AUSTRALIAN bicycle sales continue to outstrip motor vehicle sales and prove resilient in the face of a slowing economy. Figures released today show bicycle sales have bucked the downward trend in consumer spending, outselling cars for the 9th consecutive year.

"The economic downturn and the affordability of cycling is one of the key reasons for the continued surge in bicycle sales" said Elliot Fishman, policy advisor with the Cycling Promotion Fund. "The sluggish economy, coupled with concern over climate change, health, congestion and petrol prices have strengthened interest in cycling as an option" said Fishman.