Thursday, May 25, 2017

End of Schwinn

Why Schwinn closed in 2001 as told by former Schwinn employee Mark Rhomberg: 

GT was not the end of Schwinn. The end was a simple mistake by the European division, they oversold to Europe (ordered too much product) and the company could not pay for the product ordered, the banks then called in their loans.

No comments:

Post a Comment

Schwinn Sweetspot Notes

 1. The bushings in 2gen Sweetspots are usually too wide, and you need to pull the rear triangle apart to make it fit over the bushings. Sin...