Europe’s Recession and Millennials Push Bikes Sales to Trump Car Sales
A crowded bike rack on the street in Sweden. Josh Tidsbury / Flickr
A combination of factors including a drop in car sales during the recession, millennials’ affinity for biking, and a growing green consciousness led to the significant rise in bike sales. It’s a trend that’s also picking up in the U.S.
Excerpt from NPR
We know that Europeans love their bicycles — think Amsterdam or Paris. Denmark even has highways specifically for cyclists.
Bicycle sales outpaced new-car sales last year in every one of those countries, except Belgium and Luxembourg. The top five countries by bicycle sales can be seen in the top chart.