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BBC reports that in 2102, more bicycles were sold than cars in 26 out of 28 countries in European Union. There appear to be several reasons behind this growing trend. One is because of recession experienced in many countries after global financial crisis. Many countries introduced austerity measures, which took away spending power of consumers who might ordinarily have bought car instead of bicycle. continuing rise in fuel prices is also making motorists think twice about driving. Another reason is that more people are getting into cycling. BBC reports that: " popularity of cycling appears to be going beyond traditional 'cycling capitals' of northern Europe."

whopping 50 per cent more bicycles were sold than cars. Europeans bought just 12 million cars in 2012, compared to 19.2 million bicycles. Sergio Marchionne, head of Italian car giant FIAT, said this was sorry state of affairs for car industry, and described it as "carmageddon". Car sales in Italy slumped so badly that they were at their lowest levels since 1965 – five-decade low. head of Italian cycling federation believes there has been, " small revolution in terms of lifestyle". head of Italian cycling manufacturer Bianchi agreed. He said: "Customers these days want bikes they can commute with, and top-of--range bikes. They are looking for long-term investments."

 


 

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