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In 2016, Bike Index announced integration with LeadsOnline, [8] [9] [10] one of the USA's largest pawn search systems used by law enforcement officers to uncover stolen goods. According to Bryan Hance of Bike Index, "one of the first 'hits' was a bike that was stolen in Salt Lake City, Utah and pawned at a shop in Nevada — 400 miles away." [11]
The boom in bicycle sales was short-lived, saturating the market years before motor vehicles were common on American streets. By 1905, bicycle annual sales had fallen to only 25% of that reached in 1900. Many smaller companies were absorbed by larger firms or went bankrupt; in Chicago, only twelve bicycle makers remained in business.
The Paramount continued as a limited production model, built in small numbers in a small apportioned area of the old Chicago assembly factory. The new frame and component technology incorporated in the Paramount largely failed to reach Schwinn's mass-market bicycle lines. Another change occurred in 1963 following the death of F. W. Schwinn ...
The Chicago bicycle was intended to become a long-lasting reliable quality tool to be used to get someone to work, or go for a ride on a virtually maintenance-free vehicle. The bicycles were marketed via cold calling, based initially on a purchased list of yacht club members. They also used radio ads to encourage people to come into the factory ...
In 1998, Murray moved bicycle production from Lawrenceburg to a non-union factory in Mississippi. Production of all U.S.-made bicycles halted in 1999. In 2000, the Murray brand was acquired by Pacific Cycle, a U.S. distributor of bicycles produced in Taiwan and the People's Republic of China. Murray has since been used as a brand for imported ...
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