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Bicycling

In reply to the discussion: any 'steel is real' riders? [View all]
 

happyslug

(14,779 posts)
20. Schwinn went bankrupt in 1992, its name was then sold for it had value, the rest of Schwin is gone.
Wed Oct 21, 2015, 02:59 AM
Oct 2015

Thus the Schwinn of today has nothing to do with the Schwinn pre 1992. The name was sold off to a Taiwan bicycle company that also owns Huffy. Thus, except for the name, the Schwinn of today has nothing to do with the pre1992 Schwinn. The Taiwan company wanted the name and that is all they bought. The factory Schwinn had set up to make its Paramount bikes was sold to Waterford bikes (and they are forbidden to use the Schwinn or Paramount names for those Names are owned by others).

Waterford is a premium bicycle maker today but makes nothing but custom built bikes.

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