The new frame and component technology incorporated in the Paramount largely failed to reach Schwinn’s mass-market bicycle lines. W. Schwinn, grandson Frank Valentine Schwinn took over management of the company. Another problem was Schwinn’s failure to design and market its bicycles to specific, identifiable buyers, especially the growing number schwinn beach cruiser of cyclists interested in road racing or touring.
By 1990, other United States bicycle companies with reputations for excellence in design such as Trek, Specialized, and Cannondale had cut further into Schwinn’s market. Unable to produce bicycles in the United States at a competitive cost, by the end of 1991 Schwinn was sourcing its bicycles from overseas manufacturers. This in turn led to further inroads by domestic and foreign competitors. Faced with a downward sales spiral, Schwinn went into bankruptcy in 1992.[59] The company and name were bought by the Zell/Chilmark Fund, an investment group, in 1993. Zell moved Schwinn’s corporate headquarters to Boulder, Colorado.
Instead, most Schwinn derailleur bikes were marketed to the general leisure market, equipped with heavy “old timer” accessories such as kickstands that cycling aficionados had long since abandoned. While the Paramount still sold in limited numbers to this market, the model’s customer base began to age, changing from primarily bike racers to older, wealthier riders looking for the ultimate bicycle. Schwinn sold an impressive 1.5 million bicycles in 1974, but would pay the price for failing to keep up with new developments in bicycle technology and buying trends. At the close of the 1920s, the stock market crash decimated the American motorcycle industry, taking Excelsior-Henderson with it. Arnold, Schwinn, & Co. (as it remained until 1967) was on the verge of bankruptcy.
We offer service contracts on a monthly, bimonthly and quarterly basis. A preventive maintenance program helps to keep your equipment in top condition, decrease downtime, and prevent major equipment failures. Cleaning, lubricating and making adjustments as well as replacing worn parts are all necessary to ensure the safety and reliability of your equipment.
A service contract is the best way to extend the life of your equipment and keep your facility safe, but we understand that a contract may not be feasible. We offer on-site repairs and preventive services when needed. Complete our online Service Request Form to request an appointment. Receive our latest updates about our products and promotions. No matter how you ride, we have the bikes and gear to get you rolling.
We offer commercial and residential assembly and disassembly services when you need to remove or setup your fitness units. Most models of Schwinn bikes have years of images and information via old catalogs, advertisements and Schwinn documentation. This page lists Schwinn bicycles models (sorted alphabetically) and links to their details. At Sportsmith, we recognize the importance of maintaining Schwinn bikes for effective workouts and member satisfaction. That’s why we provide a wide range of genuine Schwinn bike parts, ideal for all repair needs—from revitalizing older models like the Schwinn Pro to optimizing performance for newer ones.
Questor/Schwinn later purchased GT Bicycles in 1998 for $8 a share in cash, roughly $80 million. The new company produced a series of well-regarded mountain bikes bearing the Schwinn name, called the Homegrown series.[62] In 2001, Schwinn/GT declared bankruptcy. This was a no-expense-spared project of Frank W. Schwinn, who wanted the bike to be introduced in 1938.
Trusted by the best athletes in the world, the same technology is now available to indoor riders. Whether it’s tracking calories or in-depth power analysis, the 4iiii crank offers accurate results to help riders reach their full potential. All Schwinn Authentic Cycling indoor bikes come standard with Double Link pedals with SPD and toe-clip combinations to accommodate both cycling cleats and regular athletic shoes. Triple Link Pedals accommodate Look, Delta and SPD style cleats to simulate an outdoor riding experience. They easily convert to accept traditional athletic shoes with the snap-in locking toe clips. Simply shop bike parts by model like Schwinn AC Classic or AC Perfomance, IC Pro or IC Elite, as well as Schwinn Airdyne models, or shop by a part type.