A once great American bicycle company, now just another mcbike
. The company had a failed attempt to manufacture ATV
bikes. This caused a bankruptcy and being purchased by a private equity holding company (Pegasus). It looked as the company was back on track but no real advancement have been made since 2005. Many of the paint schemes even look like rejects from previous years.
Cannondales proudly displayed "Handmade in USA" on the rear seat stays
. Now most models are just Mcbikes
In 2008 Cannondale was sold to Dorel. A Canadian
company that owns the ruins of many great brand such as Schwinn
. This makes the prospects look good to being just another Schwinn
. A once great name that was dragged through the mud to make a fast buck on customers that don't know better but will learn why the price is so low. With the move to sell cheap bikes they have decided to compete with Asian brands and rebranders like Trek in a very crowed market. Most Treks are made by Giant in Taiwan.
You'd now be better off getting a Specialized
. They are made in Taiwan but the parent companies have better track record on components and craftsmanship.
The main reason to buy a Cannondale was to own a quality American made bicycle that you knew was made in Pennsylvania. Now it's is just rebranded Chinese crap. Fred
s will probably knock themselves out to get a once premium name for 300 bucks.