A once great American bicycle company, now just another mcbike. The company had a failed attempt to manufacture ATV and Motocross 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 from China.
In 2008 Cannondale was sold to Dorel. A Canadian company that owns the ruins of many great brand such as Schwinn, GT and Mongoose. This makes the prospects look good to being just another Schwinn or Raleigh. 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 or Bianchi. 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. Freds will probably
knock themselves out to get a once premium name for 300
bucks.
