APRIL 9, 2002

Renault Sport bicycles?

The Renault company has decided to extend the use of its Renault Sport name beyond the realms of motor racing and is to launch a range of electric, folding bicycles bearing the name.

THE Renault company has decided to extend the use of its Renault Sport name beyond the realms of motor racing and is to launch a range of electric, folding bicycles bearing the name. The bicycles are being built in Taiwan by the Giant group. The Renault company currently sells 8,000 bicycles a year but hopes that "Renault Sport" will pump up the volume and make a bigger impression in a market which is reputedly around 15m bikes a year.