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4 Articles
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Bike sales crash in Finland after tax break removed
Bicycle sales in Finland have sharply declined this spring after the government discontinued a tax incentive scheme that allowed employees to purchase bikes through their employer tax-free. According to the Fashion and Sports Commerce Association, e-bike sales have fallen by about 70 percent and traditional bike sales by 25 percent compared to the same period last year. Overall, total bicycle sales are down by as much as 40 percent.
·Finland
Read Full ArticleThe government's decision to abolish the employee bicycle benefit was a bitter surprise for the bicycle industry just before the most important sales season. Sales of the valuable electric bicycles came to a standstill.
·Turku, Finland
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Total News Sources4
Leaning Left1Leaning Right0Center1Last UpdatedBias Distribution50% Left, 50% Center
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
50% Center
L 50%
C 50%
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