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After TREK buys CANNONDALE - how will Cbikes change?(10 posts)

After TREK buys CANNONDALE - how will Cbikes change?frog-gel
Jan 2, 2003 2:59 PM
Now that it is certain that Cannondale will soon file Chapter 11 - what will happen? It seems everyone thinks Trek will buy the name and maybe some assets ~ at least Trek Dealers and Cannondale Dealers seem to assume that is in the works.

But Cannondales are much different than Treks - I wonder if Trek will allow the designs to stay independent OR will Cannondale just be another rebranded Trek - like LeMond and Fisher?

If they go the way of Fisher and Lemond; whats the point? Who needs more Treks with different decals? Why not just buy a Trek if that is what you like?

Another intersting question, does the sport lose anything by Cannondale being taken over or sold out? I know they have developed lots of new ideas; but none ever seems to stick anyway.

And last, will warranty on Cannondale still be good - or will customers get stuck again, like with GT?
Why can't we all get along? :-) (nm)TREKY
Jan 2, 2003 3:05 PM
re: After TREK buys CANNONDALE?geeker
Jan 2, 2003 4:29 PM
"Now that it is certain that Cannondale will soon file Chapter 11 "

Is this certain? I expect it to happen, but haven't seen any related news stories. Granted, the company's too small to get much coverage on business wires.

"It seems everyone thinks Trek will buy the name and maybe some assets"

I don't think so. I suppose they would if the price is right, but Trek already makes aluminum bikes and has plenty of production facilities in Wisconsin. I can't imagine Trek paying a price that would make creditors or bankruptcy trustees happy. I'd expect Cannondale to continue to operate for a while under Chapter 11. If that doesn't work out, Trek might bid in a fire sale.

"If they go the way of Fisher and Lemond; whats the point? Who needs more Treks with different decals? Why not just buy a Trek if that is what you like?"

Presumably, Cannondales sold under the Trek umbrella would keep their own geometry, so it'd be a question of fit if nothing else. I wonder if the "System Integration" concept would remain?

"Another intersting question, does the sport lose anything by Cannondale being taken over or sold out?"

I think that cyclists would lose, as a result of less competition among bike producers. For instance, Trek and Cannondale are currently the biggest competitors in boxed road bikes at the c. $2400 price point. If Cannondale disappeared, there'd be much less competition for Trek OCLVs.

"will warranty on Cannondale still be good"

If Trek buys the name, probably yes. If not, I have no idea.
my caad 6 is the bomb, I'll never go back to shimano crankswheelsucker
Jan 2, 2003 4:44 PM
which I doubt they will, they are too popular. I have a caad 6 which has the oversized bb and crank. I'll never go back to a dura ace crank or bb as long as I have my caad 6. I have a specialized tt bike that has a da crank and bb on it, it doesn't compare to the cannondale.
Wait 'till it's time to buy replacement parts....grzy
Jan 2, 2003 5:57 PM
...then we'll see where your attitude is. You're about to find out that C'dale customer service sucks the big one and that their products really aren't designed or tested that well. This comes from someone who is currrently on his 3rd C'dale MTB and has worked on quite a few C'dale road bikes. Funny thing is C'dale mostly produces it's Coda parts to save cost and actually builds a slew of cranks using the Shimano license for the splined BB. Any fool can wack out heavy and inferior parts on a CNC that won't last - it takes tallent and resources to forge and hollow cast to produce durable parts with a superior strength to weight ratio. The new '03 XTR crank/BB design will soon become standard for high end road machines - just like the spline did. Ain't no way you're stong enough to flex crank/BB interface anyway.
Right on GRZY... glad someone said it!CARBON110
Jan 2, 2003 7:11 PM
I will be the first in line for the NEW Dura Ace. It is going to be saweeet! Your last remark is true in many ways.They only thing anyone between 120-180lbs can flex on a bike are the spokes on low spoke wheels. Especially not the cranks and even the Caad 7 is easily damaged by just falling down, cant imagine crashing on that thing. Bummer about Cdale though... we need all the variety we can get! If they can make impractical cars, why not bikes too :) LOL!
Wait 'till it's time to buy replacement parts....divve
Jan 2, 2003 8:06 PM
...I think there's a bit of misunderstanding going on here. The SI Hollowgram cranks are actually offered as a superior option to DA. It's lighter and stiffer than DA...even lighter than XTR03 cranks. The oversized aluminum spindle alone is a mere 60 grams.
I've been using their Hollowgram crank on my MTB for a year now. It's still smooth as butter without any play whatsoever. No maintenance necessary whatsoever...unless you're planning to replace the bearings.
Competitors?benja15
Jan 3, 2003 1:40 PM
"I think that cyclists would lose, as a result of less competition among bike producers. For instance, Trek and Cannondale are currently the biggest competitors in boxed road bikes at the c. $2400 price point. If Cannondale disappeared, there'd be much less competition for Trek OCLVs"

Bikes in the 2400 price range fall way short of what bike shops usually sell. Maybe at this pricepoint they are competative, but otherwise Canondale bikes are priced far higher than Trek bikes. I work at a shop that sells both brands, and Canondale rarely enters the competition because so many of the bikes we sell are Navigators (where Cannondale bikes dont have a competative edge)
Not so fast...jromack
Jan 2, 2003 5:42 PM
If they file Chapter 11, that does NOT mean "going out of business". They are going to try to work out problems restablishing their line of credit with their suppliers, especially the ones associated with the ill-fated motorcycle venture.

They could pull out of this problem. First fire the moron who made the motorcycle decision!
Bankruptcy:Alexx
Jan 3, 2003 6:12 AM
Chapter 7 = total liquidation
Chapter 11 = reorganization
Seriously, Cannondale would be fine as soon as they get rid of that money-pit motorcycle business. We don' need no STINKIN' motorbikes!!