In Italy, bicycle sales have surpassed that of car sales. Last year, 1.75 million bicycles were sold in the country as compared to 1.748 million vehicles sold. This is the first occurrence since the Second World War.
Several factors could have contributed to this phenomenon. Firstly, the European debt crisis that resulted in job losses could have made some Italians turn to lower cost of transportation.
In addition, escalating fuel prices and high costs associated with maintaining a car could have affected car sales as well. Recently, petrol prices hit