Fuji Bikes a steep decline in touring and road bike sales. This allowed manufacturers such as Specialized, Giant, and Trek to make inroads into Fuji's share of U.S. bicycle sales, often using frames produced at lower cost in Taiwan. With the continued rise of the yen, Fuji fell on hard times in the early 1990s. One of the last Japanese bike companies to shift production to Taiwan after the fall of the dollar, Fuji bicycles cost more in the United States than most competing brands, causing a drop in sales. Fuji bicycles produced in Taiwan were not as well regarded by U.S.
Butterfly Trek Madone Butterfly Trek Madone The Butterfly Trek Madone, an artwork utilizing a bicycle by Damien Hirst, became the world's most expensive bicycle when it was bought at auction for $500,000. It was designed by Hirst, who used real butterfly wings that were placed onto the actual frame and rims of the bicycle. The bike had been ridden by Lance Armstrong in the 2009 Tour de France. The "Butterfly Trek Madone" currently holds the title of the most expensive bike sold in the world. The second most expensive bike ever sold was the Trek Yoshitomo Nara Speed Concept that was sold for