Cruiser bicycle Sears, Roebuck and Company, the Elgin Motor Bike was advertised, and the term motor-bike was explained as follows, "The term "Moto-Bike" has reference only to the type of frame, meaning that it is built on the order of a motorcycle". Schwinn was one of many manufacturers who contributed to the development of the cruiser at a time when U.S. bicycle sales had declined sharply due to the Great Depression; adults purchased few bicycles, which were seen as luxury products intended largely for sport or recreation. In response to other manufacturers' innovations, Schwinn conceived their own sturdy, affordable bicycle designed for
Trek Bicycle Corporation annual Trek World dealer convention in Madison, Wisconsin. Central to 1 World 2 Wheels is its "Go By Bike" initiative, which urges Americans to ride their bikes instead of drive their cars for trips of two miles (3 km) or less. Through 1 World 2 Wheels Trek also pledged $1,000,000 to help fund the League of American Bicyclists’ "Bicycle Friendly Community" program and committed $600,000 to the International Mountain Bicycling Association's (IMBA) Trail Solutions Services. On January 6, 2014, Trek announced the acquisition of the Electra Bicycle Company. In 2009, Trek created the Trek Women Triathlon Series. 2011, Trek sponsored