Local News

Supplier for Chicago’s Divvy bike program files for bankruptcy

divvybikesThe Canadian company that provides the supplies for Chicago’s Divvy bike-sharing program is filing for bankruptcy.

The mayor of Montreal announced that the Public Bike System Company made the filing Monday.

Despite the filing, there is no indication that the future of Chicago’s Divvy program is in danger.

There are more than 3000 divvy bikes in Chicago, and 300 bike docking stations.

Chicago city leaders have not yet commented on the bankruptcy.

This is a developing story. Check back for details.

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4 Comments to “Supplier for Chicago’s Divvy bike program files for bankruptcy”

    Out of the Frey said:
    January 20, 2014 at 7:07 PM

    It's all legit………….

    I-fleece-em said:
    January 21, 2014 at 5:52 AM

    Take those taxpayer millions and run – or in their case pedal away.

    Enrique said:
    January 21, 2014 at 3:14 PM

    These are overpriced aluminum framed hybrid bicycles. Entry-level race bikes (roadies) with adequate components are $1200 the price each Divvy bike. The taxpayer always gets hosed.

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