Argentine Government Wants to Boost Bicycle Market

February 25, 2009 at 1:55 pm

(Source: TreeHugger)

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Photo: Cristina Fernandez de Kirchner, president of Argentina, holds a bike while presenting a plan to boost sales of these vehicles. Credit: Argentine presidency press service.

The Argentine government launched yesterday a plan to boost bicycles sales that expects to sell 200 thousand bikes.

Aimed at people with low resources, it will allow them to get a bike for a monthly payment of just 16 pesos, which is about 5 US dollars. In exchange, they will have to turn their old bikes in as part of payment.

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