Bicycles Outsell Cars in Italy

The Telegraph is reporting, "In a radical departure for the car-mad country, home to legendary marques such as Fiat, Ferrari and Lamborghini, 1,750,000 bikes were bought in 2011 compared to 1,748,000 motor vehicles."

Now this can't come as a surprise. Cars are expensive. They're expensive to buy, expensive to insure, expensive to maintain, expensive to run, and when times are tough the high cost of cars hits home. Will this happen in the US? Probably not, Italy has an extensive rail network that provides an alternative to driving. The US rail network, is not as extensive or accessible.