Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

Segway Slump
By Nina Sovich

(FORTUNE Small Business) – Since FSB wrote about the Segway two years ago, sales of the ballyhooed upright motorized scooter have sputtered. Fewer than 10,000 have sold so far, a far cry from the 40,000 annual goal. One hangup: few places to test-ride the $4,000 Segway, sold mostly online. Expect a fresh approach from new CEO Ronald Bills. -- NINA SOVICH