Segway Slump
(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 |
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