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Segway Sales Hit All Time High, Thanks to High Oil Prices


We get that rising gas prices are putting folks in a world of hurt, but has it really gotten so bad that we're resorting to losing our dignity riding Segways? According to a recent writeup in 'The Wall Street Journal,' "sales at Segway Inc. have risen to an all-time high," and CEO Jim Norrod fully expects sales this quarter to "jump 50% from a year earlier."

Not surprisingly, many of its new customers are universities and public service divisions that are replacing traditional vehicles with the all-electric scooters, but we still get the impression that individuals are steering clear due to the their remarkably high prices (they start at $5,000) and laughable design. At least, that's what we'll continue to tell ourselves. [Source: The Wall Street Journal]

Tags: fuel, fuel prices, FuelPrices, gasoline, segway, transporter

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