Classic 1985 Schwinn Cimarron Mountain Bike 21" Bicycle Shimano Deore Xt The new company produced a collection of well-regarded mountain bikes bearing the Schwinn name, known as the Homegrown series.[62] In 2001, Schwinn/GT declared bankruptcy. The 2022 Schwinn Traxion mountain bike stands out as the one full-suspension bike in this roundup. The out-of-the-box configuration is suitable for cross nation adventures and possibly even bombing downhill programs. It is a well-liked choice amongst biking fanatics on the lookout for a dependable and capable mountain bike. A growing variety of US teenagers and younger adults have been buying imported European sport racing or sport touring bicycles, many fitted with multiple derailleur-shifted gears. Schwinn decided to meet the challenge by growing two strains of sport or highway 'racer' bicycles. One was already in the catalog — the restricted manufacturing Paramount collection.