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California May Allow 45-Foot Motorhomes

June 30, 2000 by · Leave a Comment 

A bill to allow motorhomes up to 45 feet long on California highways appears to be headed toward passage in the state legislature following approval by the Senate Transportation Committee in late June. The bill currently calls for a special driver’s license endorsement that will require written and practical driving tests and a medical statement from the applicant. Motorhomes over 40 feet would be restricted to what basically is the California truck-route system. However, individual owners, dealers... Read more

California May Allow 45-Foot Motorhomes

June 30, 2000 by · Leave a Comment 

A bill to allow motorhomes up to 45 feet long on California highways appears to be headed toward passage in the state legislature following approval by the Senate Transportation Committee in late June. The bill currently calls for a special driver’s license endorsement that will require written and practical driving tests and a medical statement from the applicant. Motorhomes over 40 feet would be restricted to what basically is the California truck-route system. However, individual owners, dealers... Read more

Class A Market Has Plateaued, Towables Still Growing

June 30, 2000 by · Leave a Comment 

The Class A motorhome market has plateaued while the towable market continues to expand, according to a survey of 45 RV dealers conducted by investment firm A.G. Edwards & Sons Inc. The survey was conducted June 14-15, according to Jeff Graff, the A.G. Edwards analyst who follows several RV companies. A.G. Edwards had been forecasting a 5% increase in Class A motorhome shipments during the second half of this year, but it now believes the Class A market will be flat the remainder of this year... Read more

Class A Market Has Plateaued, Towables Still Growing

June 30, 2000 by · Leave a Comment 

The Class A motorhome market has plateaued while the towable market continues to expand, according to a survey of 45 RV dealers conducted by investment firm A.G. Edwards & Sons Inc. The survey was conducted June 14-15, according to Jeff Graff, the A.G. Edwards analyst who follows several RV companies. A.G. Edwards had been forecasting a 5% increase in Class A motorhome shipments during the second half of this year, but it now believes the Class A market will be flat the remainder of this year... Read more

Pickup Conversions Up, Van and SUV Conversions Down

June 30, 2000 by · Leave a Comment 

The wholesale demand for converted pickup trucks was higher during May while the van conversion market continued on its downward trend, according to data gathered by the Recreation Vehicle Industry Association (RVIA). Meanwhile, the small market for converted sport utility vehicles (SUVs) got smaller in May, the RVIA reported. Van conversion shipments declined 16% in May to 7,900 units and were down 19.4% during the first five months of this year to 36,600 units. Pickup truck conversions, on the... Read more

Pickup Conversions Up, Van and SUV Conversions Down

June 30, 2000 by · Leave a Comment 

The wholesale demand for converted pickup trucks was higher during May while the van conversion market continued on its downward trend, according to data gathered by the Recreation Vehicle Industry Association (RVIA). Meanwhile, the small market for converted sport utility vehicles (SUVs) got smaller in May, the RVIA reported. Van conversion shipments declined 16% in May to 7,900 units and were down 19.4% during the first five months of this year to 36,600 units. Pickup truck conversions, on the... Read more

National RV Gains, Most Other RV Stocks Mixed

June 30, 2000 by · Leave a Comment 

National RV continued to rebound Friday after closing at a new 52-week low earlier in the week. National RV stock climbed 9/16, or 5.7%, to close at 10 1/2 in New York Stock Exchange trading Friday. Skyline, primarily a manufactured home-builder, also gained 1 1/16, or 5.2%, on Friday to close at 21 1/2. Meanwhile, the broader market, particularly the Nasdaq composite, ended the second quarter on an upbeat note. The Nasdaq gained 89 points, or 2.3%, while the Dow Jones Industrial average climbed... Read more

National RV Gains, Most Other RV Stocks Mixed

June 30, 2000 by · Leave a Comment 

National RV continued to rebound Friday after closing at a new 52-week low earlier in the week. National RV stock climbed 9/16, or 5.7%, to close at 10 1/2 in New York Stock Exchange trading Friday. Skyline, primarily a manufactured home-builder, also gained 1 1/16, or 5.2%, on Friday to close at 21 1/2. Meanwhile, the broader market, particularly the Nasdaq composite, ended the second quarter on an upbeat note. The Nasdaq gained 89 points, or 2.3%, while the Dow Jones Industrial average climbed... Read more

Heritage Foundation to Buy Land for New Hall of Fame

June 30, 2000 by · Leave a Comment 

The Board of Directors of the RV/MH Heritage Foundation Inc. has reached an agreement to buy 40 acres near Elkhart, Ind., for construction of a new RV/MH Hall of Fame facility. The new location would be along I-80/90 (also known as the Indiana Toll Road) near the Elkhart East exit. It is highly visible to motorists traveling cross-country, which makes it better than the current hall of fame location near downtown Elkhart, several miles from the interstate. The property is located southeast of the... Read more

Will The Fed Raise Rates on Aug. 22?

June 29, 2000 by · Leave a Comment 

High interest rates apparently discouraged many RV dealers from ordering Class A motorhomes during the last few months, so the industry breathed a sigh of relief when the Federal Reserve decided not to raise interest rates on Wednesday. But the next question is: will the Fed decide to raise rates when it meets again on Aug. 22? A reading of the Fed’s news release issued Wednesday suggests another rate increase is possible in two months. “Signs that growth in demand is moving to a sustainable... Read more

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