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Blue Ribbon Panel to Discuss RV Industry’s Future

August 24, 2001 by · Leave a Comment 

A blue ribbon panel will discuss the RV industry’s future during the Recreation Vehicle Dealers Association (RVDA) Convention/Expo next month in Las Vegas. The panel discussion will take place on Sept. 23, the first day of the gathering, which will continue through Sept. 25 at the Rio All-Suite Casino Resort. The panel discussion will take place from 3:15 p.m. to 4:30 p.m. on Sept. 23. Here is a list of the panelists: Tom Faludy, president of supplier firm Carefree of Colorado and chairman of the... Read more

Illinois Campgrounds Sue Over Restrictive Ordinance

August 24, 2001 by · Leave a Comment 

Eleven RV parks in Lake County, Ill., have filed suit in circuit court to overturn county regulations that they say would threaten their businesses. The board’s regulations require 50-foot setbacks on all sides of an RV park. Park owners also must put fences 25 feet in from the property line and landscape the neighbor’s side of the fence. In addition, the regulations prohibit the parks from operating between Nov. 1 and March 31. “We are being driven out of business,” says Pat Diebold,... Read more

Towable RV Retail Sales Down in June

August 23, 2001 by · Leave a Comment 

Retail sales of travel trailers, fifth-wheels, folding campers and park models declined 10% in June, when compared with June 2000, according to Statistical Surveys Inc., and independent market research firm. During the second quarter, combined retail sales of the four product categories declined 8.9% and they were down 9.4% when the first half of this year is compared with the first half of 2000, Statistical Surveys reports. During June, a total of 26,482 travel trailers, fifth-wheels, folding campers... Read more

MagneTek Purchased, Now It’s Parallax Power

August 23, 2001 by · Leave a Comment 

New York-based American Circuit Breaker Corp., parent company Provident Industries, recently purchased MagneTek RV Power Supplies, a supplier of electrical components to the RV industry. The new subsidiary, Parallax Power Components LLC, is continuing operations at its Goodland, Ind., headquarters, according to the company. Parallax will continue to offer a full-line of electronic switch mode converter/chargers; power centers integrating converter/chargers with AC/DC distribution; line generator... Read more

Forest River Buys Starcraft’s Bus Business

August 23, 2001 by · Leave a Comment 

RV manufacturer Forest River Inc. has purchased the shuttle bus and handicapped accessible vehicles business of Starcraft Corp. for $8.3 million in cash plus a possible additional $500,000, depending on future earnings, the two companies announced. The acquisition of Starcraft’s bus and mobility business adds to Forest River’s portfolio, which already included towable RVs, motorhomes, park models, office trailers, cargo trailers, pontoon and bass boats. The closely-held Forest River’s annual... Read more

Census Finds High Percentage of RV Dealers Are Small

August 22, 2001 by · Leave a Comment 

Almost two out of every five RV dealers can be considered small while a relatively small number of big RV dealers account for a disproportionately high percentage of total industry sales, according to U.S. Census Bureau data that was analyzed by the Recreation Vehicle Dealers Association (RVDA). The census bureau gathered the data about RV dealers during 1997, but RVDA President Mike Molino believes the number of RV dealers in business now is about equal to the number in business four years ago. The... Read more

European RV Market Relatively Strong

August 22, 2001 by · Leave a Comment 

The European RV market showed relative strength during the first quarter of this year, when compared with its U.S. counterpart, according to data collected by the European Caravan Federation. The federation, based in Kriftel, Germany, gathered vehicle registration data from 15 European countries and found the number of motor caravans sold increased 0.9% in the first quarter to 12,682 units while touring caravan sales declined 5.4% to 23,773 units. Motor caravans are equivalent to what North Americans... Read more

40-foot Diesel Pusher Stolen

August 21, 2001 by · Leave a Comment 

A 40-foot model year 2002 Newmar Mountain Aire diesel pusher motorhome was stolen from Newmar Corp.’s property in Nappanee, Ind., sometime last weekend (Aug. 18-19), according to the company. The unit is on a Freightliner chassis and has a charcoal exterior and burgundy interior. It was displayed at rallies earlier this summer and was photographed for use in company brochures. Newmar spokeswoman Kathy Mikel said she did not know whether the missing unit was awaiting delivery to a Newmar dealer... Read more

Fed Cuts Rates 1/4%, Hints More Possible

August 21, 2001 by · Leave a Comment 

As most economists expected, the Federal Reserve lowered interest rates another 1/4% today (Aug. 21). However, what may be more important to the outlook for the economy was the Fed’s statement today that it continues to be more worried about the sluggish pace of economic growth, than it is about inflation. That means, additional rate reductions can be anticipated later this year. The next regular meeting of the Federal Reserve Board Open Market Committee is scheduled for Oct. 2. The Fed’s action... Read more

Keystone/Elkhart Schedules Open House

August 21, 2001 by · Leave a Comment 

The Keystone RV Co. Elkhart Division has scheduled a dealer open house for this weekend (Aug. 25-26) to introduce the new “Hideout” sport utility trailer, all new Everest fifth-wheels and the repositioned and redesigned Challenger series of travel trailers and fifth-wheels. In addition to seeing the new model year 2002 units, the open house was scheduled to give current and prospective Keystone dealers an opportunity to tour the company’s facilities, said Bill Fenech, general manager... Read more

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