Winnebago’s Profits Are Up, Stock Price Down

December 18, 2002 by · Leave a Comment 

Winnebago Industries Inc. reported today (Dec. 18) that it earned more money during its first fiscal quarter than Wall Street expected, but the company’s stock price fell $4.83 a share, or almost 11%, to close at $40.84 in New York Stock Exchange trading. Market analyst Schaeffer’s Investment Research described Winnebago’s stock price decline as “strange.” Winnebago’s net earnings for the three months ended Nov. 30 were up 52% over the same period a year ago on record sales for the September-through-November... Read more

Luxury RV Park Included in Dallas Raceway Plans

December 17, 2002 by · Leave a Comment 

A luxury RV resort is among the amenities planned for a new raceway proposed for Waxahachie, Tex., which is south of Dallas, according to the Dallas Morning News. The new development, called Boundless Motorplex, would be on 1,420 acres and would include a grand prix-style road-race course along with five motocross tracks and a lake for personal watercraft and powerboat races, the newspaper reported. The $100 million project is scheduled to open in 2004 and would include seating for 100,000 race fans. A... Read more

ARVC Awards Presented

December 17, 2002 by · Leave a Comment 

Several campground operators, state associations and industry officials were honored last month for their promotional efforts and work on behalf of the campground sector. The National Association of RV Parks & Campgrounds (ARVC) presented the following awards during its annual InSites 2002 Convention and Expo in Memphis, Tenn.: • Brochure of the Year: Garden of the Gods Campground, Colorado Springs, Colo. • Direct Mail Promotion of the Year: BethPage Camp Resort, Urbana, Va. • Website... Read more

Fleetwood’s Louisville Sales Up 27%

December 17, 2002 by · Leave a Comment 

Fleetwood Enterprises Inc. reports it wrote $110 million worth of orders during the RV industry’s National Trade show in Louisville earlier this month, a 27% increase over last year’s show. Fleetwood’s Coleman folding camper/expandable travel-trailer operation was among the contributors to the increase. Its orders were “almost double last year’s,” said Larry Marsh, vice president and general manager of Coleman. At Louisville, Coleman had three new floorplans on display, including the... Read more

Motorhome Retail Up 12% in October

December 17, 2002 by · Leave a Comment 

Retail sales of Class A and Class C motorhomes, combined, were up 12.1% when October of this year is compared with October 2001, according to Statistical Surveys Inc., an independent market research firm. Class A retail sales were up 11.8% in October to 2,738 units sold by dealers in the 44 states from which Statistical Surveys was able to gather data. Statistical Surveys was unable to gather sales data from Alaska, Massachusetts, New Hampsire, Oklahoma and South Carolina in time for its report and... Read more

Motorhome Becomes Mobile Fitness Biz

December 16, 2002 by · Leave a Comment 

For years, entrepreneurs have adapted motorhomes for use as everything from mobile offices to barber shops that they use for cutting customers’ hair in suburban office-building parking lots. And a New Jersey man has come up with another idea: a health club on wheels in which the gym is brought to the customers’ driveway, according to The Record of Hackensack, N.J. The owner of Motogym Inc. is John Cameiro, a Harrison, N.J., police officer who stocked a 34-foot Class A motorhome with 300 pounds... Read more

Sztykiel Opens Nasdaq Market Today

December 16, 2002 by · Leave a Comment 

Spartan Motors Inc. President and CEO John Sztykiel presided over the opening of the Nasdaq Stock Market in New York today (Dec. 16) as part of a visit to Manhattan to publicize the introduction of his company’s updated Me2 midengine diesel motorhome chassis. The Travel Supreme ME 41-foot motorhome, which was introduced during the National RV Trade Show in Louisville earlier this month, also is at the Nasdaq MarketSite on Times Square in Midtown Manhattan today. Sztykiel believes the updated Me2... Read more

Reese/Draw-Tite Now Are Cequent Brands

December 16, 2002 by · Leave a Comment 

The TriMas Transportation Accessories Group, manufacturer of the Reese and TriMas brands of towing equipment products, has been renamed Cequent and it has opened a new factory in Goshen, Ind. “We are not the same company with a different name,” said Scott Hazlett, president of Plymouth, Mich.-based Cequent. “We are an organization with operating principles that leverage 75 years of strong brands, market-leading products and financial stability to become a global, world-class manufacturer, marketer... Read more

Cummins Unit Builds Motorhomes in Australia

December 16, 2002 by · Leave a Comment 

Say “g’day mate” to Swagman Motorhomes, the Australian motorhome builder owned by Cummins Inc. Although it is not widely known within RV industry circles in North America, Cummins, the key supplier of diesel engines to the motorhome sector, has owned Swagman since November 1999. Additionally, Monaco Coach Corp.’s Roadmaster chassis assembly operation in Elkhart, Ind., is Swagman’s primary source for chassis, according to John Wrightman, Swagman’s general manager. Swagman was founded in... Read more

Camping World Named a Top 50 Internet Retailer

December 13, 2002 by · Leave a Comment 

Camping World recently was named a Top 50 Internet retailer by Internet Retailer magazine, according to the RV accessories store chain. Camping World, which includes 30 retail stores nationwide and a mail-order business that produces more than 1,500 orders a day, was named to Internet Retailer’s Best of the Web listing in the specialty/nonapparel category. Internet Retailer publishes a national trade magazine and hosts a website targeted at “e-commerce strategies for merchants and catalogers.” In... Read more

Rexhall Has “Best Ever” Louisville Show

December 13, 2002 by · Leave a Comment 

Class A motorhome manufacturer Rexhall Industries Inc. has joined the list manufacturers saying last week’s National RV Trade Show in Louisville was their best ever. The Lancaster, Calif.-based company wrote more dealer orders during the 2001 version of the Louisville Show, but that was “an anomaly,” said Mike Bourne, executive vice president and COO. Dealer inventories were unusually low late in 2001 because dealers were worried about the impact of the 9/11 attacks on the RV retail market,... Read more

Skinner Says Campground Upgrades Will Pay Off

December 13, 2002 by · Leave a Comment 

The campground business was up in most parts of the country in 2002, despite wildfires, droughts and a sluggish national economy that has negatively affected other travel sectors, according to the collective leadership of the National Association of RV Parks & Campgrounds (ARVC). But in speeches before representatives of roughly 625 campgrounds who attended ARVC’s Insites 2002 Convention and Expo last month in Memphis, campground and RV industry leaders warned that the sector faces numerous... Read more

Hart City to Get Camping World Store

December 13, 2002 by · Leave a Comment 

Hart City RV Supercenter, Elkhart, Ind., will invest in the construction of some new facilities to house a Camping World accessories store that is expected to open the middle of next summer, according to Hart City owner Dick Aker. “It’s a great opportunity for Hart City and for Elkhart,” Aker said. “It’ll make our dealership and Elkhart a destination for RVers.” Under the terms of the agreement with Camping World, a national chain of RV-related aftermarket accessories stores, Hart City... Read more

National RV Louisville Order Volume Doubled

December 12, 2002 by · Leave a Comment 

Dealers ordered a little more than twice as many National RV Inc. units during last week’s National RV Trade Show in Louisville than they did at the show in 2001, according to Joe McDermott, vice president of sales and marketing for the Perris, Calif.-based company. The stronger order volume suggests that National RV, a unit of National RV Holdings Inc., made a wise move when it decided to target lower price points, emphasize gas engine units and triple slide floorplans for 2003, he said. “Our... Read more

Newmar Had “Above Average” Louisville Show

December 12, 2002 by · Leave a Comment 

Newmar Corp., the Nappanee, Ind.-based manufacturer of mid- to highline motorhomes and towable RVs, experienced “above average” sales during last week’s National RV Trade Show in Louisville, said Dick Parks, president. Newmar’s sales were “slightly above last year unit wise” Parks said. “Dealers were fairly optimistic,” he added. “Most of them had decent years financially (in 2002).” Earlier this year, Newmar introduced the Essex “entry-level highline” diesel and the Scottsdate... Read more

« Previous PageNext Page »