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RVB Poll: Sales Unaffected by FEMA Concerns

October 31, 2007 by · Leave a Comment 

While acknowledging concern over potential long-term perception issues, the latest RVBUSINESS.com Industry Poll showed that a solid majority of RV industry insiders felt that reports about “unhealthy” levels of formaldehyde in units used for hurricane relief had not impacted sales of mainstream trailers. Fully 74% of participants felt that allegations of health problems among residents and the resulting negative publicity were limited to the Emergency Living Units (ELUs) built by manufacturers... Read more

Monaco Shows 3Q Profit, Motorized Sales Up

October 31, 2007 by · Leave a Comment 

Monaco Coach Corp. swung to a third-quarter profit from a year-earlier loss on 10% higher sales, fueled by market share growth in its motorized division coupled with improved operating efficiencies. “We have made good progress on several initiatives so far in 2007,” said Kay Toolson, chairman and CEO for the Coburg, Ore.-based full-line builder. “Most noticeably, our extensive realignment of production and consolidation of sub-assembly plants have improved our operations and margins.” Toolson... Read more

Camping World, Chevy Team up on Promotion

October 31, 2007 by · Leave a Comment 

Camping World/FreedomRoads today (Oct. 30) announced a promotional partnership with Chevrolet making it the company’s Official Car and Truck. According to a press release, the partnership will provide “multiple promotional platforms and opportunities for the companies.” As part of the arrangement, Camping World/FreedomRoads customers who purchase an RV will receive a $500 certificate toward the purchase of any General Motors vehicle, which is combinable on top of other incentive programs. “My... Read more

September Shipments Dip, Most Segments Flat

October 31, 2007 by · Leave a Comment 

Towable and motorized wholesale shipments were down slightly in September as overall deliveries showed a 3.6% decline from a year ago, according to the Recreation Vehicle Industry Association (RVIA). Overall September shipments fell to 26,800 units compared with 27,800 in 2006. For the first nine months, deliveries dropped 11.1% to 281,100 units from 316,100 the previous year. Travel trailer shipments were flat for the month, indicating that wholesale is beginning to match retail demand as dealers... Read more

California Fires Slow Traffic at Pomona Show

October 31, 2007 by · Leave a Comment 

Attendance at the California RV Show, Oct. 12-21, at the Fairplex in Pomona, Calif., was down 6% compared to last year, thanks in part to the San Diego-area forest fires raging about 120 miles south that led to the evacuation of 900,000 people. Attendance for the 10-day show was 33,638 compared to 35,945 in 2006. “The fires had an effect on the final weekend’s attendance with the freeways being closed,” said Mary “Mike” Hutya, vice president for meeting and shows for the sponsoring... Read more

Fed Cuts Rates 1/4-Point to Boost Economy

October 31, 2007 by · Leave a Comment 

The Federal Reserve gave the economy another shot Wednesday (Oct. 31), cutting short-term interest rates by a quarter-point to bring them to the lowest level in the tenure of new Fed Chairman Ben Bernanke. CBS MarketWatch reported that the reduction in the federal funds rate to 4.50% is meant to spur the economy through lower borrowing costs. Lower rates should also help Wall Street firms and banks. While growth has been solid, “the pace of economic expansion will likely slow in the near-term,... Read more

Monaco Introduces Front-Engine Diesel SURV

October 30, 2007 by · Leave a Comment 

Under one version of Monaco Coach Corp.’s new Compression-brand Class A toy hauler at late November’s Louisville Show for the first time will be a 28,000-pound GVWR, CCP FD-28, front-engine diesel chassis manufactured by Custom Chassis Products LLC, a fledgling partnership between Monaco and International Truck Corp.’s Workhorse Custom Chassis LLC subsidiary. The CCP joint venture, announced in March, is currently building Workhorse chassis and all of Monaco’s proprietary Roadmaster rails... Read more

Coachmen 3Q Loss Widens on ‘Bleak’ Conditions

October 30, 2007 by · Leave a Comment 

Elkhart Ind.-based builder Coachmen Industries Inc. reported a wider net loss for its third quarter, citing the effects of the “worst contraction in housing since the early 1990’s” and continued weakness in the recreational vehicle market. “Against this bleak backdrop of industry conditions, I am pleased that we made significant progress on many fronts in our efforts to return Coachmen to the black,” said Richard M. Lavers, president and CEO. “Our sales were down only 5% year-over-year,... Read more

Patrick’s 3Q Sales up, Earnings Down Slightly

October 30, 2007 by · Leave a Comment 

Recreational vehicle and manufactured housing supplier Patrick Industries Inc. reported a 50% increase in sales for its third quarter, ended Sept. 30. Profits, however, were lower due to restructuring costs and other charges associated with the recent acquisition of Adorn LLC, according to the company. Net income during the period was $166,000 versus $406,000 the previous year while sales jumped 50% to $136.6 million from $90.9 million. For the nine months, Patrick reported a net loss of $1.8 million... Read more

AGI Schedules Second Campground Conference

October 30, 2007 by · Leave a Comment 

Affinity Group Inc. (AGI) has announced plans to hold its second annual RV Resort & Campground Conference & Expo Jan. 21- 23 at the InterContinental Hotel in New Orleans, La. The three-day conference will feature educational seminars on the latest trends affecting private membership parks as well as commercial parks that are open to the public. Motivational speaker Andy Cohen will provide the keynote address while Gary LaBella, vice president of public relations and advertising for the... Read more

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