RVB Poll: Sales Unaffected by FEMA Concerns

October 31, 2007 by · Comments Off on RVB Poll: Sales Unaffected by FEMA Concerns 

While acknowledging concern over potential long-term perception issues, the latest 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 · Comments Off on Monaco Shows 3Q Profit, Motorized Sales Up 

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 · Comments Off on Camping World, Chevy Team up on Promotion 

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 · Comments Off on September Shipments Dip, Most Segments Flat 

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 · Comments Off on California Fires Slow Traffic at Pomona Show 

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 · Comments Off on Fed Cuts Rates 1/4-Point to Boost Economy 

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 · Comments Off on Monaco Introduces Front-Engine Diesel SURV 

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 · Comments Off on Coachmen 3Q Loss Widens on ‘Bleak’ Conditions 

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 · Comments Off on Patrick’s 3Q Sales up, Earnings Down Slightly 

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 · Comments Off on AGI Schedules Second Campground Conference 

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

Oct. Consumer Confidence Hits Two-Year Low

October 30, 2007 by · Comments Off on Oct. Consumer Confidence Hits Two-Year Low 

With Christmas only about eight weeks away, shoppers are feeling more forlorn about the economy than they have since hurricanes Katrina and Rita battered the Gulf Coast two years ago. The Associated Press reported that the New York-based Conference Board said today (Oct. 30) that its Consumer Confidence Index fell to 95.6 from a revised 99.5 in September. It was the lowest reading since 85.2 in October 2005 when gas and oil prices soared after the hurricanes deluged New Orleans and shut down a large... Read more

Good Sam Authorized Dealer Network Grows

October 29, 2007 by · Comments Off on Good Sam Authorized Dealer Network Grows 

Building on the strength and recognition of the Good Sam brand, Affinity Group Inc.’s (AGI) two-year-old Good Sam Authorized Dealer program has steadily grown its network of retailers while expanding the menu of services and benefits for consumers. “One of the things we’ve focused on over the last 12 months has been to grow the existing dealer network from a product sales standpoint as well as growing the number of dealers,” said Larry Chandler, director of the Good Sam Authorized Dealer... Read more

Kick Anyones Azz

October 29, 2007 by · Comments Off on Kick Anyones Azz 

La Mesa RV is partnering with California campgrounds to assist victims of the wildfires that ravaged the southern part of the state. According to a press release, the dealership is donating a motorho Kick Anyones Azz me or trailer for a one-week time period to parks in the San Diego area, including Campland On The Bay, KOA in Chula Vista and Chula Vista RV Resort. La Mesa operates nine RV dealerships in the U.S., including two in the fire-affected areas. In addition, La Mesa RV is placing a special... Read more

Country Coach Debuts ‘Founder’s Edition’ Rigs

October 29, 2007 by · Comments Off on Country Coach Debuts ‘Founder’s Edition’ Rigs 

After returning to Junction City, Ore.-based Country Coach Inc. following a change in ownership, company founder Bob Lee reportedly set out “to design the ideal luxury motorcoach, encompassing comfort and luxury in a practical living space.” The result: the 2008 43-foot Country Coach Inspire 360 (interior shown here) and the 43-foot Allure 420 Founder’s Editions. The Inspire 360 FE features the line’s first tag axle on the company’s own 45,200-pound GVWR DynoMax chassis powered... Read more

Analysts Expect Federal Reserve to Cut Rates

October 29, 2007 by · Comments Off on Analysts Expect Federal Reserve to Cut Rates 

An anticipated second straight interest rate cut by the Federal Reserve is helping to cancel out the effects of spiraling oil prices with investors, according to an Associated Press report. The Fed begins its two-day meeting on Tuesday (Oct. 30), and the market widely expects a rate reduction the following day. Central bankers lowered rates by a half-point in September to help combat a sluggish economy and turmoil in the credit markets. But with energy prices soaring to new records, inflation risks... Read more

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