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Thor, Drew Stocks Soar on Favorable Analyst Reports

July 31, 2009 by · Leave a Comment 

The stocks of Thor Drew Industries Inc. and Thor Industries Inc. soared on Wall Street today (July 31) following favorable reports by analysts. Shares of Drew Industries Inc., which supplies components for recreational vehicles and manufactured homes, surged after the company reported its profit sank 72%, but its results easily surpassed Wall Street expectations, according to the Associated Press. An analyst also raised his rating on the stock. The results beat analysts’ estimates of a 6-cents-per-share... Read more

Lazydays Named Winnebago’s Top Selling Dealer

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Lazydays RV  Center Inc., Seffner, Fla., was recently recognized by Winnebago Industries Inc. as its top selling dealer for the 2009 model year. This marks the fourth consecutive year that Lazydays has achieved this No. 1 selling status. Additional achievements include top Winnebago dealer (both national and eastern area) and top Itasca dealer (both national and eastern area), according to a news release. “Perhaps the most impressive thing about the Lazydays team is that in addition to... Read more

Travel Magazine Cites World’s Trendiest Airstream Hotels

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  Airstreams at Grand Daddy Hotel in Cape Town, South Africa “Airstreams are vintage, iconic, unique,” says Jody Aufrichtig, who spent months and millions to buy, import and renovate a small fleet of vintage Airstreams. The point? To put them on the roof of his four-star Cape Town, South Africa, hotel, the Grand Daddy, and create what he calls a Penthouse Trailer Park. Trashy? No way. Try flashy, notes Travel + Leisure magazine. Airstream travel trailers, those iconic silver bullets,... Read more

Thor CC Inc. Partners with Michigan Credit Union League

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The Michigan Credit Union League announced a marketing agreement with Thor Industries Inc., the largest producer of recreational vehicles, to aid credit unions offering secured RV loans through Thor’s captive finance firm, Thor CC Inc., according to Credit Union Times. Under the marketing pact, CUcorp, the league’s marketing subsidiary, will promote “high-quality consumer RV loans” and “broaden the complement of lending products we provide to credit unions,” according... Read more

Fleetwood Bounder Classic in the ‘Heart of the Market’

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Fleetwood RV Inc., Decatur, Ind., has gone back to basics with the introduction of the gas-powered Bounder Classic in three 30- to 34-foot dual-slideout floorplans with MSRPs of about $100,000. ”What we found is our Bounder product for the stable, value-oriented buyer had just migrated too high in price,” Fleetwood President John Draheim told RVBusiness last week during the Family Motor Coach Association’s 82nd Annual International Convention in Bowling Green, Ohio., where the coach... Read more

PGA Touring Pros Make Homes on the Road in RVs

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When the Buick Open tournament comes to Warwick Hills, so do 136 golfers. Many of them are also bring their family along on tour, according to WJRT-TV, Mid-Michigan. As you can imagine, life on the tour can be lonely for golfers. Many spend weeks at a time away from their family and friends. But some of them have figured out a way to bring their wives, children and many of the comforts of home right along with them in fully stocked RVs. Omar Uresti says the RVs many of the golfers use on tour... Read more

Country Coach LLC Elaborates on New Partnership

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Country Coach LLC today (July 31) released additional details regarding its corporate partnerships and company events. Junction City, Ore.-based Country Coach announced that Recreation Live LLC is completing the immediate purchase of new Country Coach motorcoaches with a wholesale value in excess of $3 million to bolster its inventory, while the Country Coach partnership is finalized. Once the partnership is approved by the court, Recreation Live expects to own approximately half of the new Country... Read more

North Dakota RV Dealers, Parks Ducking Downturn

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The state of North Dakota, at least some of the score of RV dealerships spread out across the state as well as its campgrounds have apparently avoided the recession. Kurt Leier, the sales manager for Capital RV Center Inc. in Bismarck, said the dealership’s two stores in the state sold a combination of about 900 RVS in 2008, which is its second highest earning year in its 23-year history, according to KFYR-TV, Bismarck. “We’re stable here but what we’re seeing is probably... Read more

Go RVing Publicity Shoot to be Held in Elkhart Area

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A Go RVing shoot will take place between Aug. 24 and 28 in the Elkhart, Ind., area to showcase the latest RV industry products in new streaming video and photos for GoRVing.com. The popular Go RVing website and consumer video are being updated in preparation for the debut of new television spots in 2010, according to a story in the current edition of RVIA Today Express. At its June meeting, the Go RVing Coalition endorsed the creation of new TV advertisements and online video in order to re-energize... Read more

New Jersey to Amend Park Model Regulations?

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  Carol Lynn Resort The state of New Jersey has reportedly agreed to back off residency rules that threatened to evict residents this fall at a Cape May County campground, according to The Press of Atlantic City.  About 60 residents of Carol Lynn Resorts in Woodbine met with state Sen. Jeff Van Drew, D-Cape May, Cumberland, Atlantic, about the state’s decision last year to impose a six-month residency limit on seasonal campgrounds.  Van Drew announced that the state Department of Community... Read more

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