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Guaranty Auto & RV Posts Best Profits in 3 Years
Posted By RVBusiness On September 1, 2011 @ 8:28 am In Breaking News | No Comments
Junction City, Ore.-based Guaranty Chevrolet and RV Super Centers had its most profitable month in three years during July, according to a press release.
CFO Ed Morgan reported that both the Chevy Store and the RV Division showed a profit, which he feels this is a “good indicator that consumers are becoming more confident and showing a renewed interest in RVing.”
“Even as Navistar, the parent company of Monaco, announced its plans to consolidate manufacturing, our dealership is making strides in regaining a part of the momentum we experienced in the ’90s,” commented Shannon Nill, general manager, referring to Navistar International Corp.’s Aug. 2 announcement that it would be consolidating motorhome operations to Wakarusa, Ind.
“As the first and longest standing retail dealership for Monaco products, Guaranty will continue to offer the full line of Monaco products,” Nill continued. “While we are disappointed that jobs are leaving Lane County we understand that Monaco needed to make a strategic move to shift part of their motorhome production to their headquarters in Wakarusa.”
Nill emphasized that Monaco will continue to build towables in Coburg, Ore., adding, “According to current consumer trends, towables are the largest category within RVs. We will continue to have Monaco towables in our inventory as they remain a great value for the American’s travel options.”
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