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Lippert Interiors Unit Moving to Old Cequent Site

March 29, 2014 by · Leave a Comment 

Lippert Components Inc. is breathing new life into the Goshen, Ind., facility vacated last year by Cequent Performance Products. As reported by the Elkhart Truth, Lippert is consolidating its “interiors” division, which makes mattresses and furniture for the RV industry, into the 366,000-square-foot building that Cequent vacated last year when the company moved local operations to Mexico. The new building, known as “Plant 50,” will house furniture and mattress production... Read more

Bus Builder Ameritrans Plans Jobs, Renovations

March 29, 2014 by · Leave a Comment 

The midsize transit bus business is in a good zone right now, said Michael DeMarco, national sales manager for Ameritrans Bus of Elkhart, Ind. The South Bend Tribune reported that the manufacturer and distributor of small to midsize buses announced plans Friday to expand its operations in Elkhart, creating up to 35 new jobs by 2017. The Elkhart business, which was acquired by Faribault, Minn.-based ABC Companies in 2012, will invest $429,384 to renovate and equip its new 50,000-plus-square-foot... Read more

Texas-Based Fun Town RV Rises From the Ashes

March 29, 2014 by · Leave a Comment 

Fun Town RV employees liken the Cleburne, Texas, dealership’s recent trajectory to a phoenix rising from the ashes, and they had plenty to celebrate on Wednesday (March 26). The Cleburne Times-Review reported that four years ago the dealership, then called FunTime RV, shut its doors and left 115 employees jobless. The dealership, at that time the largest volume dealer in the U.S., fell victim to adverse economic conditions and left RV manufacturers scrambling to redistribute several hundred units... Read more

Webinar to Review Dealer Regulatory Compliance

March 28, 2014 by · Leave a Comment 

Keeping apprised of regulatory efforts increasingly aimed at new vehicle sales is the focus of the next webinar hosted by the Mike Molino RV Learning Center in conjunction with online marketing firm KPA. According to a press release, the session is set for April 3 at noon EDT. RV dealers’ participation in the free, live event helps support the Learning Center’s development of new programs. To register click here or go to the Learning Center’s webinar page. Historically, regulators... Read more

Ind. Unemployment Rate Drops Again in February

March 28, 2014 by · Leave a Comment 

The seasonally-adjusted unemployment rate in Indiana continued its significant downward trend in February. The rate stands at 6.1%, down from an initially reported 6.4% in January. According to a press release, the number of unemployed Hoosiers is less than 200,000 for the first time since August of 2008. The unemployment rate has been on a downward slide so far in 2014 while the labor force has expanded by nearly 14,000. Indiana’s rate is now more than one-half of a percentage point below... Read more

Winnebago Overcomes Weather to Post Solid 2Q

March 28, 2014 by · Leave a Comment 

Winnebago's Randy Potts Although the severe winter had an effect on Winnebago Industries Inc. during the second quarter of fiscal year 2014, the company was able to overcome it, Winnebago’s Chairman, CEO and President Randy Potts said Thursday (March 27) in a conference call with investors. The Mason City Globe Gazette reported that despite inefficiencies created by severe weather, the company posted revenues of $228.8 million, an operating income of $14 million and a net income of $9.6 million... Read more

Ford’s V6 Engine Gaining Ground in Truck Sales

March 28, 2014 by · Leave a Comment 

The Ford 3.5-liter EcoBoost engine represents 46% of F-150 pickup truck sales in February and the 3.7-liter V6 represents 11%. 3D Car Shows reported that more than 57% of Ford Motor Co.’s F-150  retail sales so far this year are powered by V6 engines – the highest six-cylinder engine mix in the industry since 1967 – and the company expects that trend to continue for the rest of the year. V8 engines led truck sales for decades until recently.  Over the last three years, retail registrations... Read more

Ally Financial IPO Could Yield $2.7B for Treasury

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Ally Financial Inc., the former GMAC auto lender rescued by the U.S. government during the 2008 financial crisis, is helping the Treasury Department divest its stake by seeking as much as $2.7 billion in an initial public offering. Automotive News reported that Treasury plans to pare its stake to 17% by selling 95 million shares for $25 to $28 apiece, according to a regulatory filing on Thursday (March 27) with the U.S. Securities and Exchange Commission. The government currently owns 37%... Read more

RVIA Capitol Hill Advocacy Day Slated for June 4

March 28, 2014 by · Leave a Comment 

RVIA members meet with Indiana Sen. Joe Donnelly at last year's Advocacy Day Recreation Vehicle Industry Association (RVIA) members will visit members of Congress and their key legislative staff during the association’s Capitol Hill Advocacy Day, scheduled for June 4 during Committee Week. “Advocacy Day is one of the highlights of Committee Week for attendees and a vitally important element in RVIA’s efforts to increase awareness of the industry and our issues at the federal level,” said... Read more

Beijing RV Show Posts Strong Attendance, Sales

March 28, 2014 by · Leave a Comment 

Crowds stroll through the vehicle display area at Beijing show Organizers for the 8th Beijing International RV & Camping Exhibition reported attendance of 50,000 and sales of nearly 1,000 units during the bi-annual event. According to a press release, the exhibition ran March 20-23 at the Beijing RV Expo Center. This year’s edition featured several new activities, including test drives, seminars and special offers by manufacturers on RVs. In addition nearly 500 RVs were displayed along... Read more

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