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Acquisitions, Furrion Agreement Lift Drew 4Q

February 11, 2016 by · Leave a Comment 

Drew Industries Inc, parent of industry supplier Lippert Components Inc., today (Feb. 11) reported record fourth-quarter revenue lifted by strategic acquisitions and the July distribution and supply agreement for premium electronics with Furrion. Net income during the quarter, ended Dec. 31, totaled $16.1 million, or 65 cents per diluted share, compared to net income of $12 million, or 49 cents per diluted share, the previous year. The company noted that in connection with previously announced severance... Read more

ARVC Weighs In On New RV Proposal by HUD

February 10, 2016 by · Leave a Comment 

The National Association of RV Parks and Campgrounds (ARVC) weighed in this afternoon (Feb. 10) on a proposal by the U.S. Department of Housing and Urban Development (HUD) that would clearly define what a recreational vehicle is. It’s a proposal supported by the Recreation Vehicle Industry Association (RVIA), the National Recreation Vehicle Dealers Association (RVDA) and manufactured housing groups. “We applaud HUD for working with ARVC and our industry allies at RVIA and RVDA to clarify... Read more

‘RVB ’16 RV of the Year’ Show Set to Premiere

February 10, 2016 by · Leave a Comment 

Jeff Johnston, host of “Rollin’ On TV,” and Allison Hayes, a reporter at the Big Ten Network, during the taping of “RVB RV of the Year” The “RVBusiness 2016 RV of The Year” awards, a half-hour TV show produced by “Rollin’ On TV” (ROTV), will be debuting tomorrow (Feb. 11) on the RVBUSINESS.com and ROTV websites. The show will also premiere Sunday and run through the week on ROTV’s national network of 13 stations, reaching 32 million consumer households that receive... Read more

Obama Requests $3.1B For Nat’l Park Service

February 10, 2016 by · Leave a Comment 

U.S. President Barack Obama’s budget request for fiscal year (FY) 2017 for the U.S. National Park Service (NPS) supports critical conservation, preservation, and recreation programs to share our country’s most iconic, natural, cultural, and historical landscapes with the next generation of visitors, according to an announcement from the NPS. The budget requests $3.1 billion to boost the NPS’ essential programs and operational needs by $250.2 million above the FY 2016 enacted levels. “This... Read more

Shift to SUVs, Pickups Fuels CAFE Showdown

February 10, 2016 by · Leave a Comment 

The combination of falling gas prices and the boomlet of higher-riding crossovers is forcing automakers to stop making certain passenger cars that don’t generate sufficient sales or profits to satisfy Wall Street or American consumers. The Detroit Free Press reported that last month, Fiat Chrysler CEO Sergio Marchionne said production of the Dodge Dart compact and Chrysler 200 midsize sedan would stop in the near future. “There has been a permanent shift toward utility vehicles and... Read more

Ingrassia: FTC Misguided on Vehicle Retailing

February 10, 2016 by · Leave a Comment 

Editor’s Note: The following column by Recreation Vehicle Dealers Association (RVDA) President Phil Ingrassia, appearing in the February issue of RV Executive Today, offers perspective on the Federal Trade Commission’s (FTC) heightened focus on vehicle retailing. Washington, D.C. is the site of many public forums and hearings, both in Congress and through various federal agencies. In the vast majority of cases, the purpose is to give lawmakers and regulators a chance to address a particular... Read more

Lippert Adding Gorilla-Lift Products to Lineup

February 10, 2016 by · Leave a Comment 

Elkhart, Ind.-based Lippert Components Inc. (LCI) announced today (Feb. 10) it has entered into an agreement with Backsaver International Inc., providing LCI the exclusive rights to manufacture, sell and distribute products featuring patented Gorilla-Lift technology to RV manufacturers. “We are always on the lookout for excellent products and technology to improve our customers’ experience and complement our existing product lines,” said Andy Murray, LCI vice president of sales. “Gorilla-Lift... Read more

S.D. Bill would Forbid ‘Nomadic RVers’ Voting

February 10, 2016 by · Leave a Comment 

Newly introduced legislation seeks to reduce the influence of nomadic recreational vehicle owners on South Dakota elections. The Rapid City Journal reported that Sen. Craig Tieszen, R-Rapid City, last week introduced a bill that would essentially forbid the use of a mail-forwarding service as an address for voter registration. “It’s intended to make sure that people that vote in our elections here have at least some connection to South Dakota,” Tieszen said in a recent Journal interview, “and... Read more

Spartan Motors Issues Preliminary 4Q Results

February 10, 2016 by · Leave a Comment 

Spartan Motors Inc. today (Feb. 10) announced preliminary financial results for its fourth quarter. The Charlotte, Mich.-based engine builder expects fourth quarter revenue of approximately $140 million, higher than previous guidance of $130 – $135 million. Management also projects a fourth quarter 2015 operating loss of approximately $10 million versus prior guidance of an operating loss of approximately $3 million. Expected results for the fourth quarter of 2015 include incremental, non-recurring,... Read more

Allison Reports Declines in 4Q Earnings, Sales

February 9, 2016 by · Leave a Comment 

Indianapolis-based Allison Transmission Holdings Inc. is reporting net income of $182.3 million in 2015, down from $228.6 million the previous year. The company says lower demand in the global off-highway and defense end markets contributed to the decrease. Allison also reported fourth-quarter net income of $13 million, down from $50.5 million during the same period in 2014. Sales during the period totaled $478.2 million versus $544.4 million the year prior. “Allison demonstrated solid operating... Read more

HUD Proposes Rule for Clarifying RV Definition

February 9, 2016 by · Leave a Comment 

The U.S. Department of Urban Affairs (HUD) today published a proposed rule entitled “Manufactured Home Procedural and Enforcement Regulations; Revision of Exemption for Recreational Vehicle.” This publication represents a significant milestone in the RV industry’s 10-year effort to draw a brighter and clearer line between recreation vehicles and manufactured housing. The Recreation Vehicle Industry Association (RVIA) reported that HUD’s proposed rule seeks to revise the exemption... Read more

Campers Inn Announces I-95 Expansion Plans

February 9, 2016 by · Leave a Comment 

Kingston, N.H.-based Campers Inn RV is moving ahead with plans to expand its network of dealerships along the I-95 corridor. The company announced that Campers Inn RV of Raleigh will be opening for the summer season, situated along I-95 in Selma, N.C. In addition, the company is currently seeking other opportunities along the interstate in the region. “The market along I-95 in Virginia and North Carolina has great potential, and we see tremendous growth opportunity along this corridor,”... Read more

CURT Acquires Truck Equipment Manufacturer

February 9, 2016 by · Leave a Comment 

CURT Manufacturing LLC., a leading manufacturer of towing products, announced the acquisition of Brandon, S.D.-based Luverne Truck Equipment. According to a press release, Luverne is one of the largest domestic manufacturers of truck accessories, offering a wide selection of front-end protection, side steps, splash guards and mirrors. Product names include Retrac, MegaStep, GripStep, Regal 7, ProTec and Tuff Guard. The company offers applications for pickups, SUVs, vans, as well as a broad range... Read more

4 Cruise Inn Parks Earn Good Sam ‘Top-Rated’

February 9, 2016 by · Leave a Comment 

Cruise Inn has four of its locations listed as a top-rated park in the new 2016 Good Sam RV Travel & Savings Guide. According to a press release, the company currently includes 38 locations open or in development throughout North America, Mill Creek Ranch Resort in Canton, Texas, is one of 111 parks that earned perfect 10/10/10 marks in Good Sam’s rating system. Each listed park is personally inspected by Good Sam representatives, and are awarded points from 1 to 10 in three categories: facilities,... Read more

PRVCA is Hosting 2 Xantrex Training Sessions

February 9, 2016 by · Leave a Comment 

The Pennsylvania RV and Camping Association (PRVCA) is hosting Xantrex training at the Holiday Inn in Wilkes Barre, Pa., on Feb. 25 and at Stoltzfus RV in West Chester, Pa., on Feb. 26. According to a press release, the training will run from 8 a.m. to 4 p.m. and lunch will be provided. Training is free and open to PRVCA members only. Each session is valued at $175 and qualifies for eight recertification hours. Instructor Don Wilson will be on-site to review electrical application and theory as... Read more

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