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Divided Fed is Leaving Interest Rates Unchanged

September 22, 2016 by · Leave a Comment 

A divided Federal Reserve, struggling to decide how soon to prune its economic stimulus campaign, said on Wednesday (Sept. 21) that it would wait at least a little longer. The New York Times reported that the Fed left its benchmark interest rate unchanged after a two-day meeting of its policy-making committee, although most of its officials said they expected to raise rates by the end of the year. Janet L. Yellen, the Fed’s chairwoman, said she saw no reason to rush. The economy keeps bubbling... Read more

OEMs: 2016 RV Open House Was ‘The Best Ever’

September 22, 2016 by · Leave a Comment 

Dealers sit down to dinner at the Elkhart Open House From the on-stage C&W performances at Forest River Inc.’s mammoth exhibit to the crowd-pleasing Mercedes-Benz giveaway at Thor Industries Inc.’s expansive display, the 2016 Elkhart RV Open House will likely be remembered as one of the best so far in the nine-year history of the Open House – a growing trade exposition that takes place each September along the boulevards of Elkhart, Ind., where the vast majority of North America’s recreational... Read more

San Diego Dealer Wins Mercedes in Thor Giveaway

September 22, 2016 by · Leave a Comment 

For the first time in its brief history, the winner of the Thor Industries Inc. vehicle drawing during the Elkhart RV Open House was the first name pulled out of the tumbler. During the last several years the first couple of people whose slips were drawn were not present, a stipulation to winning. But when Thor President and CEO Bob Martin read the name aloud Wednesday, the crowded east end of the Thor display made way for Louk Nienhuis, general sales manager at RV Solutions Inc. in San Diego.... Read more

Memories of Recession Still Linger for RV Dealers

September 22, 2016 by · Leave a Comment 

For some RV dealers, the sting of the recession hasn’t faded completely, according to an Elkhart Truth story. “We have made some changes to our business model and we are glad we came out of it alive. I know a lot of dealers that had to close,” said Chari Frederickson, owner of Dalton’s RV Center in Wyoming. There is an excitement in the air at the Elkhart RV Open House, but also a tentative spirit. Dealers are looking for deals and they don’t want to take on too much... Read more

RVDA: Lawsuits Filed to Block New Overtime Rule

September 22, 2016 by · Leave a Comment 

Two lawsuits have been filed against the U.S. Department of Labor’s overtime rule, one by attorneys general in 21 states and the other by business groups led by the U.S. Chamber of Commerce. According to a release from the National Recreation Vehicle Dealers Association (RVDA), the overtime rule will increase the salary threshold that generally determines who qualifies for overtime pay, raising it to $47,476 a year from $23,660. It also will ensure the threshold is updated every three years by... Read more

Jason Lippert Recognized for Community Service

September 22, 2016 by · Leave a Comment 

Jason Lippert, CEO of Lippert Components Inc. (LCI), was recently recognized as a recipient of the Ernestine M. Raclin Community Leadership Award. According to a press release, the annual award, established by 1st Source Bank, honors and encourages leadership in volunteerism through the businesses located within the greater Michiana region. As a 10-year volunteer, nine-year board member and past president of the Boys & Girls Club of Goshen, Lippert was specifically honored for being a devoted... Read more

Powerboat Sales Rebound in August, Grow 11.8%

September 22, 2016 by · Leave a Comment 

The recreational marine industry’s 2016 story remains a page turner, and it’s getting better. Soundings Trade Only reported that the industry’s up-and-down year turned up sharply in August as boat sales surged 12.5% in the main powerboat segments to 10,292 and 11.8% industrywide to 17,411 in 25 states that represent about 62% of the U.S. market, Statistical Surveys Inc. reported. The results marked a turnaround from a disappointing July, when sales fell 7% in the main segments and 5.7% industrywide. “Every... Read more

Idaho Tiny House Builder Incorporating Slideouts

September 22, 2016 by · Leave a Comment 

You can only make tiny houses so wide while remaining road legal, so tiny house firm Tiny Idahomes borrowed a neat trick from other RVs and has installed slide-outs in several of its units, NewAtlas.com reported. The Nampa, Idaho-based company’s most recent model is currently on the market for $68,899 and features a dining room, bedroom, and lounge that slide out with the push of a button. The unnamed towable tiny house is legally classified as an RV and measures 26 ft (7.9 m) long. It’s... Read more

Real Estate Developers Cash in on U.S. RV Boom

September 22, 2016 by · Leave a Comment 

If you own an RV, where do you park it? As reported by Yahoo Finance, that’s a question that real estate developers are taking very seriously. So much so that in hot retirement markets across states like Nevada, Arizona and Florida, developers are seizing the opportunity to cater to the niche audience of RV owners. After RV shipments dropped to a 30-year low in the downturn of the late 2000s, demand is stronger than ever, says Pete Reeb, principal at California-based John Burns Real Estate Consulting. In... Read more

MORryde StepAbove Entry Steps Provide Stability

September 22, 2016 by · Leave a Comment 

StepAbove entry steps by MOR/ryde MORryde International launched its new StepAbove entry steps during last week’s America’s Largest Show in Hershey, Pa., while also showcasing the product at the Elkhart RV Open House which opened Monday (Sept. 19) and concludes today. According to a press release, MORryde engineered StepAbove after listening to input from RVers indicating that existing entry steps were not stable. StepAbove provides security as the steps go all the way to the ground... Read more

Fall RV Show & Bargain Expo Returns to Okla. City

September 21, 2016 by · Leave a Comment 

The Fall RV Show & Bargain Expo returns for its 47th year to Oklahoma City, spread out through the Cox Pavilion, the Centennial Building and the Oklahoma Expo Hall at State Fair Park. The Oct. 13-16 show will again feature hundreds of new RVs on display – indoors and outdoors – by Oklahoma City’s top RV dealers. As a special addition, the show will offer MotorSports products by Mudd Dawg Motors and a display of tow vehicles featuring new Chevy trucks and SUVs. In addition, there will... Read more

‘Open House’ Delivers as Dealers Buy Up Product

September 21, 2016 by · Leave a Comment 

Dealers enjoy dinner at the RV Open House (Photo by Shawn Spence, RVBusiness Magazine) The biggest event of the year for the largest recreational vehicle company in the world is off and running with new amenities as the top attractions. As reported by the Elkhart Truth, Thor Industries Inc.’s 2016 Open House opened on Monday (Sept. 19) morning at the RV/MH Hall of Fame, giving dealers a good look at new models. By mid-morning a steady stream of dealers were going in and out of the more... Read more

Lance Debuts New Lines, Features at Open House

September 21, 2016 by · Leave a Comment 

Lancaster, Calif.-based Lance Camper Manufacturing Corp. rolled outs its latest lines during this week’s Elkhart RV Open House, showcasing all-new decors and feature upgrades. “Since joining the show two years ago, Lance has had nothing but great success at the Open House and we are looking forward to continuing the trend this year,” said Director of Marketing Bob Rogers in a press release.. Interior changes include stainless steel appliances, planked wood flooring, new counter... Read more

DRV Tapping New Market with ‘Mobile Suites Aire’

September 21, 2016 by · Leave a Comment 

DRV Luxury Suites, manufacturer of the high-end Mobile and Elite Suites luxury fifth-wheels and Full House toy haulers, is tapping a new segment of the market with the launch of the Mobile Suites Aire during this week’s Elkhart County RV Open House. According to a press release, the Mobile Suites Aire will bring ultra-luxury into a segment where price and weight are more sensitive. While still offering many of the features found in the Mobile Suites, the Aire is aimed at the single-axle truck... Read more

Chevy, Trailering Leaders Seek Integrated Towing

September 21, 2016 by · Leave a Comment 

Each year, approximately 1.2 million RV, horse, boat and work trailers are sold in the United States. According to a press release, these trailers are primarily pulled by full-size trucks and SUVs, and Chevrolet believes there is an opportunity to help trailer manufacturers and industry leaders better understand the future direction of truck and trailering technology. As an award-winning industry leader in trailering, Chevrolet is partnering with the Recreational Vehicle Industry Association (RVIA)... Read more

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