FMCA Names Chris Smith as Executive Director

October 19, 2016 by · Leave a Comment 

Chris Smith The Family Motor Coach Association (FMCA) announced the promotion of Chris Smith to the position of executive director/chief financial officer effective immediately. Smith replaces Jerry Yeats who stepped down as executive director in February. According to a news release, Smith joined the association in August 2013 as director of administrative services/controller. He graduated from the University of Cincinnati with a bachelor’s in accounting. Prior to coming on board at FMCA, he served... Read more

Lazydays’ Sheehan Resigns as President & CEO

October 17, 2016 by · 1 Comment 

Tim Sheehan Lazydays RV today (Oct. 17) announced the resignation of President & CEO Tim Sheehan “for family reasons” and has named current board chairman William P. “Bill” Murnane as the new CEO, effective Dec. 1. Murname remains chairman. Sheehan, who joined 40-year-old Lazydays as CEO in April of 2013 after 28 years as an executive with Best Buy, has led an impressive era of growth for Lazydays, one of the nation’s largest RV retailers with 722 employees and stores stocking... Read more

REV Ribbon Cutting Dedicates new Visitor Center

October 14, 2016 by · Leave a Comment 

REV Recreation Group’s new visitor REV Group company officials and local leaders in Decatur, Ind., cut the ribbon this morning on the brand-new REV Visitor Center, the capstone to a $6 million expansion and renovation project. “This is a big day for us. This is the only company in this industry that is making this kind of investment,” said Jim Jacobs, REV RV Group president. “It’s showing something that none of our competitors are willing to do. This is the part of the business that’s... Read more

Towables Boost Winnebago 4Q; Income up 13.1%

October 13, 2016 by · Leave a Comment 

Winnebago Industries Inc. posted a 13.1% increase in net income for its fiscal fourth quarter, boosted by strong performance in its towable division. The report came  less than two weeks after the Forest City, Iowa-based builder announced it had signed a purchase agreement to acquire Grand Design RV Co., a leading towable manufacturer in Middlebury, Ind. Revenues for the fourth quarter, ended Aug. 27, were $263.3 million, an increase of 4.9%, compared to $251 million for the fiscal 2015 period.... Read more

Grand Design RV Produces 25,000th Towable RV

October 12, 2016 by · 1 Comment 

Grand Design RV Co. announced production of its 25,000 towable recreational vehicle. “Our first unit came off the production line in January of 2013, and in less than four years we are celebrating our 25,000th unit produced. We are excited to hit this milestone in such a short time, however, an even bigger milestone is of the 25,000 units that have been produced, more than 21,000 of these have been retail sold,” stated Don Clark, president of Grand Design RV, in a press release. “The... Read more

SSI: Towable Sales Rise 2.9% in Aug., 11.4% YTD

October 10, 2016 by · Leave a Comment 

Year-over-year towable retail registrations edged up 2.9% in August while posting an 11.4% gain for the first eight months. For the second straight month, travel trailers were the only segment to post an increase in sales. According to the latest report from Statistical Surveys Inc. (SSI), results by category showed: Sales for the travel trailer segment increased 6.2% for the month and 14.5% year-to-date. Fifth-wheel registrations declined 6.4% in August, while seeing a 3.8% gain for the... Read more

Reuters: Camping World Opens Trading on NYSE

October 7, 2016 by · Leave a Comment 

The largest U.S. recreational vehicle dealer, Camping World Holdings Inc., said it raised $251 million in an initial public offering of 11,363,636 shares of its Class A common stock on Thursday (Oct. 6). Reuters reported that Camping World will debut on the New York Stock Exchange today under the ticker symbol CWH. Camping World said in a statement that it priced 11.4 million shares at $22 apiece, the midpoint of its indicated range of $21 and $23. According to the statement, Camping World has granted... Read more

Industry Converges on RVIA’s California RV Show

October 6, 2016 by · Leave a Comment 

RVs pack the Pomona Fairplex at last year’s California RV Show The laborious “move-in” has reached the final stages as the gates at the Pomona Fairplex will open promptly at 10 a.m. on Friday (Oct. 7), ushering in the 64th running of the California RV Show. The event, which extends through Oct. 16, continues to swallow up space at the Fairplex’s expansive grounds as this year’s edition will encompass over 1 million square feet packed with 1,325 RVs on display from 47 California retailers.... Read more

Winnebago Industries to Purchase Grand Design

October 3, 2016 by · Leave a Comment 

Winnebago Industries Inc. today (Oct. 3) announced that it has entered into a definitive agreement to acquire towable manufacturer Grand Design Recreational Vehicle Co. for approximately $500 million in cash and newly issued Winnebago shares. Founded in 2012 by Don Clark, Ron Fenech and Bill Fenech, a management team with over 80 years of combined leadership experience in the RV industry, Grand Design is a fast-growing manufacturer in the towables segment with rapidly expanding market share. The... Read more

RVBusiness Releases ’16 Class of Top 50 Dealers

September 29, 2016 by · Leave a Comment 

RVBusiness magazine today (Sept. 29) announced the winners of the 2016 RVBusiness Top 50 Dealer Awards, designed to recognize U.S. and Canadian RV retailers nominated by RV manufacturers for their professional approach to most every aspect of their commercial enterprises – from sales to F&I and service operations — as well as their civic and charitable practices. “The industry in general has demonstrated an interest in raising the bar with regard to the quality of products and services... Read more

‘Sully’ Sullenberger to Keynote RVIA Outlook 2017

September 28, 2016 by · Leave a Comment 

The Recreation Vehicle Industry Association (RVIA) announced major changes to the upcoming National RV Trade Show in Louisville, Ky., Nov. 28–Dec. 1. With a significant investment, the show will unveil exciting new elements to go along with popular tried-and-true features to benefit all attendees, RVIA reported in a press release. The Outlook 2017 program, a long-standing show opener, will feature Captain “Sully” Sullenberger delivering the keynote address. While he is best known... Read more

RVIA: RV Shipments Post Best August Since 1977

September 27, 2016 by · Leave a Comment 

RV wholesale shipments to retailers tracked by the Recreation Vehicle Industry Association (RVIA) rebounded strongly in August after a lower-than-expected July report. Monthly shipment totals for the month totaled 35,946 units, a rise of 26.8% over last month and 31.5% ahead of August 2015. This was the largest August total since 1977. Year-to-date totals have reached 290,582 units, an increase of 13% over the 257,089 units shipped during the same eight-month period last year. Motorhomes posted... Read more

Thor Thanks Community for Open House Success

September 26, 2016 by · Leave a Comment 

In a high-profile tribute delivered to Elkhart, Ind., and the surrounding communities, Thor Industries Inc. ran a full page ad in Saturday’s (Sept. 24) editions of the South Bend Tribune, The Elkhart Truth and the Goshen News offering a formal thank you for the area’s support in the wake of last week’s Elkhart RV Open House. Bob Martin, Thor president and CEO, told the ad — which also conveyed a heartfelt shout out to Thor’s 14,900 employees — provided... 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

‘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

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