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Home » Author Archives: Greg Gerber (page 1443)

Author Archives: Greg Gerber

Iowa RV dealer Johnny Ketelsen passes away

(Aug. 19, 2009) -- "Johnny’s legacy stretches from Ketelsen RV, now owned and operated by son, Gary, in Hiawatha, IA, to Ketelsen Campers of Colorado in Wheat Ridge, owned and operated by son, Randy," said Phil Ingrassia, vice president of communications for RVDA. Read More »

RVDA to award 10 $500 scholarships to attend this year’s convention

(Aug. 19, 2009) -- Any RVDA member dealer or dealership employee who is not currently registered for the next RV Dealers International Convention/Expo is eligible to apply for a scholarship. This means a new registration from a dealership not already registered for the convention, or an additional employee registration from a dealership already registered. Dealerships can use the $500 scholarship to defray travel costs, hotel rooms or cover the convention registration fee. Read More »

New York car dealers bring Cash for Clunkers to screeching halt

(Aug. 19, 2009) -- The president of the Greater New York Automobile Dealers Association says about half its 425 members have stopped offering rebates from the program because they can no longer afford them. The program offers up to $4,500 to shoppers who trade in gas guzzlers for a more fuel-efficient vehicle. Dealers pay the rebates out of pocket then must wait to be reimbursed by the government, but administrative snags have created a bottleneck in unpaid claims. Read More »

Canada’s inflation rate enters deflationary territory

(Aug. 19, 2009) -- The year-over-year rate stayed in negative territory, falling 0.9 percent on the heels of June's 0.3 percent dip and marking the first back-to-back declines since May-June 1994. Core prices, contrary to expectations for a 0.1 percent increase, held steady and the year-over-year rate edged down to 1.8 percent. Read More »

Thieves target Canadian RV dealerships

(Aug. 19, 2009) -- Thieves have made off with some high-tech loot from a Kitchener RV center. They used crowbars to bust into trailers and then rip out flat screen televisions. Five TVs were carted away from the Mobilife RV Center. Read More »

Affinity Group objection blocks Hyatt resort project in California

(Aug. 19, 2009) -- A public hearing for a four-story, 152-room Hyatt Place hotel proposed off Highway 101 in Ventura was postponed Tuesday night after a neighboring business raised concerns about possible blocked views. Affinity Group sent the commission a last-minute letter Monday saying it was not opposed to the hotel but wanted more study of how it would affect views from the company’s hillside property on Vista Del Mar Drive. Read More »

It’s official, Fleetwood RV moves headquarters to Decatur, Ind.

(Aug. 19, 2009) -- Under the company's new ownership, Fleetwood RV is consolidating its California and Pennsylvania manufacturing operations to Decatur. Plans call for $7.4 million in new investment toward building improvements, machinery and equipment and retooling. In addition, the company will relocate $8 million in equipment from its out-of-state operations. Read More »

California RV dealer’s blow out sale has firm smelling roses

(Aug. 19, 2009) -- McMahon's RV salesman Dennis Hickman said the market is beginning to reset itself, and customers are beginning to come back, as the market begins to make its way up from the bottom. One sign is that customers are beginning to buy more expensive motorhomes instead of trailers, he said. Read More »

Decorator Industries releases second quarter financials

(Aug. 19, 2009) -- Decorator Industries, a supplier of interior furnishings for the hospitality, manufactured housing and recreation vehicle industries, today reported a net loss of $366,181 for the second quarter of fiscal 2009 compared with a net loss of $1,060,529 during the same period last year. Sales to RV customers decreased 76 percent to $1,064,000 in the second quarter of fiscal 2009, compared with last years' second quarter sales of $4,503,000. Read More »

Go RVing video shoot to highlght RV industry innovations

(Aug. 19, 2009) -- The supplemental video shoot will provide footage to be added to the existing consumer information to highlight innovations such as the use of fuel-efficient engines and body designs, composite or recyclable material construction and lightweight models able to be towed by typical family vehicles. Tthe use of solar-powered batteries and accessories, LED lighting, technology upgrades that complement daily lives such as flatscreen TVs and iPod docking centers will also be featured. The affordability of these RV innovations will also be stressed. Read More »

Standard and Poors cuts Affinity Group bond rating to “D”

(Aug. 19, 2009) -- "While a payment default has not occurred according to the legal provisions of the 10.875 percent notes," said Standard & Poors credit analyst Tulip Lim, "we view an interest or principal payment lapse as a default, even if a grace period exists, in the event that the nonpayment is a function of the borrower being under financial stress and when we are not confident that the payment will be made in full during the grace period." Read More »

RVeNEWS to become RV Daily Report next week

(Aug. 19, 2009) -- "With our comprehensive reporting of stories impacting RV dealers, manufacturers, suppliers, campgrounds and RV owners, we are really reporting all the news we can find," he explained. "And as the industry's pioneer in developing a daily newsletter listing all the stories we found that day, RV Daily Report really describes what we do best." Read More »

Stock analyst says Spartan Motors “worth another look”

(Aug. 20, 2009) -- Now, I believe, is the time to take another look at Spartan Motors. From a chart perspective, the massive sell-off is over and volume has stabilized. From a stochastics standpoint, the stock is oversold and starting to bounce off the bottom. While not shown here, the stock is under accumulation again and the RSI indicates that the buyers are coming back into the stock. Read More »