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RV Industry News

Learn more about newly released RVs, accessories and outdoor products available for the RV and camping lifestyle. RV Daily Report also reviews products and accessories.

Bank seizes inventory from California RV liquidation center

(May 29, 2009) -- Representatives from County Bank showed up at Dan Gamel's Camp America location this morning to take back close to 180 RVs and campers. KFSN-TV also reported that court records that show Gamel owes the bank more than $3 million. State records show Gamel owes about $274,000 in back taxes. Read More »

Structural Composites retools to save jobs

(June 1, 2009) -- When the market for recreational vehicles collapsed last year, so did scores of companies across northern Indiana. Structural Composites kept its workers as long as it could. But, the company didn’t close. Nor did it simply hunker down, as many have done, to wait for better times. Even before surging gasoline prices soured Americans on motorhomes, Fearnow and his business partner went looking for new uses for their fiberglass. Read More »

UPDATE: Thor restructures on Kime’s resignation

(May 28, 2009) -- Bill Fenech has been promoted to president and CEO of Thor Motorhomes. Dana Simon has been promoted to vice president and general manager of Four Winds, and Matt Thompson has been promoted to vice president, general manager of Damon. Each general manager will report to Bill Fenech. Read More »

RV sales doing better in Idaho

(May 28, 2009) -- "We're seeing quite an uptick in the RV interest," said Tadd Jenkins, owner of Bish's RV. "We're doing better than we were in January, for sure. Our shop is just absolutely slammed." Read More »

Conference Board sees spike in online job postings

(June 1, 2009) -- The number of advertised vacancies rose in May in all four regions of the country (Northeast, South, Midwest and West), reflecting gains in 43 states across the nation. For many states, May marked the first increase following months of steady decline in labor demand. “Over the last few months, we have not seen any big increases in labor demand, but in some states there seems to be clear signs that employers are advertising again for workers,” said Levanon. “In addition, about one fourth of the states are showing some signs of labor demand bottoming.” Read More »

Four Winds president steps down

(May 29, 2009) -- Jeff Kime, president of Four Winds International, has resigned, RVeNEWS learned today. Richard Riegel, chief operating officer for Thor Industries, the parent company of Four Winds International, said the company would issue a press release soon. Read More »

Fleetwood sells several of its other operations

(May 27, 2009) -- Fleetwood expects to sell its military housing operations today for $4.5 million. By the end of the week, the company should also have a signed purchase agreement from New York-based private equity firm American Industrial Partners LP to buy the RV division for $53 million. What's left is the company's manufactured housing division, idle travel trailer plants and -- if AIP succeeds in buying the RV division -- motorhome manufacturing plants in Pennsylvania and in Riverside that the equity firm doesn't want. Read More »

Spartan’s CFO announces retirement

(May 29, 2009) -- Spartan Motors, Inc., today announced that James Knapp, the company's senior vice president, chief financial officer, chief compliance officer and treasurer, will be retiring from the company within the next few months. Read More »

Durable goods orders outpace expectations, home sales stabilize

(May 28, 2009) -- "Today’s reported stabilization in new home sales combined with yesterday’s reported increase in existing home sales point to more 'green shoots' in the housing market," said Josh Heller, an economist with RBC Economics Research. "While inventories remain elevated and sales are at low levels, we view April’s news on housing as signaling that the troubled housing market may be bottoming." Read More »