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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.

New SEC rules could pry open corporate boards

(Aug. 12, 2010) --Buried on Page 1,257 of the new financial reform legislation passed into law is language authorizing the Securities & Exchange Commission to let investors nominate directors on corporate proxies, the ballots and other information that companies mail to shareholders. Right now, only the companies’ own nominees appear on the ballots, Bloomberg reported.

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MVP RV plans job fair Aug. 28

(Aug. 12, 2010) -- MVP will conduct a job fair Aug. 28 it hopes will attract the 80 new employees needed to start work in September, said CEO Brad Williams told the Press-Enterprise. The company hopes to add 150 more positions in October and incrementally hire people over a six-month period until it employs as many as 800.

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High heat, humidity forces Keystone plant to close

(Aug. 12, 2010) -- Plant workers at Keystone RV didn't have to go to work part of Tuesday and all of Wednesday because it was just too hot, the South Bend Tribune reported. Company officials said when making a decision about heat, they go day-by-day and generally send employees home when the heat index is between 95 and 105 degrees.

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Toddler crushed to death at Canadian RV dealership

(Aug. 12, 2010) -- Police told CBC News the accident happened when the father was backing up the family's Ford Expedition, trying to line up the trailer hitch with the new camper purchased at Pine Acres RV. The 3-year-old boy, who was in the front passenger seat and wasn't wearing a seatbelt, fell out of the open window and was crushed under the front wheel.

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Paul Evert’s RV opens location in Coburg, Ore.

(Aug. 11, 2010) -- After 49 years of running things from their flagship location in Fresno, Calif., and with nearly 10 years under their belts running a southern store in Bullhead City, Ariz., Paul Evert and his partner, Curt Curtis announced today the official opening of a third location in Coburg, Ore. Jim Hardy, an Oregon native with nearly 20 years of RV experience, will run this new location.

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RVDA convention to feature session on women leaders

(Aug. 11, 2010) -- Plan now to attend the session titled "What Men Can Learn from Women Leaders," a 75-minute workshop that will show participants what distinguishes women leaders from their male counterparts and how to use these differences to the best advantage at your dealership.

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U.S., Canadian trade deficits deteriorate in June

(Aug. 11, 2010) -- "Today’s trade data suggest an upward revision to the size of this drag. More complete data on other components of GDP output, like inventories, also point to weaker growth in the quarter," said Desjardins. "The data reports indicate that the U.S. economy limped through the second quarter after two quarters of healthy gains, and our monitoring suggests that real GDP will be downgraded to show that growth in the quarter was about -1 percent lower than the 2.4 percent increase in the advance report."

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Affinity Events to produce Chicago Boat, RV and Outdoors Show

(Aug. 11, 2010) -- Affinity Events has agreed to oversee all aspects of the Chicago Boat, RV & Outdoors Show’s RV Pavilion, which will consist of more than 100,000 sq. ft. of a myriad of RV models from the region’s leading RV dealers, plus exhibits of campground destinations, RV products and accessories. There will also be a variety of RV-related features, seminars and entertainment.

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Texas couple sues Peterson Industries over slideout problem

(Aug. 11, 2010) -- Evan Robert and Barbara Ann Hawes claim they paid $5,393.73 to repair a masonite leak and a hole in the slide out of their Excel Limited RV. While the RV was at a Peterson Industries' repair facility in Smith Center, Kansas, repairmen told the couple the problem frequently occurred in the trailers.

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Fenech family donates another $10,000 to RV Learning Center

(Aug. 10, 2010) -- “A gift to the RV Learning Center is one of the best ways to improve the availability of continuing education for RV dealership employees,” said Bill Fenech. “Kristin and I are pleased to be able to support these important industry programs that help improve the sales and service process for RV buyers.”

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Fed not taking any chances with recovery, keeps rates low

(Aug. 10, 2010) -- "Both the pace of output and employment were described as having slowed recently. The weak labor market was mentioned again as a factor that limits household spending," said Desjardins. "And, although businesses are spending on capital goods, non-residential real estate remains weak and firms are ‘reluctant’ to hire."

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Canadian businesses lose borrowing cost-advantage

(Aug. 10, 2010) -- The difference in yields between Canada and U.S. corporate bonds narrowed last week to 4 basis points, or 0.04 percentage point, the slimmest margin since November 2004. While borrowing costs for U.S. businesses have almost reached par with Canadian rivals, their debt is still deemed riskier by investors, Bloomberg reported.

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