(Nov. 3, 2009) -- The marked increase in 2009 third quarter net income was achieved despite a 2 percent decline in net sales, to $122 million. Market share gains enabled the company to increase net sales in its RV segment by 10 percent in the third quarter, better than the 5 percent increase in industry-wide wholesale shipments of travel trailers and fifth wheel RVs, as compared to the third quarter of 2008.Read More »
(Nov. 3, 2009) -- The new affiliation for Valley Auburn RV Center brings three new travel trailer model lines, the same number of camping trailers, and toy haulers, along with Greyhawk, Precept, Melbourne, Seneca and Embark Class C motorhomes.
(Nov. 3, 2009) -- "The Serrano 31V features a lot of big things in a smaller, more convenient package. At just under 33 feet in length and only 8' wide this well-designed coach has access to many places bigger coaches just can't go" says Mark Summers, host and producer of RV Buddies.Read More »
(Nov. 3, 2009) -- "The acquisition of Continental`s diesel systems business by Navistar is a win-win situation for all parties," said Wiggins. "Navistar will acquire key fuel injection technologies used in their diesel engine manufacturing business and many of the employees in the Blythewood and Columbia locations will have an opportunity to gain positions in this new entity."Read More »
(Nov. 3, 2009) -- The Coleman RVs are being produced by Thor Industries. They are expected to be available in stores by December. The product offering will include several models of ultra lite travel trailers, full size travel trailers and mid profile fifth wheels. The new towables will be offered exclusively to RV dealers with Camping World wholesale and retail affiliations within defined territories across the United States and Canada.Read More »
(Nov. 3, 2009) -- ArrKann Trailer and Sport Centre in Edmonton, Alberta, was not only one of three Canadian dealers ranked among the top 50 RV dealers in North America, the company was the only Canadian dealership to receive a Top 10 blue ribbon.Read More »
(Nov. 3, 2009) -- "Hummer is refocusing on what made the brand successful, which is building rugged, all-terrain vehicles with capabilities that meet the needs of our customers," said James Taylor, Hummer CEO. "These concepts not only highlight the off-road performance technology built into our models from the factory, they are inspiration for enthusiasts who want to express themselves via their H3 or H3T."Read More »
(Nov. 3, 2009) -- As of Oct. 30, the bond holders who signed institutional consent letters have agreed to extend the interest payment date on their Affinity Group Holding Inc. notes to Nov. 6, according to a statement filed with the Securities Exchange Commission. This is the third extenstion announced by Affinity Group in three weeks. On Oct. 23, the bond holders agreed to extend their interest payment to Oct. 30.
(Nov. 3, 2009) -- At the request of members of Congress, the Federal Trade Commission is delaying enforcement of the “Red Flags” Rule until June 1, 2010, for financial institutions and creditors subject to enforcement by the FTC.Read More »
(Nov. 3, 2009) -- "The Tamarack Trail 260RKSS is the perfect example of the next generation of RV’s being looked at by today’s consumers," said Nelson. "This full function RV still provides all the comforts of yesterday’s RV just in a lighter weight package."Read More »
(Nov. 3, 2009) -- “The September and October numbers are a further indication that, thus far, the recovery is weak,” said Levanon. “While there are fewer layoffs and some states, like Maryland and New York, have a modestly upward trend, overall the labor market remains quite anemic."Read More »
(Nov. 3, 2009) -- On average children only spend 1 percent of their time outdoors. Compared with the 27 percent of their time they spend watching television, Dr. Jim Pease, retired Iowa State University animal ecologist, wonders what that means for the future of the outdoors.Read More »
(Nov. 3, 2009) --"Typically, RV backlogs decline from July to October due to seasonality of the business. This year, however, our RV backlog shows a sequential increase, indicating continuing strength in both towables and motorhomes," said Wade F. B. Thompson, Thor chairman.Read More »
(Nov. 3, 2009) -- The bank has increased its allowance for loan loss from 45 basis points on loans at Sept. 30, 2008 to 87 basis points on loans at Sept. 30, 2009. The provision for loan loss was $2 million in the first quarter, up from $505,000 in 2008 and up from $1.9 million June 30. The increased provisions were the result of changes in the loan portfolio mix and higher estimated losses from the bank's recreational vehicle portfolio and real estate loan portfolio.Read More »
(Nov. 3, 2009) -- Blaine Luetkemeyer, R-Mo., called the bill necessary because “available credit to small business consumers has contracted by billions of dollars,” meaning “small businesses can't grow, can't hire, and too often end up going out of business.”Read More »