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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.

Affinity Group extends payment to bond holders again

(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.
 

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FTC again delays enforcement of Red Flag rules

(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.

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Outdoors RV ships first Tamarack Trail travel trailer

(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."

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Online job vacancies falls 83,200 in October

(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."

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Future of outdoors rests in parent-protected children

(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.

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Bank of Internet posts profit despite losses in RV loans

(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.

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House votes to increase cap on SBA loans to $3 million

(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.”

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US Manufacturing Index rises strongly, so do housing starts

(Nov. 2, 2009) -- The U.S. manufacturing sector enjoyed a boost in October as the ISM manufacturing index rose to 55.7 from September’s 52.6 reading. This marks the strongest reading for the index since the April 2006 reading of 56. Pending home sales for September also rose 6.1 percent compared to the expected flat reading.

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Chinese company expands RV tire production

(Oct. 30, 2009) -- Yokohama Rubber Co. Ltd. is doubling the scope of an expansion project at its Hangzhou Yokohama Tire Co. Ltd. plant in Hangzhou announced earlier this year, pushing the plant’s annual capacity to 5.1 million passenger tires by early 2011. Read More »

Rainmaker Consulting to launch virtual 20 Group for sales

(Oct. 30, 2009) -- The process starts with an in-depth analysis of a dealers’ current sales performance in terms of efficiency and effectiveness. Based on their findings, the groups facilitators will present a specific, customized plan for each individual dealer to help them reach projected sales targets. Read More »

Gulf Stream to increase manufacturing by 50 percent

(Oct. 30, 2009) -- To meet demand, the Nappanee facility will hire 50 production workers and increase its manufacturing by 50 percent next week, followed by a 25 percent increase after the National RV Trade Show in Louisville in early December, Donati said. The company even expects the number of orders to keep the motorized division busy enough that employees will not be given extra time off during the holidays. Read More »

Cozy Traveler expanding production, hiring workers

(Oct. 30, 2009) -- The company, which began production in April this year, showcased its new products in Hershey and Las Vegas. “The company signed up many new dealers at these shows,” said Newcomer “The resulting orders have lead to us making the decision to increase our production as we enter into the winter months." Read More »