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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.

RV enthusiasts say camping is the cheapest way to travel

(April 27, 2009) -- “Our latest survey indicates that people are still wanting to get out and enjoy some time off, but I think they are also trying to stretch their dollar as far as they can, and the camping lifestyle is giving them the options that they’re looking for in that regard,” said Brian Schaeffer, executive director of the Texas Association of Campground Owners. Read More »

Equity LifeStyles reports a first quarter revenue increase

(April 21, 2009) -- First quarter 2009 property operating revenues were $124.4 million, compared to $106.4 million in the first quarter of 2008. For the quarter ended March 31, core property operating revenues increased approximately 2.2 percent and core property operating expenses decreased approximately 0.8 percent, resulting in an increase of approximately 4.5 percent to income from core property operations over the quarter ended March 31, 2008. Read More »

Newmar continues Class A market share gains

(April 29, 2009) -- Newmar’s market share increased 49.2 percent in year-over-year comparisons and its actual market share increased to 6.1 percent in February 2009 versus 4.1 percent in February of 2008, according to data provided by Statistical Surveys. Read More »

Decline in durable good orders smaller than expected

(April 24, 2009) -- "This is consistent with our current monitoring of an annualized drop of 32.9 percent," said Paul Ferley, assistant chief economist with RBC Economics Research. "However, gains during the latter part of the quarter bode well for a lessening of the weakness in the second quarter." Read More »

Sluggish economy renews interest in smaller RVs in Arizona

(April 21, 2009) -- Mike Sullivan, a salesman with La Mesa RV, said many customers are looking at smaller units and used RVs instead of bigger and newer vehicles. "We've got a lot of used. Right now that's where the market is, kind of on the lower end. People are conserving their cash and looking more at a used vehicle than a new one right now," he said. Read More »

Consumer confidence takes big leap in positive direction in April

(April 28, 2009) -- “Consumer Confidence rose in April to its highest reading in 2009, driven primarily by a significant improvement in the short-term outlook. The Present Situation Index posted a moderate gain, a sign that conditions have not deteriorated further, and may even moderately improve, in the second quarter," said Franco. "The sharp increase in the Expectations Index suggests that consumers believe the economy is nearing a bottom." Read More »

Furloughs force employees to recharge, reconnect

(April 22, 2009) -- Bob Olson, CEO of Winnebago Industries, admits having a dinner conversation without handling an issue at he office took some getting used to. He had to completely rely on his management team. His biggest challenge: "disciplining myself to not call the office or answer e-mail." Read More »

Spartan Motors declares special dividend in recognition of record year

(April 21, 2009) -- "Spartan is paying a special dividend in recognition of our total financial performance for the year ended 2008," said John Sztykiel, president and CEO. "We reported a 23.8 percent year-over-year increase in revenues and a 74.3 percent increase in net earnings in 2008. This was our best year in company history -- an achievement we are proud of, especially given the difficult conditions in the overall economy. Read More »

Stock analyst downgrades Spartan Motors to “neutral”

(April 29, 2009) -- "Management believes it can gain market share with more OEMs during the RV market downturn and be in better position when the market recovers. While first quarter results were much stronger than expected and the company has a lucrative military opportunity still in front of it in M-ATV, we are concerned with the risk/reward tradeoff at current levels," Next Generation stock analysts said. Read More »

Rentzio enters the RV rental market

(April 23, 2009) -- For dealers, rental agencies and individuals who own equipment, Rentzio.com is a free marketing program designed to generate rental requests from serious consumers interested in renting. Read More »

Multiple arrests made after RV burglaries in Arizona

(April 22, 2009) -- After a months-long investigation by the Maricopa Police Department, multiple suspects were identified and seven were arrested this week. According to spokesman Sgt Stephen Judd, Maricopa Police have recovered several stolen items and continue to follow up on leads involving additional individuals connected to these crimes. Read More »

Michigan firm offers online worker safety courses

(April 27, 2009) -- The courses offered range from awareness level to courses such as HAZWOPER and outreach training programs for general industry and the construction industry. HAZWOPER is available in 24- and 40-hour versions along with an 8-hour annual refresher course. The OSHA general industry and construction industry courses are available in 10- and 30-hour versions. Read More »