Sand and surf in LA area for less than $40 a night - At Dockweiler State Beach in Playa del Rey campers get an occasional whiff of a nearby sewage treatment plant and the regular roar of planes from LA International. But they also have sand and ocean views for a bargain price in winter. Los Angeles Times
Fleetwood Enterprise Inc. stock drops to an all-time low - While the recreational vehicle manufacturer was showing off its new hybrid RVs at the National RV Trade Show in Louisville, its stock dropped to 12 cents a share. Inland Valley Bulletin
RV Industry Slumps - RV shipments for 2008 may be at a 12-year low this year and may slip further in 2009. “Credit restrictions are causing RV buyers to delay purchases and RV dealers to keep inventories low ” - Bloomburg.com
Poor economy adds to recreational vehicle industry woes - Innovations are being displayed at the national trade show this week while sales are dropping. The faltering economy, this summer’s record high gas prices, and the credit crisis have resulted in a 27% drop in shipments to dealers compared to last year. CNNMoney.com
RV in a chase by police ends in a crash - An Arizona man fled in his RV after pulling a gun on paramedics, then crashed his motor home after a police chase. TucsonCitizen.com
Coachmen expects profit after selling RV business - The company plans to focus on manufactured housing and specialty vehicles. It expects to sell 400 to 500 handicapped-accessible vehicles that sit low to the ground and have retractable ramps. Greater Fort Wayne Business Weekly
RVing to the Inauguration? Parking of self-contained RVs 11 miles from the nation’s capitol — 4 days for $950 (includes shuttle to metro station) — money raised to go to a scolarship fund. PR.com
Hybrid Motor Home: “Built on the ecoFRED, a hybrid electric power train system chassis fromFreightliner Custom Chassis Corporation, Fleetwood Hybrid features increasedfuel economy up to 42%* and can be re-fueled at any diesel fuel station” International Business Times
Texas Motor Speedway adds luxury RV spots - “TMS is decreasing its seating capacity for 2009 from 159,000 seats to 138,000 by removing 21,000 seats in the backstretch. Those seats will be replaced by 74 luxury spots for motor coaches.” Star-Telegram.com
Thor Industries inc. says fiscal first-quarter income dropped 87% - Forbes.com
September 12, 2008
Continue reading about Lake Delton after breach that emptied it
Coachmen getting out of the RV business - deal with Forest River prohibits manufacturing RVs for five years. More at Greater Fort Wayne Business Weekly.
RV industry has seen much worse times - Elkhart County unemployment reached 10.7% in October, but in the late 70s, early 80s, unemployment was nearly double that. More at Greater Fort Wayne Business Weekly.
New Trailer Line at Camping World - Camping World will be selling lightweight recreational vehicle trailers from Little Guy Teardrop Camper Trailers. Models are available around 500 lbs and range in length fro 4 to 6 feet. See press release for more information.
With rising interest rates and fuel prices, the last two years have been difficult for the RV industry. With the looming crisis in the sub-prime mortgage rate and possibility of tightening of underwriting by lenders, the RV industry could be impacted by the housing slump and souring consumer confidence, according to Bruce Hertzke, CEO of the larges U.S. motor home company, Winnebago Industries Inc.
Though the current slump is not over, Hertzke remains confident about the RV industry’s fundamentals over the longer term.
For the full story, see the Reuters article: Winnebago CEO: this summer crucial for RV industry.
The National Park Service will have new regulations in effect May 1, 2007 for the Ozark National Scenic Riverways in southern Missouri. The regulations are aimed at stopping problems on the Current and Jacks Forks Rivers that include “public drunkenness, illegal drug use, fighting, public nudity, littering, profanity, loud music and other “obnoxious behavior.”
Park staff and other law enforcements officials will aggresively enforcing the new rules and park staff will be beefed up on the weekends, when most of the problems occur.
- see more about this topic at KansasCity.com
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