Canadian GDP returns to positive territory

TORONTO — Third-quarter 2015 GDP growth in Canada rose by an annualized 2.3 percent after declining by 0.3 percent (-0.5 percent previously) and 0.7 percent (-0.8 percent), respectively, in the second and first quarters, RBC Economics reported. Market expectations had been for third-quarter 2015 growth to rebound to 2.3 percent, said Paul Ferley, assistant chief ...

Report: GE Outlines Restructuring of GE Capital

General Electric Co. announced the commencement of the realignment and reorganization of GE Capital’s businesses. Zack’s reported that the strategic restructuring plan was announced on Apr 10 under which the industrial giant intended to shrink its huge finance arm and deepen its focus on investment and growth in its core industrial operations. Under the restructuring, GE […]

Volta Touts ‘Lithium Ion Energy’ for RVs at RVIA

Volta Power Systems is showing the latest in lithium ion energy storage and power delivery for the RV market during this week’s National RV Trade Show in Louisville, Ky. According to a press release, Volta is exhibiting at Booth No. 17 in the South Wing of the Kentucky Exposition Center. “The automotive industry has spent millions developing […]

Buffet Had It Right About RV Industry’s Potential

Like most people who buy recreational vehicles, Warren Buffett made his decision quickly. He heard about Forest River Inc. in the summer of 2005 and bought the company just seven days later. Today, the purchase seems particularly sage, according to a report by Bloomberg Business. The Recreational Vehicle Industry Association (RVIA) projects that North American manufacturers will ship […]

PSI Unveils ‘High-Powered’ Class A Gas Engines

Power Solutions International Inc., a supplier of emissions-certified alternative-fuel and conventional power systems, is presenting its latest gasoline-fueled RV engines at this week’s National RV Trade Show in Louisville, Ky. According to a press release, PSI’s top highlights include its purpose-built, 500-hp 8.8-liter RV engine and a low-speed 8.8-liter engine designed to deliver diesel-like torque.  The […]

Winnebago WinnVision Offers ‘VR’ Product Tours

Winnebago Industries Inc. is going live with WinnVision, a virtual reality imaging and display technology that gives RV buyers access to unprecedented navigable on-line tours of its products. “For the past decade you’ve seen the automotive industry use VR in displaying car interiors, but WinnVision goes beyond a 360-degree image from one position,” said Director of […]

Supplier Showcase: Stromberg Carlson, Thetford

Editor’s Note: This is the next installment in a Louisville Show spotlight focusing on the supply side that will run on RVBUSINESS.com over the next week. Fifty-three products from 34 industry suppliers slated for introduction in Louisville will be showcased during the series. Stromberg Carlson CL-27 Extend-A-Line For 2016, the slightly smaller CL-27 model joins the popular CL-36 Extend-A-Line from […]

Winnebago Move May Push Lane Co. RV Revival

Junction City, Ore., leaders called Winnebago Industries Inc.’s new plant the first big sign since the recession that Lane County’s recreational vehicle industry has a pulse. As reported by the Register-Guard, the Iowa-based RV giant plans to phase in production of its diesel vehicles at the former Country Coach plant during the next 18 months, […]