The Federal Reserve is now prepared to reduce interest rates this month even though it recognizes monetary policy cannot completely shelter a U.S. economy increasingly threatened by the coronavirus. Bloomberg reported that Fed Chairman Jerome Powell opened the door to a rate-cut at the Fed’s March 17-18 meeting by issuing a rare statement Friday (Feb. […]
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Marcus Lemonis and the rest of the executive team at Camping World Holdings Inc. are happy to put 2019 behind them. SGB Media reported that’s because last year the company’s leadership orchestrated a “significant shift” in its business model, one in which Camping World pivoted “away from locations where we did not have the ability […]
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The industry’s new RV Training Institute (RVTI), headquartered in the RV Industry Association’s (RVIA) Midwest offices on the east side of Elkhart, Ind., is making headway in establishing remote locations throughout the country where service technicians outside Northern Indiana can also polish their skills. That was the biggest takeaway from Thursday’s (Feb. 27) board meeting […]
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In late 2017 or early 2018, Carl Yoder, the general manager of Lippert Components Inc. in Elkhart, Ind., had an idea. He owned a pontoon boat, and the company he worked for built slideouts for recreational vehicles and motorhomes. Why couldn’t he put a slideout on a pontoon boat and extend its deck space? “We […]
The post LCI, Barletta Boats’ Slide-Toon Expands Deck Space appeared first on RVBusiness - Breaking RV Industry News.
All motor vehicle dealerships can again offer Guaranteed Asset Protection (GAP) to service members and their families as they do with civilian customers who finance a vehicle purchase. The Recreation Vehicle RV Dealers Association (RVDA) reported that the U.S. Department of Defense has granted a joint petition to withdraw Question and Answer (Q&A) 2 from […]
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“The one percent are spending,” a dealer whispered at the 2019 New York Boat Show, gesturing towards a 38-foot, $750,000 center console crawling with shoppers. “We’ve written two today, and it’s not even noon. If people aren’t selling boats right now, they should give up.” Soundings Trade Only reported that the observation is a common […]
The post RV Industry Surpasses Marine on Entry-Level Buyers appeared first on RVBusiness - Breaking RV Industry News.
Northwood Manufacturing, La Grande, Ore., showcases its new Nash 18FM, a 23-foot dual axle travel trailer with a street-side slideout and up-front Murphy bed.
The post Video: Northwood Mfg. Spotlights New ‘Nash’ Trailer appeared first on RVBusiness - Breaking RV Industry News.
Editor’s Note: The following column by Mark Polk appears in the latest RV Education 101 newsletter offering a look at the launch and evolution of the publication. To view the entire newsletter click here. The other day as I was going through our inventory of products, I ran across a couple boxes of old VHS […]
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The following is the latest list compiled by the National Highway Traffic Safety Association (NHTSA). • Forest River Inc. is recalling 4,464 2019-2020 Surveyor, NO BO, Cherokee, R. POD, Clipper, Viking, Independence, Puma and East to West trailers. The spare tire carrier U-bolts may fail allowing the spare tire carrier and spare tire detach from […]
The post Report: ‘NHTSA’ Issues Latest List of Recalls for RVs appeared first on RVBusiness - Breaking RV Industry News.