Camping World Holdings Inc. (NYSE: CWH) today (Feb. 18) announced that an agreement has been signed to acquire the two dealership locations of Flagg RV in Uxbridge, Mass., and West Boylston, Mass., and additional land in Griswold, Conn. for a planned future location. The acquisition is anticipated to close in April 2021. The news comes […]
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EDITOR’S NOTE: The RV Dealers Association (RVDA) today (Feb. 17) issued the following release on the death of Dr. Wayne Peay. Click here to read the full obituary at RVDA website, submitted by his son Michael Peay. RVDA regrets to inform the membership that Dr. Wayne Peay, RVDA’s president in 1980-81, passed away last month. […]
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The Carlyle Group Inc. has bought another RV resort in metro Phoenix, after paying a record $88 million for a 1,119-space RV resort in Apache Junction in September, according to the Phoenix Business Journal. The Washington, D.C.-based private equity giant paid $7.75 million for the 178-site Mesa Sunset RV Resort, 9252 E. Broadway Road in […]
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The Full Nelson truck bed mount V-Rack is taking a jump onto the trailer bed with the release of the new Nelson Trailer Adaptor, according to a release fro Let’s Go Aero, Colorado Springs, Colo. Designed for mounting above domestic style truck beds for transporting two bikes along with expandable capacity for up to six […]
The post Let’s Go Aero Bridges Gap from Truck Bed to Trailer Bed appeared first on RVBusiness - Breaking RV Industry News.
A bill giving Indiana businesses and others broad protections from lawsuits by people blaming them for contracting COVID-19 was given final approval Monday by state lawmakers, according to an Associated Press report published by the Goshen News. The Republican-dominated state Senate voted 39-7 to send the bill to GOP Gov. Eric Holcomb, who has endorsed the proposal. […]
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Garmin Ltd. today (Feb. 17) announced results for the fourth quarter and fiscal year ended Dec. 26, 2020. Highlights for fourth quarter 2020 include: Total revenue of $1.35 billion, a 23% increase over the prior year quarter, led by robust growth in the marine, fitness and outdoor segments Gross margin of 58.5% compared to 58.0% […]
The post Garmin Delivers Record $4.19B Revenue, Profits in 2020 appeared first on RVBusiness - Breaking RV Industry News.
When Jess Glazer and her husband Mike DeRose traded their Manhattan apartment for a 40-foot motor home last fall, they imagined crisscrossing the U.S., camping by peaceful lakes and mountain streams, according to a report by The Wall Street Journal. Last week, via Zoom, Glazer showed me the Arizona RV park where they’ve been stationed […]
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Ford said it will sell only full-electric passenger cars in Europe by 2030 as part of a new growth strategy in the region, according to a report by Automotive News. The move will be supported by the company’s strategic alliance with Volkswagen Group to use VW’s MEB electric-car platform, Ford said in a statement on Wednesday. Ford […]
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Crude oil and pump prices will soon be more expensive than the highest price of 2020 despite low demand, according to a report by AAA. At the end of last week, crude was priced at $59.47/bbl. That’s just under $4/bbl less than last year’s most expensive price of $63.27/bbl (seen on January 6, 2020). Since […]
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The chairman of Indianapolis-based Allison Transmission Holdings Inc. (NYSE: ALSN) says he will not stand for re-election when the company conducts its annual stockholders meeting, according to a report by Inside Indiana Business. Allison says Lawrence Dewey will be succeeded as board chair by Chief Executive Officer David Graziosi. Lawrence Dewey led the company during […]
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