(NHTSA). Per strict NHTSA protocols, manufacturers will next notify its dealer partners of the recall notice. Each notice will include details of the affected vehicles as well as the appropriate remedy.
Thor Motor Company is recalling 4,251 2023-2026 Axis, Chateau, Four Winds, 2023-2025 Coleman, Echelon, Freedom Elite, Geneva, Outlaw, Quantum, Vegas, 2025 Eddie Bauer, Freedom Traveler, Pasadena, and 2024-2025 Magnitude motorhomes. The slide-Out room can be deployed without the parking brake engaged, allowing the room to extend while the vehicle is in motion. Dealers will replace the park brake harness, free of charge. Owner notification letters are expected to be mailed May 5. Owners may contact TMC customer service at 1-877-855-2867. TMC’s number for this recall is RC000325.
Winnebago Towable is recalling 70 2025 Access and Voyage travel trailers. The tire inflation information listed on the federal placard is incorrect. As such, these vehicles fail to comply with the requirements of Federal Motor Vehicle Safety Standard (FMVSS) number 110, “Tire Selection and Rims.” Winnebago will mail corrected labels, free of charge. Owner notification letters are expected to be mailed April 30. Owners may contact Winnebago customer service at 1-574-825-5280 Ext. 5220. Winnebago’s number for this recall is CAM0000042.
Keystone RV Company is recalling 70 2025 Kodiak 2900FKSP and 308BHSL travel trailers. The patio travel latch screws may become loose, causing the patio latch to detach during transit. Dealers will replace the latch screws with bolts, free of charge. Owner notification letters are expected to be mailed May 15. Owners may contact Keystone customer service at 1-866-425-4369. Keystone’s number for this recall is 25-464.
Tiffin Motorhomes, Inc. (Tiffin) is recalling 3 2025 Zephyr motorhomes with floorplan 45PZ. The secondary emergency exit is incorrectly located on the same side as the primary emergency exit. Dealers will install an egress window on the driver’s side wall, free of charge. Owner notification letters are expected to be mailed May 23, 2025. Owners may contact Tiffin customer service at 1-256-356-8661. Tiffin’s number for this recall is TIF-144.
From REDARC: Planning off-grid adventures that last more than a week? The Van Expedition Ready Kit is the ultimate mobile power system for van life adventurers exploring North America. With a powerful 3000W inverter and advanced energy management, this in-cabin setup lets you bring all the comforts of home—no matter how remote your travels.
Perfect for long-term travellers and digital nomads, this system lets you run high-draw appliances like induction cooktops, coffee machines, and TVs, while also managing all your essential van accessories. Whether you’re navigating remote terrain or embracing life on the road, the Van Expedition Ready Kit delivers the reliable power you need to stay connected, comfortable, and in control.
What’s in the Kit:
A Manager Alpha100 (BMS12100-NA) which is perfect for charging auxiliary batteries and keeping an eye on your power with the REDVISION Display.
A 3000W Inverter (R-12-3000RS-NA) that allows you to take all the comforts of home with you and power sensitive 110V electronics and appliances when standard shore power isn’t available.
Use the dropdown to choose your distribution option. The Rogue comes with two TVMS Rogue units (TVMS1240) for space saving distribution and 20 x 10A channels. If you have higher powered appliances, choose the Combo which features the TVMS Rogue and TVMS Prime (TVMS1280-DBV2) for a total of 15 x 10A channels and 5 x 30A channels.
Pair this system with 2–4 lithium batteries and fixed solar panels for the ultimate off-grid van power setup—so you can stay out longer, go further, and live more freely.
Fuel your van life adventures with the Van Touring Ready Kit. Perfect for explorers seeking longer getaways, this mobile power solution keeps you powered up for rugged terrains, coastal drives, and remote campsites. Stay connected and comfortable while efficiently managing power for lighting, cooking, and entertainment during extended journeys. With the Van Touring Ready Kit, you’ll have all the energy you need to make the most of your van life adventures, thanks to versatile charging options including solar, DC, and AC for those times when you can connect to shore power on the road.
What’s in the Kit:
A Manager Alpha75 (BMS12075-NA), perfect for charging auxiliary batteries and keeping an eye on your power with the REDVISION Display.
A 2000W Inverter (R-12-2000RS-NA) that allows you to take all the comforts of home with you and power sensitive 110V electronics and appliances when standard shore power isn’t available.
A RedVision Total Vehicle Management System (TVMS1240) that provides unprecedented control and automation of your overlanding vehicle to control accessories such as lights, fridges and your inverter.
Pair this setup with secondary batteries and fixed solar panels for the ultimate dual battery system. Whether you’re touring, camping, or exploring remote locations, the Touring Ready Kit keeps you powered anywhere you go.
From REDARC: Need a simple way to power your weekend van trips? REDARC has the perfect solution.
The Weekend Ready Kit is the ideal entry point for van owners wanting compact, efficient, and reliable off-grid power. Whether you’re camping by the beach, exploring off-grid trails, or escaping the city for a few days, this kit keeps your essential van accessories—like fridges, lights, and mobile devices—powered up and ready to go.
What’s in the Kit:
50amp DC to DC Charger (BCDC12050R): Keeps your secondary battery charged while you drive.
1000W Pure Sine Wave Inverter (R-12-1000RS-NA): Allows you to take all the comforts of home with you and power sensitive 110V electronics and appliances when standard shore power isn’t available.
RedVision Total Vehicle Management System (TVMS1240): Automate and control accessories such as lights, fridges and your inverter.
RedVision Display (DISP4300-RC): Monitor power usage at a glance.
Pair this kit with a secondary battery and fixed solar for the ultimate dual battery setup—so you can stay out longer, go further, and stay powered anywhere.
“If a tornado warning is issued and you are in that path, you should take it seriously and seek shelter,” he said. “Do not try to ride it out in an RV.”
Vidrine speaks from experience. On March 15, a tornado warning was issued for southern Mississippi. That afternoon, an EF4 tornado tore through one of his campgrounds, Paradise Ranch in Tylertown, Miss., destroying its 210 campsites and all 27 cabins.
“We lost 135 acres of 40-year-old pine trees,” he said, adding that local media reports estimated the tornado to be a mile wide.
Fortunately, the park was mostly empty when the tornado struck.
“Because of the threat of severe weather that weekend, we had a lot of cancellations. There were only eight campers at the park at the time,” he said. “Most of the people took shelter in our bar and grill. Several stayed in their campers and rode it out.”
Two of the campers who stayed in their travel trailer had to be extricated from the toppled vehicle by park staff.
Everyone at the park was safe and recovery efforts are underway. Credit: Sean Vidrine
“We had a couple of people that were trapped,” Vidrine said. “Our staff had to help open the door to get them out. One lady’s foot was stuck between the (trailer’s) wall and the slideout.”
Vidrine said they were too shaken to speak to Woodall’s Campground Magazine after riding out the tornado in their RV.
“We were very lucky we did not have any fatalities,” he said.
Vidrine is no stranger to violent weather. A life-long resident of St. Charles, La., he survived Hurricane Rita in 2005 with “no major impacts.” However, he did suffer some damage to his home and lost 30 rental properties in 2020 as a result of Hurricanes Laura and Delta.
Vidrine got into the campground business in 2019 when he purchasedParadise Ranch. At that time, the park had 91 sites and four cabins. He subsequently expanded it to 210 sites and 27 cabins.
Operating through St. Charles-based Four Points RV Resorts, LLC, Vidrine and business partners have since acquired several other campgrounds, including Jellystone Park locations in Pittsfield, Ill. and Monticello, Iowa. They have also acquired converted existing campgrounds into Jellystone Park locations in Mansfield, Penn. and Lake Charles, La.
Vidrine said he had to close Paradise Ranch after the tornado because of the amount of damage to the park.
“We’re in the process of cleaning up and working with insurance to try to get repairs underway,” he said, adding that some of his campers have been coming to help him clean up the park.
“We’ve been very fortunate with the amount of support we’ve received from volunteers and from campers coming in to help clean up,” he said, noting that volunteers have also been helping people displaced by the tornado in Tylertown.
“People are showing up to hand food out. It’s been awesome to see people come together,” he said.
ESSLINGEN, Germany and GELDROP, Netherlands – Eberspächer Climate Control Systems International GmbH and Zeliox Sales B.V. have signed an agreement to establish a joint venture company, according to a press release. The future company Eberspächer Zeliox B.V. will develop and distribute energy storage systems for mobile power supply in commercial and special vehicles. The aim is to offer market-leading solutions globally.
The trend towards electrification is also finding its way into utility, ambulance and construction vehicles. Thanks to additional mobile power sources, these vehicles are reliably supplied with energy on the construction site or at the place of use. Motorhome owners also appreciate the independence of a self-sufficient power supply. The future joint venture company Eberspächer Zeliox, in which both partners hold 50 per cent of the shares, serves this trend. The aim is to become the world’s leading expert in all-in-one energy storage systems for mobile applications. To achieve this, Eberspaecher, as an established automotive supplier for special vehicles, is combining its expertise with the know-how of the Dutch energy storage system specialist Zeliox.
Technology combined with a global sales network “Thanks to Zeliox’s technical expertise and many years of experience, we are expanding our product portfolio with innovative energy storage solutions in a targeted manner. This is a further step in our aim to offer our customers complete thermal management including the necessary energy as a system supplier. With our global service and sales network, we are a strong partner when it comes to a quick market launch and the corresponding scaling,” emphasizes Steffen Such, Executive Vice President Eberspaecher.
Zeliox owner Frank Verkuijlen highlights: “By establishing this strategic partnership with Eberspaecher, we can scale up more rapidly to meet customer needs while also accelerating the launch of innovative solutions to the market. By leveraging the combined strengths of both companies, we position ourselves as a leading player in the vehicle power supply market, offering a more comprehensive, competitive, and innovative product and service portfolio.”
In the future, the collaboration will drive forward targeted innovation and develop new integrated all-in-one energy storage systems. The focus here is on solutions that ensure quick installation and intuitive operation. This will enable the highest quality to be provided for a wide range of customer requirements in various segments and markets. In addition to the Utility & Cargo and Ambulance segments, the products are used in public safety and construction vehicles as well as motorhomes.
Fast market entry planned Eberspaecher is using its global service and sales network to ensure a quick market entry. The products will be available in Europe from April. The North American market will be served in a second step. The aim is to achieve worldwide availability through Eberspaecher’s more than 20 subsidiaries and twelve general agencies by the end of 2026. The joint venture partners will make their first joint market appearance at bauma 2025 in Munich. Visitors can get to know the products from 7 to 13 April at the Eberspaecher booth 249 in hall A4.
Modular combinable systems The all-in-one energy storage systems for retrofitting are permanently installed in the vehicle and serve as a mobile power source for operating a wide range of electrical tools and devices or charging batteries. They are available in power classes from 0.65 kWh (50 Ah) to 2.6 kWh (200 Ah). The system can also be expanded to achieve greater power with additional battery modules. The all-in-one design integrates all the necessary components, making installation in workshop or service vehicles, for example, much easier.
With approximately 11,200 employees at 80 locations worldwide, the Eberspaecher Group is one of the automotive industry’s leading system developers and suppliers. The family business, headquartered in Esslingen am Neckar, stands for innovative solutions in exhaust technology, automotive electronics and thermal management for a broad range of vehicle types. In combustion or hybrid engines and in e-mobility, the components and systems from Eberspaecher ensure greater comfort, higher safety and a clean environment. Eberspaecher is paving the way for future technologies such as mobile and stationary fuel cell applications, synthetic fuels as well as the use of hydrogen as an energy carrier. In 2023, the Group generated revenue of around 6.4 billion euros. Net revenue adjusted for transitory items amounted to 3.0 billion euros.
Zeliox is an innovative company in the field of mobile power supply and the pioneer of the first All-in-One Power Supply Unit in 2010. With extensive experience in developing and implementing energy-efficient and high-performance solutions, Zeliox provides reliable and flexible power storage for commercial and special vehicles. Headquartered in the Netherlands, with a branch in Denmark, Zeliox strengthens its presence in the European market. As an OEM supplier, it delivers modular and scalable energy storage systems used in construction, utility & cargo, public safety, and caravan and motorhome industry. Zeliox is committed to continuous innovation, high-quality standards, and sustainable energy solutions, positioning itself as a leading provider in the European market for mobile power supply systems.
NEW YORK – The Conference Board Consumer Confidence Index fell by 7.2 points in March to 92.9 (1985=100). The Present Situation Index — based on consumers’ assessment of current business and labor market conditions — decreased 3.6 points to 134.5. The Expectations Index — based on consumers’ short-term outlook for income, business, and labor market conditions — dropped 9.6 points to 65.2, the lowest level in 12 years and well below the threshold of 80 that usually signals a recession ahead. The cutoff date for preliminary results was March 19, 2025.
“Consumer confidence declined for a fourth consecutive month in March, falling below the relatively narrow range that had prevailed since 2022,” said Stephanie Guichard, Senior Economist, Global Indicators at The Conference Board. “Of the Index’s five components, only consumers’ assessment of present labor market conditions improved, albeit slightly. Views of current business conditions weakened to close to neutral. Consumers’ expectations were especially gloomy, with pessimism about future business conditions deepening and confidence about future employment prospects falling to a 12-year low. Meanwhile, consumers’ optimism about future income—which had held up quite strongly in the past few months — largely vanished, suggesting worries about the economy and labor market have started to spread into consumers’ assessments of their personal situations.”
March’s fall in confidence was driven by consumers over 55 years old and, to a lesser extent, those between 35 and 55 years old. By contrast, confidence rose slightly among consumers under 35, as an uptick in their assessments of the present situation more than offset gloomier expectations. The decline was also broad-based across income groups, with the only exception being households earning more than $125,000 a year.
Guichard added: “Likely in response to recent market volatility, consumers turned negative about the stock market for the first time since the end of 2023. In March, only 37.4% expected stock prices to rise over the year ahead — down nearly 10 percentage points from February and 20 percentage points from the high reached in November 2024. On the flip side, 44.5% expected stock prices to decline (up 11 ppts from February and over 22 ppts more than November 2024). Meanwhile, average 12-month inflation expectations rose again — from 5.8% in February to 6.2% in March—as consumers remained concerned about high prices for key household staples like eggs and the impact of tariffs.”
Consumers’ views of their Family’s Current Financial Situation improved slightly but their expectations for future finances declined to the lowest level since July 2022. The proportion of consumers anticipating a recession over the next 12 months remained steady at a nine-month high. (These measures are not included in calculating the Consumer Confidence Index). The share of consumers expecting higher interest rates over the next 12 months increased to 54.6% from 52.6% in February, while the share of consumers expecting lower interest rates dropped further to 22.4% from 24.1%.
A special question about how easy it is for consumers to form expectations about the future found considerable self-confidence among consumers in assessing their own future income prospects and family financial situation, with over 45% finding it easy and only about 20% finding it difficult. However, forming expectations about broader economic trends appeared more challenging: over one-third found it difficult to assess future employment and business conditions while 38.8% found it difficult to predict inflation.
On a six-month moving average basis, purchasing plans for both homes and cars declined. Surprisingly, given the anxiety about the future, intentions to buy big-ticket items—including appliances and electronics—ticked up, which may reflect plans to buy before impending tariffs lead to price increases. Consumers’ overall intentions to purchase additional services in the months ahead were little changed, but their priorities shifted. Fewer consumers planned to spend more on movies and live entertainment or sports, and more planned to spend on outdoor activities and travel. Vacation plans also increased.
Comments on the current Administration and its policies, both positive and negative, dominated consumers’ write-in responses on what is affecting their views of the economy. Write-in responses also showed that inflation is still a major concern for consumers and that worries about the impact of trade policies and tariffs in particular are on the rise. There were also more references than usual to economic and policy uncertainty.
Present Situation
Consumers’ assessments of current business conditions were significantly less positive in March.
17.7% of consumers said business conditions were “good,” down from 19.1% in February.
16.6% said business conditions were “bad,” up from 14.8%.
Consumers’ views of the labor market improved slightly in March.
33.6% of consumers said jobs were “plentiful,” unchanged from February.
15.7% of consumers said jobs were “hard to get,” down from 16.0%.
Expectations Six Months Hence
Consumers’ outlook for business conditions worsened in March.
17.1% of consumers expected business conditions to improve, down from 20.8% in February.
27.3% expected business conditions to worsen, up from 25.5%.
Consumers’ outlook for the labor market outlook also deteriorated.
16.7% of consumers expected more jobs to be available, down from 18.8% in February.
28.5% anticipated fewer jobs, up from 26.6% in February
Consumers were more pessimistic about their income prospects in March.
16.3% of consumers expected their incomes to increase, down from 18.8% in February.
15.5% expected their income to decrease, up from 12.8%.
Assessment of Family Finances and Recession Risk
Consumers’ assessments of their Family’s Current Financial Situation improved slightly in March.
Consumers’ assessments of their Family’s Expected Financial Situation weakened to a 2½-year low.
Consumers’ Perceived Likelihood of a US Recession over the Next 12 Months held steady in March.
The monthly Consumer Confidence Survey, based on an online sample, is conducted for The Conference Board by Toluna, a technology company that delivers real-time consumer insights and market research through its innovative technology, expertise, and panel of over 36 million consumers. The cutoff date for the preliminary results was March 19.
Source: March 2025 Consumer Confidence Survey
About The Conference Board
The Conference Board is the member-driven think tank that delivers Trusted Insights for What’s Ahead. Founded in 1916, we are a non-partisan, not-for-profit entity holding 501 (c) (3) tax-exempt status in the United States. ConferenceBoard.org.
The details of Trump’s next round of import taxes are still sketchy. Most economic analyses say average U.S. families would have to absorb the cost of his tariffs in the form of higher prices and lower incomes. But an undeterred Trump is inviting CEOs to the White House to say they are investing hundreds of billions of dollars in new projects to avoid the import taxes.
It is also possible that the tariffs are short-lived if Trump feels he can cut a deal after imposing them.
“I’m certainly open to it, if we can do something,” Trump told reporters. “We’ll get something for it.”
At stake are family budgets, America’s prominence as the world’s leading financial power and the structure of the global economy.
DENVER – The weather finally cooperated for Denver’s Great American RV Show with sunny days and a grand finale day that was cooler and overcast – just right for sending an RVing crowd indoors from March 27-29 at the Colorado Convention Center.
The previous two years featured spring snowstorms that kept the crowd sizes down.
But with a show that featured about 30% more vehicles and vendors than 2024, show Owner/Chief Event Architect Hague Atkinson got the kind of crowd he was hoping for.
Friday’s crowd included Colin Jongsma and his family from Wellington, Colo. With his wife and two older children looking through units, including a Grand Design bunkhouse model in the Windish RV Center display, Jongsma toted around his youngest daughter.
The family – which embodies the target RVing demographic – are first-time would-be buyers and said they wanted to make sure they were getting good looks at several different towables in their price range.
“I don’t think we’ll end up buying this weekend, but we’re looking for something around the $30,000 range,” he said. “We wanted to come to the show so we could get a look at as many options as we could.”
Whitney Holtz, president of Windish, said she was pleased with the possibilities presented by families like the Jongsmas who are looking to join the RVing lifestyle.
“We hope to attract families who are serious buyers,” she said. “It can sometimes take them six months to a year to find their right unit, so this is a great place to start.”
This year’s show featured an overland section with rugged vehicles and a number of vendors displaying camping products.
Atkinson said the vendors he spoke to reported a good deal of success, with three of them selling out of the products they had on sale before the show closed Saturday.
He said the addition of the overland displays was a hit with the Colorado crowd that is known for its off-grid adventures.
“The one thing we’re trying to become is a well-rounded mix so it’s not just campers and not just trailers, it’s not just motorized or overland, but just like anything you want a complete menu,” he said. “I think we accomplished that this year even better than we did last year.”
Justin Slusser, West Region president for Blue Compass RV, said he agreed that the changes to the show had brought in a new level of shopper this year.
“The buyers we’ve seen have a strong confidence and are really high quality,” he said. “There has been great interest for 2025 and this has been a successful show.”
Contributing to the variety at the show were a number of new vehicles and first-time exhibitors.
Perhaps tops on the list of standout new vehicles was the Airstream 2026 Interstate 19X LE Outland Edition Class B.
Built on a Sprinter 2500 AWD chassis, the Outland is an Airstream through and through right down to its shiny silver exterior and even the riveted look of an Airstream trailer.
Regional Director of Sales Mark Inkrote said the model on display was one of only three in existence so far and that the Outland will have a limited manufacturing run.
Also on display was the Grand Design Lineage FW, which debuted at the 2024 Hershey Show.
The manufacturer’s first motorized RV is built on the Sprinter 4500 chassis.
First-time exhibitor Nomad RVs out of New Jersey exhibited a pair of motorized models, highlighted by its Euphoria Class C.
Built on a Sprinter 3500 AWD chassis, the rugged vehicle features ample interior space, a Starlink satellite internet system and a host of other features.
Atkinson said another show is scheduled in Denver from July 31 to Aug. 2, giving campers another opportunity to shop with some sneak peaks at 2026 models.
He said he is excited to see more people getting involved in RVing and hopes to continue to grow the Denver shows.
“We’re seeing in the industry that so many people love the concept and convenience and the chance for a ‘digital detox’,” he said. “It helps families get away from the screens and the computers and really reconnect. You have to unplug to reconnect. People at the show are scheming and dreaming about what they want to do. They are finding the fit.”
ELKHART, Ind.— LCI Industries (NYSE: LCII), through its wholly owned subsidiary, Lippert Components, Inc. (Lippert), a leading supplier of engineered components to the recreation and transportation markets, today announced that its subsidiary, Lippert Components Manufacturing, Inc., has acquired substantially all of the business assets of Trans Air Manufacturing Corporation (Trans/Air).
Founded in 1979, Trans/Air is a trusted provider of climate control systems for a wide range of vehicles, including commercial, school, type-A, transit, limo, touring and electric-hybrid busses, as well as specialty vehicles and vans. Their full product line includes evaporators, compressors, condensers, hoses & fitting systems, electronic controls and custom-designed drive kits. While servicing traditional commercial vehicles for 45 years, Trans/Air has also invested significant capital and technology into the rapidly growing EV Bus Market, which continues to expand due to federal and local government emissions initiatives across North America.
Trans/Air is headquartered in Dallastown, Pennsylvania, but operates multiple strategic installation facilities across the country that are physically located inside their customers’ operations. This approach ensures a daily presence at customer sites, enabling the management of complete or partial installations while providing crucial technical service and product expertise. Trans/Air also maintains a network of over 170 authorized service centers across North America.
Ryan Smith
Lippert has been manufacturing window and glass solutions to the commercial bus industry for over 12 years. The two companies already share many of the same customers in the transportation vehicle space, and these synergies excite Ryan Smith, Group President for Lippert’s North American OEM Operations: “We’re pleased to welcome Trains Air to the Lippert family. When Lippert was approached with the opportunity months ago, we were immediately impressed with their operational strategies and knew that they would be a great addition to our product portfolio,” said Smith. He continued, “We are excited to continue the investment into innovation in order to grow the business, and we’ll build on their great team and customer relationships to further expand into the Transportation Vehicle Market.”
Andrew Pocock
Andrew Pocock, Lippert’s EVP of Building and Transportation Products, echoed Smith’s enthusiasm: “We are so excited to add such a great team, brand and product line to the Lippert family. We are confident that together we can serve our partners better and will strengthen the product offering as well as the overall value that Lippert brings to our customers.”
About LCI Industries
LCI Industries (NYSE: LCII), through its Lippert subsidiary, is a global leader in supplying engineered components to the outdoor recreation and transportation markets. We believe our innovative culture, advanced manufacturing capabilities, and dedication to enhancing the customer experience have established Lippert as a reliable partner for both OEM and aftermarket customers. For more information, visit www.lippert.com.
AUSTIN, Texas – Campers Inn RV and Mike Regan announce their partnership and successful acquisition of Crestview RV. Through this strategic partnership, Mike Regan will now serve as the president of Crestview RV at all Texas locations. This marks a significant milestone in Campers Inn’s expansion into Austin, Georgetown, Waco, and San Antonio, further strengthening its presence in Texas, according to a release from the Jacksonville, Fla.-based dealer group.
Crestview RV was founded by Scott Lougheed in Central Texas. Scott is the son of Don Lougheed, who was an early pioneer of the RV industry, opening his first dealership in 1963 and becoming one of the founders of RVDA. With this partnership, Campers Inn has facilitated the financing and support to help Mike Regan achieve his dream of RV dealership ownership, ensuring that Crestview’s legacy continues under strong, passionate leadership, the release continued.
Jeff Hirsch
“This partnership is about more than just growth—it’s about recognizing and empowering great leaders like Mike,” said Jeff Hirsch, CEO of Campers Inn RV. “At Campers Inn, we believe in forging partnerships that retain exceptional management talent while creating a clear succession plan for the future. The RV industry is undergoing rapid consolidation, and while publicly traded and/or private equity backed companies like Blue Compass, Camping World, and Lazy Days have access to the capital markets, Campers Inn continues to take a strategic, relationship-driven approach. By leveraging traditional financing and our extensive resources, we help outstanding operators become owners and ensure the continued success of their businesses.”
This acquisition also reflects Campers Inn’s long-term vision for growth in Texas. The company is actively seeking additional opportunities to expand its footprint and support other aspiring owners who may not have the financial means to acquire a dealership on their own, according to the release.
Mike Regan
“I am truly proud to be associated with Jeff and Ben Hirsch,” said Mike Regan, president of Crestview RV. “Their values align closely with those of Crestview RV and myself, making this partnership a perfect fit. I’m excited to see where this collaboration will take us, and I look forward to the opportunities and success that lie ahead.”
Many longtime RV dealership owners take pride in seeing their dedicated employees take the next step in ownership, preserving their legacy while securing the future of their business.
“Our partnership model offers a pathway for talented individuals who have spent their careers in the industry but may not have the resources to acquire a dealership outright,” added Jeff Hirsch. “We want to be the solution for the next generation of RV dealership owners.”
With the addition of Crestview RV, Campers Inn continues its mission to provide industry-leading customer service while expanding its presence in key markets. We welcome Mike Regan to the Campers Inn family and look forward to an exciting future in Texas.
About Campers Inn RV
Headquartered in Jacksonville, Fla., Campers Inn RV was established in 1966 and has grown to become the nation’s largest family-operated dealership group with 36 locations throughout the East Coast, Mid-Atlantic and Midwest regions. In 2010 and consecutively since 2014, Campers Inn RV has been selected as one of RVBusiness magazine’s Top50 Dealers in North America and was named a Top 5 Blue Ribbon Award winner in 2023 marking the fifth time Campers Inn RV has earned this prestigious honor.
TAMPA, Fla. — Lazydays Holdings, Inc. (NASDAQCM: GORV) announced today that it has signed a letter of intent (LOI) to divest three store locations to General RV Center. The LOI is generally nonbinding, with the exception of a 75-day exclusivity provision relating to the three stores. The stores are located in Ft. Pierce, Fla., Longmont, Colo., and Mesa, Ariz. The divestiture of the stores is expected to be finalized within 75 days.
In a separate release, Lazydays also reported financial results for the fourth quarter and fiscal year ended Dec. 31, 2024 (see below).
Ron Fleming
“As we continue to evaluate and streamline our dealership footprint to maximize shareholder value, we made the decision to strategically divest three stores from our portfolio,” stated Ron Fleming, Interim CEO of Lazydays. “We expect this transaction to add meaningful cash to our balance sheet, reduce our indebtedness and decrease geographical redundancy in our footprint, while allowing Lazydays to continue our operational improvements among a more focused dealership network. General RV Center is an established dealership operator that closely aligns with our brand, employee, and facility standards, and we are confident the company will serve as a strong steward for these stores going forward.”
Loren Baidas
“We are pleased to partner with a well-established dealership like Lazydays to expand our reach and enhance opportunities for RV enthusiasts in key markets,” stated General RV CEO Loren Baidas. Entering Arizona and Colorado aligns with our growth strategy, building on the strong performance of our Utah locations and our deep experience in Florida, where we operate seven dealerships. This collaboration strengthens our presence and benefits customers in these regions. We are thrilled to have these three locations join the General RV family of dealerships.”
“2024 was a year of significant transformation for Lazydays,” Fleming continued, “marked by our leadership transition and the execution of a series of transactions designed to strengthen our balance sheet and streamline our operational footprint. While our fourth quarter and full year 2024 results were challenging, we believe the steps we have taken, and continue to take, will create a more durable and agile company that is positioned for the future. As we look ahead, we remain laser focused on ensuring we have the right dealership footprint – as evidenced by our announced letter of intent to further divest three store locations – while maximizing the operational performance of the stores within our footprint to drive long-term shareholder value.”
Fourth Quarter, Fiscal Year 2024 Financial Report
Total revenue for the fourth quarter 2024 was $159.9 million compared to $198.0 million for the same period in 2023. Total revenue for the year ended Dec. 31, 2024 was $871.6 million compared to $1,082.7 million for the same period in 2023.
Fourth quarter 2024 net loss was $96.1 million compared to net loss of $108.0 million for the same period in 2023. Fourth quarter 2024 Adjusted EBITDA, a non-GAAP measure, was $(24.3) million compared to Adjusted EBITDA of $(10.7) million for the same period in 2023.* We recognized impairment charges of $39.1 million related to assets held for sale during the fourth quarter 2024 and $118.6 million related to goodwill during the fourth quarter 2023. The results for the fourth quarter 2024 were also negatively impacted by a non-cash loss on change in fair value of warrant liabilities of $16.3 million.
Net loss for the year ended December 31, 2024 was $180.0 million compared to net loss of $110.3 million for the same period in 2023. Adjusted EBITDA for the year ended December 31, 2024 was $(58.7) million compared to Adjusted EBITDA of $11.6 million for the same period in 2023.* Net loss per diluted share for the year ended December 31, 2024 was $8.90 compared to net loss per diluted share of $8.45 for the same period in 2023.
*Refer to the reconciliation of net income to Adjusted EBITDA under “Reconciliation of Non-GAAP Measures” in this press release.
Recent Developments
As mentioned, Lazydays also announced that it has signed a letter of intent with General RV Center to divest three store locations from the company’s footprint: Ft. Pierce, Fla.; Longmont, Colo.; and Mesa, Ariz. If completed, this transaction will add meaningful cash to the company’s balance sheet, reduce its indebtedness and decrease geographic redundancy in its footprint. The letter of intent is generally nonbinding, with the exception of a 75-day exclusivity provision relating to the three stores.
Additionally, during February 2025 and March 2025, the company completed the sales of the following facilities and any associated owned real estate to subsidiaries of Camping World Holdings, Inc. under an asset purchase agreement and a real estate purchase agreement: Elkhart, Ind.; Surprise, Ariz.; Murfreesboro, Tenn.; Sturtevant, Wisc.; and Woodland, Wash.. In March 2025, Camping World elected to not close on the purchase of two of the company’s dealerships located in Portland, Ore., and Council Bluffs, Iowa.
The company delivered written notice to Camping World to exercise its remedy under the asset purchase agreement for its failure to complete the Portland, Ore., and Council Bluffs, Iowa, closings (namely to relieve the company from any obligation to issue 9,708,737 shares of its common stock to Camping World) and to terminate the asset purchase agreement effective on March 31, 2025, the outside date under the asset purchase agreement.
In March 2025, Lazydays entered into a Limited Waiver and Consent with Respect to Credit Agreement (the “Waiver”) with Manufacturers and Traders Trust Company, as Administrative Agent, and certain lenders under the Second Amended and Restated Credit Agreement dated as of Feb. 21, 2023. For more information on the Waiver, please see the company’s Current Report on Form 8-K filed on March 28, 2025 with the U.S. Securities and Exchange Commission.
Conference Call Information
Lazydays has scheduled a conference call at 8:30 AM Eastern Time on Monday, March 31, 2025 that will also be broadcast live over the internet.
The conference call may be accessed by telephone at (877) 407-8029 / +1 (201) 689-8029. To listen live on the company’s website or for replay, visit https://www.lazydays.com/investor-relations.
Lazydays is a publicly listed company on the Nasdaq stock exchange under the ticker “GORV.”
. Founded in 1916, we are a non-partisan, not-for-profit entity holding 501 (c) (3) tax-exempt status in the United States. 
