Fed Maintaining Stimulus as U.S. Growth Slows

The Federal Reserve extended its support for a slowing U.S. economy on Wednesday (Oct. 30), sounding a bit less optimistic about growth and saying it will keep buying $85 billion in bonds per month for the time being. In announcing the widely expected decision, Fed officials nodded to weaker economic prospects due in part to [...]

ARI Sales Up; Incurs Loss on Acquisition Costs

  ARI Network Services Inc. said Tuesday (Oct. 29) it posted a fiscal fourth-quarter loss as it continued to integrate two acquisitions from the past year while revenue increased 44%. The Milwaukee Business Journal reported that the software company, which serves equipment manufacturers and dealers, said it lost $298,000, or 2 cents per share, in the [...]

Thor Motor Coach Garners Quality Circle Award

Thor Motor Coach has been awarded the Quality Circle DSI Award by the Recreational Vehicle Dealers Association (RVDA). According to a press release, the award will be presented on Dec. 2 during the RVDA Dealer Reception at the Crowne Plaza Hotel the evening before the opening of the National RV Trade Show in Louisville, Ky. [...]

Former MLB Player to Speak at Prayer Breakfast

Baseball, RVs and religion. This unlikely trinity will converge at the 2013 RVI Leadership Prayer Breakfast during the upcoming Louisville Show on Dec. 4, 7-8:30 a.m. at the Crowne Plaza Hotel, with an address from Brian Holman, former pitcher for the Montreal Expos and the Seattle Mariners. According to a press release, Holman’s path outside [...]

MTRV Carrying Thor Motor Coach’s Vegas ‘RUV’

California-based multilocation dealer Mike Thompson RV announced that it has added Thor Motor Coach’s Vegas, a 24-foot Class A motorhome the company is marketing as a “Recreational Utility Vehicle” (RUV). “We understand  RVers have similar goals when they purchase an RV, such as spending more time with their family, summer vacations, or retiring and hitting [...]

La. ‘Boom Town’ Grappling With RV Population

Lafayette, La., loves being a boomtown, but it hasn’t quite figured out what to do with the folks who build that boom. As reported by the Lafayette Advertiser, the Lafayette Consolidated Government passed an ordinance Oct. 15 prohibiting the use of recreational vehicles as permanent homes. A few days later, LCG president Joey Durel vetoed [...]

Lippert Appoints Byron Chartier as VP of Quality

Lippert Components Inc. (LCI) announced that Byron Chartier has been promoted to vice president of quality, according to a press release. Building off of 10 years of leadership experience at LCI, Chartier will work with the Research and Development and management teams from each facility to “maintain and fortify best practices based on customer needs, [...]

Shipments Up; Dealers Also Seeing Sales Grow

As far as RV shipments go, the national numbers are borderline robust for September in the recently released survey by the Reston, Va.-based Recreation Vehicle Industry Association (RVIA). The South Bend (Ind.) Tribune reported that not only is the number of shipments up 18.6% over September of 2012, it was the best September in the last [...]