Allison Transmission Posts Jump in 1Q Profits

Allison Transmission Holdings Inc. reported a big jump in profit in the first quarter on an increase in sales. According to an Indianapolis Business Journal, the Indianapolis-based manufacturer earned $52.1 million, or 28 cents per share, in the quarter, up from $27.5 million, or 15 cents per share, in the same period of 2013. Sales […]

Flexsteel Industries Reporting Record 3Q Sales

Furniture supplier Flexsteel Industries Inc. today reported record net sales and net income for its fiscal third quarter and nine-month period ended March 31. Net sales were $327 million for the nine-month period, a 15% increase from the prior year. Net income was $9.4 million, or $1.24 per share, compared to $8.9 million, or $1.22 per […]

Beige Book: Economy Grows After Harsh Winter

U.S. economic activity increased in most of the country as the weather improved, particularly in the snow-ravaged northeast, according to summary of economic conditions released Wednesday. MarketWatch reported that the Beige Book, a collection of anecdotes about the economy published by the Federal Reserve, said 10 of its 12 districts saw improvement —mostly of the […]

Cruise Inn Adding HD Supply to Vendor Network

Cruise Inn, a newly launched membership network of campgrounds and RV parks, announced that HD Supply Facilities Maintenance is the latest addition to its group of preferred vendors. “An attractive part of Cruise Inn’s innovative membership model is its preferred vendor program,” said Cruise Inn Brand Manager Kristen Fandrey in a press release. “Park owners […]

NADA’s Fixed-Rate Plan Gains Lawyers’ Backing

The National Automobile Dealers Association’s (NADA) program for dealerships to establish a fixed rate for dealer reserve was strongly endorsed by legal experts at the Automotive Resource Network conference here this week, according to a report by Automotive News. “It would not surprise me if the finance source starts requiring you [dealers] to include this,” […]

Bill Thomas Sales Gives $5K to Learning Center

Bill Thomas Camper Sales of Wentzville, Mo., made a $5,000 gift to the Mike Molino RV Learning Center, bringing the dealership’s lifetime contributions to $31,000. According to a press release, the gift will fund the ongoing work of the Learning Center to deliver an array of high quality programs, products and services to help dealers […]

Bontrager Family Leads Reorganization at Jayco

Middlebury, Ind.-based Jayco Inc. announced a reorganization that will provide greater hands-on roles for Chairman Wilbur Bontrager and Derald Bontrager, president and CEO. “The new leadership structure will provide greater autonomy for our four operating divisions; Jayco Towables, Jayco Motorhome Group, Starcraft, and newly formed Highland Ridge RV which produces the Open Range family of […]

New Pickups Set to Roll Out at ‘N.Y. Auto Show’

It’s not without a certain amount of irony that one of the biggest global auto shows, and certainly one of the most significant to the U.S. market, is held in New York City, one of nation’s metropolitan areas with the lowest rates of private vehicle ownership. Nonetheless, according to Truck Trend, the April 18-27 2014 New York Auto Show […]

VIDEO 1: Winnebago ’15 Line Wows Dealer Body

Today’s segment of “RV Capital Talk” features an interview with Winnebago Industries Inc. President, Chairman and CEO Randy Potts discussing the rollout of “exciting” new products at the company’s Dealer Days in Las Vegas, To view the video click here or scroll to the right side of the RVBUSINESS.com home page.

ELS Objecting to Punitive Damages in MH Case

A day after Equity LifeStyle Properties Inc. (ELS) announced a California jury’s ruling of $15.3 million in compensatory damages against the Chicago company in a dispute over a manufactured housing community in San Jose, ELS announced Wednesday (April 16) that the same jury assessed $95.8 million in punitive damages. “We could not disagree more strongly […]