Breaking News

WASHINGTON, D.C. – The national average for a gallon of regular remained the same as the previous week at $3.19, welcome news for the record number of drivers heading out of town for the long holiday weekend, according to a report by the American Automobile Association (AAA). The chart below shows just how little the national average has fluctuated so far in 2025 compared to previous years. Gas prices haven’t been this low over Memorial Day since 2021 when the national average was $3.04. Supply and demand are playing a role in this year’s lower pump prices as crude oil supply is currently surpassing demand. 

Today’s National Average: $3.195 

One Week Ago: $3.192 

One Month Ago: $3.166 

One Year Ago: $3.610 

According to new data from the Energy Information Administration (EIA), gasoline demand decreased from 8.79 million b/d last week to 8.64. Total domestic gasoline supply increased from 224.7 million barrels to 225.5. Gasoline production increased last week, averaging 9.6 million barrels per day. 

Oil Market Dynamics 

At the close of Wednesday’s formal trading session, WTI fell 46 cents to settle at $61.57 a barrel. The EIA reports that crude oil inventories increased by 1.3 million barrels from the previous week. At 443.2 million barrels, U.S. crude oil inventories are about 6% below the five-year average for this time of year. 

EV Charging 

The national average per kilowatt hour of electricity at a public EV charging station stayed the same this past week at 36 cents. 

State Stats 

Gas 

The nation’s top 10 most expensive gasoline markets are California ($4.87), Hawaii ($4.49), Washington ($4.38), Oregon ($3.99), Nevada ($3.93), Alaska ($3.64), Illinois ($3.44), Arizona ($3.37), Idaho ($3.32), and Pennsylvania ($3.31). 

The nation’s top 10 least expensive gasoline markets are Mississippi ($2.66), Louisiana ($2.71), Alabama ($2.74), Tennessee ($2.77), Texas ($2.78), Arkansas ($2.80), South Carolina ($2.81), Oklahoma ($2.81), Kentucky ($2.85), and Missouri ($2.87). 

Electric 

The nation’s top 10 most expensive states for public charging per kilowatt hour are Alaska (51 cents), West Virginia (49 cents), Tennessee (48 cents), Hawaii (46 cents), Montana (45 cents), Louisiana (44 cents), New Hampshire (42 cents), South Carolina (42 cents), Arkansas (42 cents), and Kentucky (42 cents).  

The nation’s top 10 least expensive states for public charging per kilowatt hour are Kansas (25 cents), Missouri (27 cents), Maryland (28 cents), Delaware (29 cents),  Nebraska (30 cents), Utah (30 cents), Iowa (32 cents), Massachusetts (32 cents), New Mexico (33 cents), and District of Columbia (33 cents).  

Drivers can find current gas and electric charging prices along their route using the AAA TripTik Travel planner. 

The post AAA: Ahead of Memorial Day, Gas Prices Hold Steady first appeared on RVBusiness - Breaking RV Industry News.

From New Jersey’s Outdoor Adventures: Join Patrick Botticelli from New Jersey’s Outdoor Adventures (as well as Colonial Airstream in Millstone, N.J.) for a very special tour of an incredibly rare 1973 Chevrolet P30 Chassis/1974 Shasta Class A RV Motorhome!

This vintage beauty, discovered on Facebook Marketplace, retains much of its original exterior character but boasts a completely renovated, exceptional interior.

Follow along as owner Killian gives a detailed walkthrough, showcasing the unique 70s vibe, the aluminum framing, and the extensive work done to restore and modernize this classic RV. From the iconic Shasta wings and round windows to the fully updated kitchen with teak countertops, the cozy cedar-lined living spaces, and the cleverly designed bedroom and bathroom, this motorhome is a true gem. Learn about the challenges of the renovation, the upgrades like the tankless water heater, solar power system, and modern appliances, and the interesting history (or lack thereof!) of this potentially prototype model. See how Killian blended vintage charm with modern comfort and boho style.

Although this specific motorhome has already been sold, this tour is a must-watch for any vintage RV enthusiast or anyone interested in RV restoration and unique builds!

The post Video: Ultra-Rare 1973 Shasta Motorhome Restoration first appeared on RVBusiness - Breaking RV Industry News.

From New Jersey’s Outdoor Adventures: Join Patrick Botticelli from New Jersey’s Outdoor Adventures (as well as Colonial Airstream in Millstone, N.J.) for a very special tour of an incredibly rare 1973 Chevrolet P30 Chassis/1974 Shasta Class A RV Motorhome!

This vintage beauty, discovered on Facebook Marketplace, retains much of its original exterior character but boasts a completely renovated, exceptional interior.

Follow along as owner Killian gives a detailed walkthrough, showcasing the unique 70s vibe, the aluminum framing, and the extensive work done to restore and modernize this classic RV. From the iconic Shasta wings and round windows to the fully updated kitchen with teak countertops, the cozy cedar-lined living spaces, and the cleverly designed bedroom and bathroom, this motorhome is a true gem. Learn about the challenges of the renovation, the upgrades like the tankless water heater, solar power system, and modern appliances, and the interesting history (or lack thereof!) of this potentially prototype model. See how Killian blended vintage charm with modern comfort and boho style.

Although this specific motorhome has already been sold, this tour is a must-watch for any vintage RV enthusiast or anyone interested in RV restoration and unique builds!

The post Video: Ultra-Rare 1973 Shasta Motorhome Restoration first appeared on RVBusiness - Breaking RV Industry News.

Memorial Day (originally known as Decoration Day) is a federal holiday in the United States for mourning the U.S. military personnel who have died while serving in the United States armed forces. From 1868 to 1970 it was observed on May 30. In 1970 the observance was moved to the last Monday in May.

While Memorial Day is technically classified as a “holiday,” it seems more appropriate to call it a remembrance – a time for introspection and contemplation.

In reflecting on Memorial Day, 33rd U.S. President Harry S. Truman offered this observation: “Our debt to the heroic men and valiant women in the service of our country can never be repaid. They have earned our undying gratitude. America will never forget their sacrifices.”

Regardless of how you choose to observe it, the staff at RVBusiness hopes each of you has an enjoyable Memorial Day weekend followed by a great summer. We will resume our daily newsfeed on Tuesday, May 27.

The post All the Best to Our Readers this Memorial Day Weekend first appeared on RVBusiness - Breaking RV Industry News.

OHI (Outdoor Hospitality Industry) officials are excited to announce nominations for the 2025 OHI Board of Directors election are officially open now through Thursday, June 5, 2025, according to a release from the national association (formerly National ARVC) dedicated to representing the interests and needs of private RV parks and campgrounds across North America. 

This is your opportunity to get involved, serve your community, and help shape the future of outdoor hospitality. OHI is calling on passionate outdoor hospitality professionals from across the industry to consider serving, or nominating a peer, for a leadership role that directly impacts the direction and strength of the RV park, campground, and outdoor hospitality community. 

“If you care about this industry and want to have a hand in its growth and future, OHI board service is one of the most impactful ways to do that,” said Paul Bambei, President and CEO of OHI. “We welcome new voices, bold ideas, and experienced leaders alike, because collaboration is at the heart of everything we do at OHI.” 

Board members play a critical leadership role, providing strategic guidance and advocating for OHI’s mission:  To empower RV parks, campgrounds, and glamping businesses with the community, resources, professional development, and legislative advocacy needed to ensure successful futures for all Outdoor Hospitality Industry businesses. Members of the OHI Board may serve up to two consecutive three-year terms, attend meetings throughout the year, and represent the interests of the full OHI membership. 

Those interested in nominating are encouraged to review the Board Service information at OHI.org/BoardService before submitting a nomination. 

The nomination period is open now through Thursday, June 5, 2025.

The voting period opens 12 p.m. ET, Sept. 1, 2025 and closes 12 p.m. ET, Sept. 18, 2025.

Only active OHI campground members in good standing are eligible to vote. Voting members will receive a validation email prior to the election confirming their voting eligibility and ballot delivery details. 

Whether nominating yourself or someone else, we encourage thoughtful, mission-driven participation. Let’s continue building the future of outdoor hospitality together. 

Learn more about the Board Service process at OHI.org/BoardService and nominate today through the links below: 

• Self-Nomination Form 
• Peer-Nomination Form 
• Candidate Guidelines 

The post Nominations Now Open for 2025 OHI Board of Directors  first appeared on RVBusiness - Breaking RV Industry News.

OHI (Outdoor Hospitality Industry) officials are excited to announce nominations for the 2025 OHI Board of Directors election are officially open now through Thursday, June 5, 2025, according to a release from the national association (formerly National ARVC) dedicated to representing the interests and needs of private RV parks and campgrounds across North America. 

This is your opportunity to get involved, serve your community, and help shape the future of outdoor hospitality. OHI is calling on passionate outdoor hospitality professionals from across the industry to consider serving, or nominating a peer, for a leadership role that directly impacts the direction and strength of the RV park, campground, and outdoor hospitality community. 

“If you care about this industry and want to have a hand in its growth and future, OHI board service is one of the most impactful ways to do that,” said Paul Bambei, President and CEO of OHI. “We welcome new voices, bold ideas, and experienced leaders alike, because collaboration is at the heart of everything we do at OHI.” 

Board members play a critical leadership role, providing strategic guidance and advocating for OHI’s mission:  To empower RV parks, campgrounds, and glamping businesses with the community, resources, professional development, and legislative advocacy needed to ensure successful futures for all Outdoor Hospitality Industry businesses. Members of the OHI Board may serve up to two consecutive three-year terms, attend meetings throughout the year, and represent the interests of the full OHI membership. 

Those interested in nominating are encouraged to review the Board Service information at OHI.org/BoardService before submitting a nomination. 

The nomination period is open now through Thursday, June 5, 2025.

The voting period opens 12 p.m. ET, Sept. 1, 2025 and closes 12 p.m. ET, Sept. 18, 2025.

Only active OHI campground members in good standing are eligible to vote. Voting members will receive a validation email prior to the election confirming their voting eligibility and ballot delivery details. 

Whether nominating yourself or someone else, we encourage thoughtful, mission-driven participation. Let’s continue building the future of outdoor hospitality together. 

Learn more about the Board Service process at OHI.org/BoardService and nominate today through the links below: 

• Self-Nomination Form 
• Peer-Nomination Form 
• Candidate Guidelines 

The post Nominations Now Open for 2025 OHI Board of Directors  first appeared on RVBusiness - Breaking RV Industry News.

ELKHART, Ind. – THOR Industries Inc. (NYSE: THO) today announced in a press release that the date for its fiscal 2025 third quarter earnings release will be on Wednesday, June 4, 2025, before the market opens.

Upon the release of THOR’s fiscal 2025 third quarter earnings, the company will concurrently publish a copy of the earnings release, a comprehensive question and answer document and a slide presentation on the Company’s website. To view the quarterly earnings documents, visit http://ir.thorindustries.com/.

The post THOR Industries to Release Earnings Report on June 4 first appeared on RVBusiness - Breaking RV Industry News.

Donald Anthony Gedert, 89, passed away peacefully at home in Cloverdale following a brief illness.

He was born Jan. 12, 1936, to Raymond and Dorothy (Schmitt) in Toledo, Ohio.

He was married to Kathryn L. Berry on July 9, 1955, while he was in the Army.

His sales career included autos, insurance and affordable housing for local families. In 1967, he began Ottawa Instant Homes. He was the president of the Indiana Manufactured Housing Association in 1978. In 1989, he became the sole developer of Stardust Hills. 

Outside of work, his main interest was cars, including restoring classic ones. He was an Indy Car fan and attended 60 Indy 500 races. He was part owner of Lincoln Park Speedway for several years.

Don is survived by Kay; children, T/Don (Catherine) Gedert Jr., Lisa Gedert, Linda (Greg) Hallaman and Ray (Ellen) Gedert; grandchildren Tony Gedert, Max (Caitlin) Beatty, Jackson (Molly) Beatty, Jacob (Michael) Stromatt, Joseph Stromatt, Josh (Caitlyn) Stromatt, Matthew (Shaunna) Briggs and Alison Briggs; four great-grandchildren; sister Mary Jean (Tom) McCarty; and brother Francis (Mary Ellen) Gedert.

Calling hours and visitation will be Friday, May 23 from 4-8 p.m. at Hopkins-Rector Funeral Home, 4 Percy L. Julian Drive, Greencastle, IN.

The post Donald A. Gedert, Former IMHA-RVIC President, Passes first appeared on RVBusiness - Breaking RV Industry News.

PHOENIX – Cavco Industries, Inc. (Nasdaq: CVCO) announced financial results for the fourth quarter and fiscal year ended March 29, 2025. Click here for the full report.

Quarterly Highlights

• Net revenue of $508 million up 21% from $420 million in the prior year quarter.
• Gross profit as a percentage of Net revenue was 22.8% with factory-built housing Gross profit as a percentage of Net revenue at 22.3%, down 80 basis points (“bps”) and 10 bps, respectively, from last year’s fourth quarter.
• Net income and Adjusted net income (non-GAAP)* were $36 million and $44 million, respectively. Net income per diluted share attributable to Cavco common stockholders was $4.47 and Adjusted net income (non-GAAP) per diluted share* was $5.40 compared to $4.03 in last year’s fourth quarter.

Full Fiscal Year Highlights

• Net revenue was $2,015 million, up $221 million or 12.3% compared to $1,795 million last year.
• Factory-built housing Gross profit as a percentage of Net revenue was 22.9%, compared to 23.2% in the prior year.
• Income before income taxes was $211 million, up $12 million or 6.0% compared to $199 million in the prior year.
• Net income per diluted share attributable to Cavco common stockholders was $20.71 compared to $18.37 last year. Adjusted net income (non-GAAP) per diluted share* for the year ended was $21.63.
• Backlogs at March 29, 2025 were $197 million, up from $191 million at March 30, 2024.
• Stock repurchases were approximately $150 million in the year.
• On May 20, 2025, the company’s Board of Directors approved an additional $150 million stock repurchase program.

“A significant pickup in activity in March helped close out a solid quarter after unusually harsh weather across the southern states in February impacted the transition into the Spring selling season. We held production levels throughout the quarter and are well positioned to increase from here as the market allows,” stated President and CEO Bill Boor.

“As previously announced,” he continued,, “in the 4th quarter, we significantly improved our go-to-market position by unifying our 31 manufacturing facilities under the Cavco name. Going forward, national product lines will logically segment our homes based on specific characteristics, simplifying the home search process for our home buyers. All of this leverages our national marketing efforts and the strength we have built in our Cavco name.”

*Adjusted net income (non-GAAP) and adjusted net income (non-GAAP) per diluted share exclude a $10.0 million non-cash charge related to the abandonment of indefinite-lived assets associated with the Company’s prior brands. See the Exhibit A for the calculation of adjusted results and the manner in which the adjusted measures are determined in this press release.

Click here for the full report.

The post Cavco Reports Fiscal 2025 4th Quarter, Year End Results first appeared on RVBusiness - Breaking RV Industry News.

WAKARUSA, Ind. – Next year our nation will be celebrating its 250th birthday — the semiquincentennial of the signing of the Declaration of Independence – and Rob Jackson, president/owner of Horizon Transport wants to give everyone an opportunity to participate in this historic event.

To that end, the company has created a new webpage – www.SeeAmerica250.com.

Jackson grew up in Philadelphia, Pennsylvania and as a 12-year-old during the nation’s Bicentennial celebration, he remembers the excitement surrounding that year. “All the wagon trains coming into Valley Forge,” he said. “That celebration of America was a really special year.” He added he knows the 250th is also going to be a historic time. “I want Americans to have the opportunity to get out there; to say, ‘I’m going to take a year off, get a truck and deliver RV’s and be part of this historic time’,” he said.

The webpage has links to all sorts of resources for the semiquincentennial—there are links for each state where you can search the activities and areas that are being highlighted in each state, national parks links, celebrate America 250 link and Jackson said they’ll continue to add to the site as more information becomes available.

There are also driver testimonials on the site with drivers from different walks of life speaking about why they love to drive for Horizon and though they might have different stories, almost all mentioned being able to travel across the states as one reason why they love what they do.

Jackson said, “The story of America is one of an entrepreneurial spirit — that’s what makes us great — small businesses are our secret sauce, so why not start your own business during this historical time and get out and see all our nation has to offer and let us pay you while you’re doing it!”

Jackson relates to those who say our time on earth is short and he doesn’t want anyone to have regrets when the historic year is over that they didn’t take the time or opportunity to experience it.

“During this historic year, all 50 states will be holding celebrations and activities. Along with the opportunity to explore America’s many historic landmarks, Horizon is offering the opportunity to travel America while earning an income—whether you want to take a year off to do this or make it a career; we want the site to be a catalyst to move people to action,” he said.

With all the resources attached, including a video message from Congressman Rudy Yakym, Jackson hopes the See America 250 site can be a ‘one stop shop’ for anyone interested in the semiquincentennial.

“It’s a shame that so many people haven’t gotten out to see America,” he said, adding, “It’s not so much the destinations but the people you’ll meet and the stories you’ll have to tell along the way. It’s the journey.”

The post Horizon Transport Launches ‘SeeAmerica250’ Campaign first appeared on RVBusiness - Breaking RV Industry News.