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Economy Grew Slowly in 2Q

The U.S. economy grew at a sluggish 1.1% rate during the second quarter, down from the robust 5% growth rate experienced during the January-through-March portion of this year, the Commerce Department reported today (July 31). The economy’s growth rate during the...

RVs Propel Coachmen to Profitability

Significantly improved RV sales helped Coachmen Industries Inc. return to profitability during the second quarter, and Claire Skinner, the company’s chairman, president and CEO, believes Coachmen is “on track to report a solid profit for the full year.” Coachmen’s RV...

National RV Reports Loss, Lowers Output

National RV Holdings Inc. reported a $1.4 million loss for the second quarter and the company announced it has lowered production rates at its Perris, Calif., manufacturing complex. However, the Southern California-based company has increased output rates at its...

Monaco “Bullish” on Diesel Market

Monaco Coach Corp. remains “bullish” on the diesel engine motorhome business and “our strongest order segment continues to be the mid-to-high-end diesel market,” said John Nepute, president of the Coburg, Ore.-based company. “We have ramped-up production on all of our...

New “RV Executive” Editor Named

Matt Marks is the new editor of the Recreation Vehcile Dealers Association’s (RVDA) magazine RV Executive Today, the association announced. Marks will coordinate content and production of RV Executive Today and the RVDA’s websites, www.rdva.org and...

Dealer Profits Up, Inventories Smaller

RV dealer net profits were up substantially when the first five months of this year are compared with the same portion of 2001, despite smaller new RV unit inventories as of the end of May at small and mid-size dealerships, according to consultant firm Spader Business...

Fleetwood Stock Hits New 52-week Low

The hiring of a trucking industry executive to be Fleetwood’s new president and CEO did not prevent the New York Stock Exchange-listed company’s shares from sinking to a new 52-week low today (July 26). Fleetwood stock has set new 52-week lows on several occasions...

Fleetwood Names New President/CEO

Fleetwood Enterprises Inc. went outside of the RV and manufactured housing industries to name Edward B. Caudill, a 59-year-old executive from truck manufacturer PACCAR, to be its new president and CEO. Caudill will begin work at Fleetwood in mid-August. PACCAR, based...