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E*TRADE Bank to Acquire Ganis Credit

The E*TRADE Bank unit of online stock brokerage firm E*TRADE Group Inc. signed a definitive agreement late in November to acquire Ganis Credit Corp., a major source of loans to consumers buying RVs, boats and motorsports products. Ganis, a unit of Germany’s Deutsche...

Towable Inventories Remained Tight

Dealer inventories of new travel trailers, fifth-wheels and folding campers remained tight as of the end of September, a comparison of industry data reveals. Statistical Surveys Inc. reports 10,758 travel trailers were sold in September in the 47 states from which it...

Quality Circle Award Useful to Builders

Six RV manufacturers have received 2002 Quality Circle Awards from the Recreation Vehicle Dealers Association (RVDA). Five of them received the coveted recognition last year from the national dealer group. Repeat winners include KZ Inc., Shipshewana, Ind.; Lance...

Towables Retail Market Remains Robust

The retail market for travel trailers and fifth-wheels remained robust in September, according to Statistical Surveys Inc., an independent market research firm. Retail sales of travel trailers climbed 18.3% higher in September to 10,758 units in the 47 states from...

Towables Shipments Exceed ‘99 Levels

It appears 2002 will be a better year for makers of travel trailers and fifth-wheels than 1999, the RV industry’s most recent cyclical peak year. Motorhome shipments, however, have not yet recovered to 1999 levels, according to Recreation Vehicle Industry Association...