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Holiday RV Expects $15.7 million Loss

Dealership chain Holiday RV Superstores Inc. expects to report a net loss of around $15.7 million for its fiscal year 2002, which ended Oct. 31, according to a Securities & Exchange Commission (SEC) filing by the company. Today (Jan. 31) is the deadline for...

E-commerce Important to Campgrounds

Campgrounds across the country are increasingly using computerized reservation systems and websites for management and marketing purposes, according to the 2002 National Operations and Economic Survey of the RV Park and Campground Industry, published by the National...

Koyote Ranch Project Under way

Work is under way by Dallas-based developer DalMac Investment Corp. on Koyote Ranch, a high-end RV campground and resort near San Antonio, according to the San Antonio Express-News. Koyote Ranch, which will include 50 RV sites along with 50 cabins and 50 tent camping...

Winnebago Promotes Barker, Martin

Winnebago Industries Inc. announced it promoted Ed Barker to the newly created position of senior vice president and CFO, and Roger Martin to the position of vice president of sales and marketing. Martin, who had been Winnebago’s director of marketing since 1994,...

Dicor Buys Patrick’s United Shade

RV and custom vehicle industry supplier firm Dicor Corp. has acquired the United Shade Division of Patrick Industries Inc., the South Bend (Ind.) Tribune reported. Terms of the transaction involving the two Elkhart, Ind. firms were not revealed. United Shade...

Norm Frohreich Joins Jayco

Norm Frohreich, a 35-year RV industry veteran, has joined Jayco Inc. as vice president of towables sales and marketing. He will be responsible for sales, marketing and product management for all towable products, according to Jayco President and COO Derald Bontrager....

Fleetwood Profit Outlook Uncertain

Fleetwood Enterprises Inc. executives had forecasted that the company would report a loss for the November-through-January period, but today (Jan. 30) they said the loss will be greater than they had suggested. Additionally, President and CEO Ed Caudill said the...

Fleetwood Reports RV Dealers Now Cautious

Fleetwood Enterprises Inc.’s RV sales revenue grew by 11% in the three-month period that ended Sunday (Jan. 26), but the company also reports that its positive momentum has slowed. Fleetwood’s total sales revenue, including manufactured home building and retailing,...

E*TRADE’s Ganis to Launch New Programs

Ganis Credit Corp. has lowered its dealer buy rate twice since it was acquired on Dec. 23 by E*TRADE Group Inc., and new loan products and services are being developed for RV dealers and manufacturers, according to Mitch Shatzen, director of marketing, recreation loan...

Fed. Leaves Interest Rates Unchanged

Despite worries that the economy is sliding back into recession, the Federal Reserve Board decided today (Jan. 29) to leave interest rates unchanged. Consequently, the prime rate, to which many RV dealers’ inventory finance loans are pegged, remains at 4.25%, its...

Marathon Coach Cautiously Optimistic

Highline motorcoach manufacturer Marathon Coach Corp., Coburg, Ore., is “optimistic but cautious” about the market for 2003, Executive Vice President Steve Schoellhorn told the Register-Guard of Eugene, Ore. “There’s still some question marks about the economy,”...