Camping and RV News and Press Releases
Want to stay up to date on the latest press releases and business news in the camping and RV industry? Scroll below to view all camping/RV industry business news.
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October 31, 2023
How a PE-Backed Glamping Company Grew Its Valuation by 5x in Just 13 Months
Seven years after founding the glamping company Under Canvas, in 2009, Sarah and Jacob Dusek knew it was time to raise outside funding. The couple's safari-inspired, luxury camping business had grown annual revenue to $8 million in 2016 from around $1 million in 2014 with just three sites, located near national parks in Montana...
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October 31, 2023
Ford will postpone about $12 billion in EV investment as buyers become more cautious
Ford Motor said Thursday that many customers in North America are no longer willing to pay a premium for an electric vehicle over an internal-combustion or hybrid alternative. As a result, it’s postponing about $12 billion in planned spending on new EV manufacturing capacity. Customers’ reluctance to pay extra for...
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October 30, 2023
Update: Planned theme park promises ‘more to come’ during RV park groundbreaking
The American Heartland Theme Park and Resort is planned to be a 1,000-acre development with a 125-acre theme park, which is comparable to the size of Disneyland and the Magic Kingdom. The theme park alone would be nearly twice the size of Tulsa’s Gathering Place, which is 66.5 acres. The...
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October 30, 2023
Campers Inn RV Announces GM Transition, Seeks Successor
Campers Inn RV of Louisville, Kentucky, announced the impending transition of its general manager, Paul Cunningham, who will be taking a new role with the company. Cunningham has been a “trailblazing figure” with a 45-year career in the RV industry. His departure from general manager will open a coveted role...
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October 28, 2023
Thule’s Profits Bounce Back in Third Quarter
Thule Group reported a strong recovery in earnings in the third quarter as sales rose 8.0 percent. Sales in the North American region decreased 15 percent on a currency-neutral basis. The Sweden-based maker of outdoor and transportation products reported net sales for the quarter amounted to SEK 2,311 million ($205.8...
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October 25, 2023
September Shipment Report Released
Total RV shipments decreased 12.9% in September, compared to last year, according to the RV Industry Association’s survey of manufacturers. September saw the shipment of 24,700 units, compared to the 28,363 units shipped in September 2022. To date this year, RV shipments are down 42.8% with 238,121 total units. RV...
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October 24, 2023
Bank of Montreal (BMO) Stock Price, Quote, News & Analysis
Bank of Montreal (NYSE:BMO) is in talks with potential buyers to sell a portfolio of recreational vehicle loans with a face value of at least $5B, Bloomberg reported Tuesday, citing people with knowledge of the matter. Seeking Alpha
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October 24, 2023
RVIA Government Affairs Outlines Bills To Watch
The RV Industry Association’s state Government Affairs team reviewed more than 3,200 pieces of legislation during the 2023 session, the RVIA announced today. The team is actively monitoring or lobbying on about 500 of those bills, they said, highlighting some of the key pieces of legislation to keep an eye...
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October 18, 2023
This solar electric RV can travel 250 miles using GM’s Brightdrop EV platform
Detroit-based electric RV startup Grounded revealed its new G2 Wednesday, claiming to be “the world’s first 250-mile range all-electric solar-equipped RV.” With long-range capabilities, the solar electric RV allows you to get closer to nature without harming it. The RV also includes amenities like an induction stove, hot water, indoor shower and...
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October 17, 2023
The Best Foods To Pack For Camping, According To Food Safety Experts
Anyone who’s ever gone camping knows the question of what food to pack is simultaneously one of the most exciting and daunting aspects of the whole adventure. Yes, camping meals can be delicious and fun to prepare. But figuring out what to bring can also be extremely stressful and raise...
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October 17, 2023
Winnebago to Post 4Q Results as RV Demand Remains Soft — Earnings Preview
Winnebago Industries is expected to see a drop in sales for the fiscal fourth on Wednesday morning as the RV maker grapples with slumping demand. Here's what you need to know: EARNINGS: The Eden Prairie, Minn., RV manufacturer is expected to post earnings of $1.27 a share for the fourth...
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October 17, 2023
Cummins Components Pres. Mahesh Narang to Step Down
Cummins Inc. (NYSE: CMI) announced that Mahesh Narang, Cummins Vice President and President of the Components Business, is departing Cummins on Oct. 27 to pursue an external opportunity. Mahesh served in a variety of business leadership roles during his more-than 20-year career at Cummins. Narang has led the Components Business...
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October 16, 2023
Fully Electrified Van Life Has Arrived: Maxwell, Rossmönster Debut ‘Vanacea’
Combine an electric van from Maxwell and a campervan conversion from Rossmönster, and you get a Vanacea: a fully electrified home on wheels. The power system can support an instantaneous hot water heater, a 9,000-BTU heat pump, and an induction cooktop. It also comes with 1,560 W of solar capacity through...
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October 10, 2023
RV maker Thor Industries raises dividend by 7%
RV maker Thor Industries Inc. THO, +2.29% late Tuesday said its board has authorized a 7% dividend increase to 48 cents a share. The dividend is payable on Nov. 10 to shareholders of record on Nov. 1. Thor shares fell 1.3% in the extended session Tuesday after ending the regular trading day...
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October 10, 2023
Texas Developer to Build Two Gated, Luxury Resorts
Provident Realty Advisors (PRA), a Texas-based diversified real estate development and investment firm, and the Dallas-based office of Trez Capital, a preeminent provider of commercial real estate debt and equity financing solutions across North America, introduced Provident’s new luxury RV resort platform with the acquisition of two Texas development sites in Burleson and San...
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October 10, 2023
Alliance RV Renews Sponsorship of RV Unplugged
As the reality show “RV Unplugged” is set to return for its second season, Alliance RV has once again signed on as a sponsor of the show, which features adventure-seeking RVers exploring the backcountry and staging various competitions. For its second season, “RV Unplugged” has teamed up with an Emmy-winning...
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October 9, 2023
2023 Fall Detroit RV & Camping Show Draws Nearly 11,000
the 34th Annual Fall Detroit RV & Camping Show, which was hosted by the Michigan Association of Recreation Vehicles and Campgrounds (MARVAC), wrapped up a successful run this weekend. Held Oct. 4-8 at the Suburban Collection Showplace in Novi, Mich., the show attracted almost 11,000 people. The show featured nearly 400 RVs on...
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October 5, 2023
Vista Outdoor Announces Name for Outdoor Products Segment
Vista Outdoor Inc., the parent company of 41 renowned brands that design, manufacture and market sporting and outdoor lifestyle products to consumers around the globe, announced the name and identity of its Outdoor Products segment following a planned separation. Outdoor Products will be named Revelyst, Inc., and the company will trade...
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October 5, 2023
Mink Campers boosts its bold Icelandic teardrop to pure electric power
Teardrop trailers rank right up there with VW T1 pop-up camper vans as the most timeless, iconic designs in RV history. And even in such a revered category, Iceland's Mink Campers manages to pop out amidst the rest of the pack with its simple but colorful spin on classic teardrop...
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October 3, 2023
GoCamp Launches New Technology
GoCamp introduced new technology for camper van rentals, capitalizing on the continued growth of the outdoor adventure sector. GoCamp’s unique approach to camper van rentals provides customers with a curated, high-quality fleet of vans and Class B RVs that can be accessed through an online peer-to-peer marketplace. RV Pro
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October 3, 2023
Camping World’s CEO Joins Overstock’s Board
Overstock.com Inc. appointed Marcus Lemonis, currently chairman and chief executive officer (CEO) of Camping World, as its newest independent director, effective October 2, 2023. Lemonis is also known as the host of CNBC’s The Profit where he helps small businesses improve their operations. Lemonis also helps homeowners improve the value...
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September 29, 2023
Monitor Your Airstream in Your Vehicle Through Apple CarPlay
Owners of Airstream’s iconic trailers will soon be able to monitor the trailer’s systems right on their vehicle’s infotainment screen through Apple CarPlay, the company announced Thursday. The Airstream Smart Control app can soon connect to the tow vehicle through Apple CarPlay. This development aims to provide owners of Airstream...
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September 28, 2023
RV shipments keep slipping in August
The RV Industry Association (RVIA) reported this week that 28,071 recreational vehicles were shipped from manufacturers last month (August 2023), a decrease of 16.9% from the 33,783 units shipped in August, 2022. Year to date, RV shipments are down 45.0% with 213,421 units.
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September 27, 2023
New RVIA Board Members Have Been Chosen
Voting for the 2024 RV Industry Association board of directors election closed on Monday, and the final results are in. Nine candidates were vying for three open seats, and the winners will begin serving their three-year terms on Jan. 1. RV Pro
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September 26, 2023
Disney Files Permit for New Dvc Cabins at Disney’s Fort Wilderness Resort and Campground
The construction of 350 new Disney Vacation Club cabins at Disney’s Fort Wilderness Resort & Campground will soon get underway. Walt Disney World has filed a permit to build the cabins that will replace the current cabins currently located at the Campground. Projected to open in 2024, the Disney Vacation...