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 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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