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
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...