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.-
October 31, 2023
This Tiny Camping Trailer Looks Like a Pocket-Sized Airstream
Just-right-sized small camping trailers are pequeño rolling living spaces that offer a respite from the world in a more manageable package than the rolling houses often seen at RV parks; they come in a variety of shapes and packages, from off-road-ready towables that are little more than tents over axles to...
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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...
