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In The News

There are 65 news items available. Showing 51 through 60:

Millennials Hit The Road In A Sleek New Generation of RVs [View]
Source: Bloomberg
Published: Monday, December 5, 2016.
Summary: This fall, one of the hottest things in outdoor gear wasn’t a new drone or motorized skateboard. The tech tastemakers—from Outside Magazine to Gear Patrol—collectively drooled over a recreational vehicle. That’s right, an “RV” —specifically the Airstream Basecamp, a $35,000 teardrop of aluminum that can be towed behind a Subaru.

Indiana Rules The Road With RVs [View]
Source: WAVE 3, Louisville,KY
Published: Thursday, December 1, 2016.
Summary: If you pass an RV on the highway, you might wonder where someone is going on vacation. But thousands of workers in Indiana don’t care. They are just happy another RV is rolling down the road. About 435,000 motor homes and towables will be ordered by dealers in 2017, according to the RV show for retailers this week in Louisville. Orders for RVs have never been higher. The Hoosier State is responsible for more than 80 percent of all RVs built in America. Manufacturing jobs are flourishing in Elkhart and other parts of Northern Indiana.

RV Industry Gets A Boost From Baby Boomers, Airstream CEO Wheeler Says [View]
Source: The Street
Published: Tuesday, November 29, 2016.
Summary: "It really paints a great picture for the future. This industry is a great bellwether for the economy as a whole," Airstream CEO Bob Wheeler said on Fox Business' "Mornings With Maria" on Tuesday. Historically, when RV sales are up in the U.S., so is the economy. "When folks are willing to walk into an RV show or dealership and drop between $10,000 and $80,000 or $90,000, we think it speaks pretty well to their confidence about their economic future," he explained. The industry has been on the up-and-up since 2010, but has really taken off this year, Wheeler said. The company expects to end the year up 14% over last year with a total of 420,000 units shipped in all, driven largely by Baby Boomers.

Nightly Business Report: Red Hot RV Industry (Video) [View]
Source: / CNBC
Published: Tuesday, November 29, 2016.
Summary: RV sales have been the strongest since 1976 due to stronger economy, low interest rate, and accessibility to find an affordable unit.

RV Sales Hit Record High: Best Year Since 1976 (Video) [View]
Source: Power Lunch
Published: Tuesday, November 29, 2016.
Summary: CNBC's Phil LeBeau reports on what is driving RV sales towards its 40-year high.

Thor Industries CEO: When Young Buyers Start Camping, They Don't Stop (Video) [View]
Source: Mad Money
Published: Tuesday, November 29, 2016.
Summary: Jim Cramer spoke to Bob Martin, THOR Industries president and CEO, about what is contributing to the company's upward momentum.

What Is Driving The Boom In RV Sales? (Video) [View]
Source: Fox Business News: Morning with Maria
Published: Tuesday, November 29, 2016.
Summary: Airstream CEO Bob Wheeler on the company's rise in sales for recreational vehicles.

RV Shipments In US To Hit Highest Level In Four Decades [View]
Published: Tuesday, November 29, 2016.
Summary: Recreational vehicle shipments in the United States are expected to climb to their highest level in nearly four decades this year, according to an industry association, as millennials join baby boomers in hitting the road. RV shipments, which include travel trailers and motorhomes, are expected to total 419,500 in 2016, a 12.1 percent jump from a year earlier, and 438,100 in 2017, the Recreation Vehicle Industry Association said on Tuesday.

8,000 People Expected To Visit Louisville This Week For National RV Trade Show (Video) [View]
Published: Tuesday, November 29, 2016.
Summary: "The RV industry is on a roll," said Bill Baker, senior director of communications at RVIA.. "We are going to end this year at 420,000 units. That's a big jump over the 370,000 units of last year and looking forward into 2017, we expect industry shipments will top 430,000 units. That would be a really sizable increase. One of the best in 40 years."

Thor Industries Hits the Gas As RV Demand Keeps Climbing [View]
Published: Monday, November 28, 2016.
Summary: The market for recreational vehicles has been extremely strong lately, and Thor Industries (NYSE: THO) has worked hard to capture as much of the market for RVs as possible. The company's organic growth has been impressive, and Thor has also turned to the mergers and acquisitions front to bolster its business even further.

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