Finance and Insurance
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RV News
Lithia & Driveway Reports $8.6B in Q1 Revenue, 23% Increase
Lithia & Driveway (LAD), parent company of Airstream Adventures, reported on Wednesday that first quarter 2024 revenue increased 23% to…
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RV News
Brown & Brown Announces Q1 Financials
Brown & Brown announced its unaudited financial results for the first quarter of 2024. Revenues for the first quarter of…
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RV News
Dometic Reports Improved Q1 EBITA Margin Despite Challenging Market
Dometic reported Friday that net sales for the first quarter were SEK 6,527 m (7,289); a decrease of -10%, of…
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Features
Understanding PVR & How It Can Improve F&I Revenue
Q: What is PVR, and why is it important for RV dealerships to track? A: PVR, or “per vehicle retailed,”…
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RV News
EasyCare Unveils New Brand Identity
EasyCare and National Auto Care, APCO Holdings brands, announced that they have merged into a unified nationwide F&I provider under…
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RV News
Dragonfly Energy Reports 2023, Q4 Financials
Dragonfly Energy Holdings Corp., maker of Battle Born Batteries and an industry leader in energy storage, reported its financial and…
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Features
The Importance of a Properly Structured Reinsurance Company for RV Dealerships
In the ever-evolving landscape of RV sales and services, RV dealerships are continuously seeking ways to maximize profitability and manage…
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RV News
Priority RV Network Distributes $4.5M at 24th Annual Meeting
Priority RV Network (PRVN) celebrated its 24th Annual Meeting, held from April 2-4 at the M Resort Spa Casino in…
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JPMorgan CEO Warns Economic Issues ‘Not Seen Since WWII’
JPMorgan Chase CEO Jamie Dimon told investors Monday that he continues to expect the U.S. economy to be resilient and grow…
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RV News
Dometic Reports Restated Financials for New Segment Structure
Dometic announced it is changing its segment reporting structure from the reporting of the Q1 2024 interim report. “Dometic is…
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RV News
APCO Holdings Taps New Chief Technology Officer
APCO Holdings, home to the EasyCare, National Auto Care, GWC Warranty and MemberCare brands, announced that Kumar Kathinokkula has joined…
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RV News
Expion360 Reports Q4, Full Year Results
Expion360, maker of lithium-ion battery power storage solutions, reported financial results for the fourth quarter and full year ended December…
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Features
Tackling the Challenging World of F&I
Finance & Insurance (F&I) is arguably one of the most important departments in any dealership, and any help F&I employees…
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RV News
RVDA & Fiserv Renew Provider Agreement
The Recreation Vehicle Dealers Association (RVDA) announced it has renewed its endorsed provider agreement with Fiserv, a global provider of…
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RV News
BharCap Partners Acquires Red Oak Inventory Finance
BharCap Partners, a Greenwich, Connecticut-based private investment firm focused on the financial services sector, announced the acquisition of Red Oak…
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AP: Wall Street Hangs Near Records, Closes Its Best Week of the Year
Wall Street is hanging near its record highs Friday, as U.S. stocks head toward the finish of their best week…
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RV News
Winnebago Reflects Industry in Q2 Financial Report
Winnebago Industries reported financial results for the fiscal 2024 second quarter ended Feb. 24. Revenues reached $703.6 million with a gross profit…
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RV News
Winnebago Board Approves Quarterly Cash Dividend
Winnebago Industries, a leading outdoor lifestyle product manufacturer, today announced that the company’s board of directors approved a quarterly cash…
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RV News
REV Group Announces Secondary Offering of Common Stock
REV Group announced the pricing of its previously announced underwritten secondary public offering of 7,395,191 shares of the company’s common…
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US Inflation Up in February, Price Pressures Remain Elevated
Consumer prices in the United States picked up last month, a sign that inflation remains a persistent challenge for the Federal Reserve…
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RV News
THOR Industries Reports ‘Challenging’ Q2, CEO Remains Confident
THOR Industries announced on Wednesday financial results for its second fiscal quarter ended Jan. 31. “Our fiscal second quarter, similar…
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RV News
Myers Industries Announces Q4, Full Year Results
Myers Industries, a manufacturer of polymer products for numerous markets including the RV industry, reported fourth quarter and full year…
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RV News
Trader Interactive Reports Record FY2023 Performance
Online marketplace giant Trader Interactive finished fiscal year 2023 with record performance across its portfolio, it said. The leading marketplaces for RVs,…
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RV News
LKQ Corp. Reports 16.6% Revenue Increase in Q4 Financial Results
LKQ Corp. today reported fourth quarter and full year 2023 financial results. “The fourth quarter was a strong finish to…
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RV News
Shyft Group Sees $202M in Q4 Sales, Reports Full Year Financials
The Shyft Group, a North American leader in specialty vehicle manufacturing, assembly and upfit for the commercial, retail and service…
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RV News
Camping World Reports Full Year, Q4 Financials
Camping World Holdings today reported results for the year and fourth quarter ended Dec. 31, 2023. Marcus Lemonis, chairman and…
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RV News
Camping World Declares Q1 Cash Dividend
Camping World Holdings announced that its board of directors declared a regular cash dividend of $0.125 per share on the…
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RV News
REV Group Announces Pricing of Upsized Secondary Offering
REV Group announced the pricing of the previously announced underwritten public offering, which has been upsized to 16,000,000 shares of…
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RV News
LCI Industries Unveils Full Year 2023, Q4 Financials
LCI Industries, through its wholly owned subsidiary Lippert, today reported fourth quarter and full year 2023 results. “Throughout the year,…
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RV News
Fortius Capital Launches Outdoor Hospitality Acquisition Initiative
Fortius Capital, a real estate private equity and development company, launched a new property acquisition initiative in mountain and resort…
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RV News
Patrick Industries Reports Q4, Full Year 2023 Financials
Patrick Industries today reported financial results for the fourth quarter and year ended Dec. 31, 2023. Fourth quarter net sales…
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Fed Chair Powell: Rate Cuts ‘on Track’ Amid Slowing Inflation
Chair Jerome Powell said in an interview broadcast Sunday night that the Federal Reserve remains on track to cut interest rates…
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RV News
Dometic Reports Margin Growth in Q4 Financials
Dometic reported this week that net sales for the fourth quarter were SEK 5,327 m (6,172 million USD) – a decrease of…
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Despite Anticipation on Interest Cuts, Fed Likely to Have ‘Little Urgency’
The Federal Reserve will likely move closer Wednesday to cutting its key interest rate after nearly two years of hikes that were…
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RV News
Equity LifeStyle Properties Sees Q4 Revenue Gains
Equity LifeStyle Properties, owner and operator of manufactured home communities, RV resorts and campgrounds in North America, announced results for the…
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RV News
JD Power Unveils 2023 Insights for RV Market
J.D. Power’s Specialty Division reported all segments of the RV market are depreciating in a market generally defined by higher…
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RV News
Brown & Brown Reports Q4 Financials for 2023
Brown & Brown announced its unaudited financial results for the fourth quarter and full year of 2023. Revenues for the…
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RV News
Lightship Secures $34M Series B Financing for L1 Production
Lightship has completed a $34 million Series B financing to accelerate production of its all-electric Lightship L1. The round was co-led by…
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RV News
Winnebago to Privately Offer $300M of Convertible Senior Notes
Winnebago Industries announced its intention to offer, subject to market conditions and other factors, $300 million aggregate principal amount of…
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ROUTE 66, ReserveMax Form New Partnership
ROUTE 66 RV Network and ReserveMax have formed a partnership that brings a new tool to reshape the F&I experience…
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RV News
Patrick to Participate in CJS Securities Investor Conference
Patrick Industries said it will participate in the upcoming CJS Securities’ 24th annual “New Ideas for the New Year” Investor Conference…
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RV News
Lazydays Closes $35M Mortgage Loan Facility
Lazydays today announced that it has closed on a $35 million mortgage loan facility funded by clients of Coliseum Capital Management. The…
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RV News
Market Watch: RV, Boat Makers Rise on Hopes for Lower Interest Rates
Shares of companies that make and sell boats and RVs powered higher Thursday, with many notching new 52-week highs, as…
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RV News
Inflation Slows to 3.1% Annual Rate in November
Prices across a broad range of goods and services edged higher in November but were mostly in line with expectations,…
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November Unemployment Declines Unexpectedly, Stocks Rise
The unemployment rate unexpectedly fell in November, reflecting signs that the labor market may not be cooling as quickly as…
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RV News
THOR Industries Reports $2.5B in Q1 Net Sales
THOR Industries today announced financial results for its first fiscal quarter ended Oct. 31. “We are pleased with our performance…
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RV News
Electric Vehicle, RV Stocks Could Benefit as Interest Rate Worries Fade
The following is a stocks report from Seeking Alpha. Electric vehicle, RV and boating stocks rallied on Wednesday, Dec. 6,…
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RV News
Camping World Declares Cash Dividend
Camping World Holdings announced that its board of directors declared a regular cash dividend of $0.125 per share on the…
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RV News
Lazydays Cancels Rights Offering
Lazydays Holdings announced today that it has cancelled its previously announced rights offering of shares of the company’s common stock,…
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Interest Rates Held at 22-Year High
The U.S. Federal Reserve voted Wednesday to hold interest rates at a 22-year high for a second straight meeting, as…
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RV News
Lazydays Releases Q3 Financial Report
Lazydays reported financial results for the third quarter ended Sept. 30, with revenue decreasing to $280.7 million from the $333.8 million…
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RV News
Camping World Hits Used Vehicle Records in Q3 Report
Camping World Holdings reported results for the third quarter ended Sept. 30. Revenue was $1.7 billion, a decrease of $126.1…
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RV News
F&I Workshop to Spotlight Cash Customers at RVDA Con/Expo
Advisor Paul Sheldon of Protective Asset Protection will aim to help F&I managers overcome obstacles with customers who are set…
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RV News
Brown & Brown Named ‘Great Place To Work’, Best Workplace for Women
Brown & Brown, Inc. and its team of companies have been certified by Great Place To Work for the fifth…
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RV News
RVDA Workshop Spotlights Overlooked Benefits of Selling F&I
A pair of workshops offered by Shawn Moran, director of F&I RV training for BBDS, Brown & Brown Insurance, will…
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RV News
Brown & Brown Reveals Q3 Financials
Brown & Brown, Inc. today announced its unaudited financial results for the third quarter of 2023. Revenues for the third…
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RV News
KPA Acquires Fellow Compliance Company
KPA, a provider of EHS (Environmental Health, and Safety) and Sales F&I (Sales, Finance, and Insurance) solutions for dealerships, has…
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RV News
RVDA Con/Expo to Feature Cybercrime Workshop
Brad Stanek of The Stanek Group at Morgan Stanley will moderate a panel discussion at the upcoming RVDA Convention/Expo that…
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Features
Combating RECT With a DMS Solution
We all know RECT is a major focus for dealerships. Repair Event Cycle Time is the industry term for getting…
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RV News
RVIA Task Force Endorses Model Year Recommendation
Three years ago, the RV Industry Association’s board of directors approved a voluntary, recommended best practice on RV model year…
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Podcast
Ep. 69 – RVDA’s Phil Ingrassia Deals it Straight
The RV industry is, at its heart, about helping people have fun. For the vast majority of RV buyers, a…
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RV News
RVDA Con/Expo Hotel Rates End Oct. 10
Dealers and other interested attendees who have not yet booked rooms in Las Vegas for the 2023 RV Dealers Convention/Expo…
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RV News
Panel on Cash Flow Mgt. Slated for RVDA Con/Expo
A panel of finance management experts from Moss Adams will provide guidance on effective cash flow management and floorplan financing…
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RV News
RV PRO Unveils 40 Under 40 Class of 2023
RV PRO is proud to present the chosen honorees for its fourth annual 40 Under 40 recognition. Each year, 40…
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RV News
Full RVDA Con/Expo Schedule Now Available Online
A preliminary schedule of educational workshops, meetings and events during the 2023 RV Dealers Convention Expo on the event’s website. The…
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RV News
Increased F&I Profitability Slated at RVDA Con/Expo
RV industry veteran Jamison Carrier will help bring dealers increased profitability in their F&I departments with a workshop designed to…
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RV News
Education, Legislative News and Fun Made Up 43rd FRTVA Convention
The Florida RV Trade Association (FRVTA) held its 43rd convention earlier this month at the Marriott Harbor Beach Resort in…
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RV News
‘America’s Largest RV Show’ Draws Long Lines on Day One
Wednesday is Day One of what’s known as “America’s Largest RV Show” in Hershey, Pennsyvania. The 54th edition of the…
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RV News
Brown & Brown Insurance is Bronze Partner for RVDA Con/Expo
Brown & Brown Insurance is returning as a bronze partner for the 2023 RV Dealers Convention/Expo, to be held Nov.…
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RV News
Tom Kline: When Is a Dealership Like an Octopus?
Dealer consultant Tom Kline, owner of Better Vantage Point, reminds dealers that staying in compliance with federal, state and local…
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RV News
F&I Takes Center Stage at RVDA Con/Expo Workshop
As part of the F&I track during the 2023 RV Dealers Convention/Expo, a team from Priority One Financial Services, along…
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RV News
MBA Insurance Returns as a Bronze Partner for RVDA Con/Expo
The RV Dealer’s Association said MBA Insurance will continue as a bronze partner for the 2023 RV Dealers Convention/Expo. MBA…
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Interest Rates, Economic Uncertainties Create RV Industry Headwinds
RV shipments have been spiraling downward over the past year, but no one is pushing the panic button. Most believe…
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RV News
Winnebago Approves 15% Hike to Quarterly Cash Dividend
Winnebago Industries’ board of directors have approved a quarterly cash dividend of $0.31 per share, payable on Sept. 27, to common stockholders of…
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RV News
Portfolio Names New CEO
F&I and reinsurance company Portfolio has appointed Jeremy Lux as its new CEO, with former President and CEO Brent E.…
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RV News
David Spader to Present Two Workshops at RVDA Con/Expo
RV industry consultant David Spader will deliver a pair of workshops during the 2023 RV Dealers Convention/Expo in November, including…
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RV News
Results Are Available for 2022 Survey of Lenders’ Experiences
The Survey of Lenders’ Experiences details the results of the RV Industry Association’s nationwide survey of financial institutions concerning their…
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RV News
APCO Holdings Acquires Relentless Dealer Services
APCO Holdings, home to the EasyCare, National Auto Care, GWC Warranty and MemberCare brands, has announced that it recently acquired…
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RV News
Applications Now Accepted for Spader Leadership Program
The Mike Molino RV Learning Center has begun accepting applications for the 2024-2025 Duane Spader Leadership Development Scholarship. This scholarship…
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RV News
Priority One to Host Live Compliance Q&A
Priority One Financial Services is hosting a live online question-and-answer session with RV industry legal expert, Randy Henrick. The session…
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RV News
Brown & Brown Enters Agreement to Acquire New England MGA
J. Scott Penny, chief acquisitions officer of Brown & Brown, with Ralf H. “Goober” Schaarschmidt II and Todd Wood, owners…
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RV News
Brown & Brown Reports 2023 Q2 Financials
Brown & Brown reported revenues of $1,047.3 million for the second quarter of 2023, an increase of $207.6 million, or…
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Podcast
Ep. 64 – Chad Lyon: Keeping a Lens on the Industry
As head of the RV and marine division for Wells Fargo, Chad Lyon had a ringside seat to the chaos…
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RV News
Protective Asset Protection Program Endorsed by TRVA
F&I provider Protective Asset Protection said that its XtraRide service contract program has been endorsed by the Texas Recreational Vehicle…
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RV News
Finio Launches Credit Program for RV, Marine & Powersports
Irvine, California-based Finio has launched a credit aggregation platform for RV, marine, powersports, motorcycle, truck and other industries. The platform…
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RV News
Camping World’s Creditors Expand Credit Capabilities
In light of its rapid acquisition of dealerships, Camping World Holdings has entered into a first amendment to its existing…
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RV News
One Day Left to Register for RVIA Compliance Webinar
The RV Industry Association (RVIA) said that Friday, July 21, is the final day to register for the eighth annual…
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RV News
U.S. Bank, Rollick Launch RV and Boat Marketplace
U.S. Bank and Rollick have joined forces to provide U.S. Bank customers and dealerships with a streamlined RV and boat…
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RV News
Thor Motor Coach Unveils More 2024 Class A RV Changes
Thor Motor Coach announced updates to its model year 2024 Class A motorhome lineup. Prepare for the latest updates to…
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RV News
Nearly Two Dozen Vendor Training +Plus Sessions Slated for RVDA Con/Expo
The Vendor Training +Plus schedule is taking shape for the 2023 RV Dealers Convention/Expo. More than 20 of the sessions…
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Features
Are You a Great Manager? Rate Yourself on These 10 Indicators
Great management skills are more important than ever in today’s tight labor market. Businesses large and small need to take…
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RV News
Two Named as Brown & Brown Board Members
Legal firm Brown & Brown announced that Paul J. Krump and Bronislaw (Bronek) E. Masojada have been named to Brown…
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RV News
Ironhorse Funding Expands Into RV Financing & Refinancing
Massachusetts-based Ironhorse Funding, a provider of financing solutions to motorcycle and powersports enthusiasts and dealers, said it will be expanding…
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RV News
Market Conditions Dent Winnebago’s Revenue, Income
Winnebago Industries marks the recent close in its third quarter of fiscal 2023 with a drop in both revenue and…
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RV News
Half-Day Leadership Course Set for RVDA Con/Expo
At this year’s RV Dealers Association (RVDA) Convention/Expo in Las Vegas in November, leadership development consultant David Spader will present…
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RV News
Meyer Distributing Announces New Washington Location
Meyer Distributing has added a Bellingham, Washington cross-dock. The cross-dock will have a direct feed from Meyer’s Hermiston, Oregon, distribution…
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Features
Keystone RV Delivers an Office With a View
Remote work isn’t going anywhere. A monthly survey by Stanford University found that 27% of full-time paid workers are fully…
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RV News
Camping World Acquiring Hitch RV’s Three Locations
Camping World Holdings announced its acquisition of Hitch RV, with locations in Delaware, Pennsylvania and New Jersey. It is anticipated…
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RV News
Go RVing Releases Annual Report
Go RVing, the consumer-facing voice of the RV industry with a mission to inspire potential RVers, has released its 2022…
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RV News
Motility Returns as RVDA Con/Expo Silver Sponsor
Motility Software Solutions will return as a silver partner for the 2023 RV Dealers Convention/Expo, which is Nov. 6-10 at…
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