Consumer Law

RV Makers in Tight Squeeze

By Kemnitzer, Anderson, Barron, Ogilvie & Brewer

RV manufacturers are experiencing drastic declines in sales and revenue. Buyers are scarce due to high gasoline prices and a poor housing market. RV manufacturer National RV went out of business in November 2007. Just in the last two months, Alfa Leisure, Western RV (Alpine), and Travel Supreme closed down.

On May 13, 2007, the Wall Street Journal reported that Fleetwood Enterprises, which has posted five years of losses, recently sold its Riverside, California, headquarters and is looking for buyers for other properties. Fleetwood's motor home shipments were down 27% from a year ago. Coachmen Industries' sales have declined 40% over the past three years.

Anyone owning a lemon RV manufactured by a defunct manufacturer is typically out of luck in terms of seeking damages.

Full post as published by Lemon Law Blog on May 13, 2008 (boomark / email).