Friday, November 17, 2006
NATIONAL RV 3RD QUARTER LOSS WIDENS
PERRIS, Calif. (AP) -- National R.V. Holdings Inc., a maker of recreational vehicles, said Friday its third-quarter loss widened as sales slipped, and the company had to repair defective motor homes.
National, which owns National RV and Country Coach, reported a loss of $7.1 million, or 68 cents per share, versus a year-ago loss of $5.9 million, or 57 cents per share.
Sales fell 15 percent to $92 million from $108.2 million last year, continuing a trend of lower sales in the overall RV market.
The company also was burdened by having to repair 74 motor homes affected by defective materials.
National, which owns National RV and Country Coach, reported a loss of $7.1 million, or 68 cents per share, versus a year-ago loss of $5.9 million, or 57 cents per share.
Sales fell 15 percent to $92 million from $108.2 million last year, continuing a trend of lower sales in the overall RV market.
The company also was burdened by having to repair 74 motor homes affected by defective materials.
WILL THERE BE LESS RV'S SHIPPED IN 2007?
CHICAGO, Nov 17 (Reuters) - U.S. recreational vehicle makers expect wholesale shipments to drop more than 11 percent in 2007, the head of the industry's trade association told Reuters on Friday.
In an interview, Richard Coon, the president of the Recreation Vehicle Industry Association, said manufacturers expect to ship 341,900 motorhomes and trailers in 2007, down from an expected 385,500 this year and 384,000 in 2005. The RVIA will release its forecast at an industry trade show later this month in Louisville, Kentucky.
Coon said the anticipated drop, while dramatic, reflected a return to normalcy after two years when the industry's results were artificially lifted by sales to the U.S. Federal Emergency Management Agency and other relief organizations responding to the hurricanes that slammed into the U.S. Gulf in 2005.
In an interview, Richard Coon, the president of the Recreation Vehicle Industry Association, said manufacturers expect to ship 341,900 motorhomes and trailers in 2007, down from an expected 385,500 this year and 384,000 in 2005. The RVIA will release its forecast at an industry trade show later this month in Louisville, Kentucky.
Coon said the anticipated drop, while dramatic, reflected a return to normalcy after two years when the industry's results were artificially lifted by sales to the U.S. Federal Emergency Management Agency and other relief organizations responding to the hurricanes that slammed into the U.S. Gulf in 2005.
WILL THERE BE LESS RV'S SHIPPED IN 2007?
CHICAGO, Nov 17 (Reuters) - U.S. recreational vehicle makers expect wholesale shipments to drop more than 11 percent in 2007, the head of the industry's trade association told Reuters on Friday.
In an interview, Richard Coon, the president of the Recreation Vehicle Industry Association, said manufacturers expect to ship 341,900 motorhomes and trailers in 2007, down from an expected 385,500 this year and 384,000 in 2005. The RVIA will release its forecast at an industry trade show later this month in Louisville, Kentucky.
Coon said the anticipated drop, while dramatic, reflected a return to normalcy after two years when the industry's results were artificially lifted by sales to the U.S. Federal Emergency Management Agency and other relief organizations responding to the hurricanes that slammed into the U.S. Gulf in 2005.
In an interview, Richard Coon, the president of the Recreation Vehicle Industry Association, said manufacturers expect to ship 341,900 motorhomes and trailers in 2007, down from an expected 385,500 this year and 384,000 in 2005. The RVIA will release its forecast at an industry trade show later this month in Louisville, Kentucky.
Coon said the anticipated drop, while dramatic, reflected a return to normalcy after two years when the industry's results were artificially lifted by sales to the U.S. Federal Emergency Management Agency and other relief organizations responding to the hurricanes that slammed into the U.S. Gulf in 2005.
Thursday, November 16, 2006
RECALL
Make / Models : Model/Build Years:
COACHMEN / COACHMEN 1997-2003
Manufacturer : COACHMEN RV COMPANY, LLC
NHTSA CAMPAIGN ID Number : 06V430000 Mfg's Report Date : NOV 01, 2006
Component: EQUIPMENT:RECREATIONAL VEHICLE
Potential Number Of Units Affected :
Summary:
ON CERTAIN RECREATIONAL VEHICLES BUILT WITH DOMETIC TWO-DOOR REFRIGERATORS, A FATIGUE CRACK MAY DEVELOP IN THE BOILER TUBE IN THE AREA OF THE WELD BETWEEN THE BOILER TUBE AND THE HEATER POCKET. A FATIGUE CRACK MAY RELEASE A SUFFICIENT AMOUNT OF PRESSURIZED COOLANT SOLUTION INTO AN AREA WHERE AN IGNITION SOURCE IS PRESENT.
Consequence:
THE RELEASE OF COOLANT UNDER CERTAIN CONDITIONS COULD IGNITE AND RESULT IN A FIRE.
Remedy:
COACHMEN IS WORKING WITH DOMETIC TO HAVE THESE REFRIGERATORS REPAIRED. THE MANUFACTURER HAS NOT YET SUBMITTED AN OWNER NOTIFICATION SCHEDULE FOR THIS CAMPAIGN. OWNERS MAY CONTACT COACHMEN AT 1-574-825-5821 OR DOMETIC AT 1-888-446-5157.
Notes:
CUSTOMERS MAY ALSO CONTACT THE NATIONAL HIGHWAY TRAFFIC SAFETY ADMINISTRATION’S VEHICLE SAFETY HOTLINE AT 1-888-327-4236 (TTY 1-800-424-9153), OR GO TO HTTP://WWW.SAFERCAR.GOV.
COACHMEN / COACHMEN 1997-2003
Manufacturer : COACHMEN RV COMPANY, LLC
NHTSA CAMPAIGN ID Number : 06V430000 Mfg's Report Date : NOV 01, 2006
Component: EQUIPMENT:RECREATIONAL VEHICLE
Potential Number Of Units Affected :
Summary:
ON CERTAIN RECREATIONAL VEHICLES BUILT WITH DOMETIC TWO-DOOR REFRIGERATORS, A FATIGUE CRACK MAY DEVELOP IN THE BOILER TUBE IN THE AREA OF THE WELD BETWEEN THE BOILER TUBE AND THE HEATER POCKET. A FATIGUE CRACK MAY RELEASE A SUFFICIENT AMOUNT OF PRESSURIZED COOLANT SOLUTION INTO AN AREA WHERE AN IGNITION SOURCE IS PRESENT.
Consequence:
THE RELEASE OF COOLANT UNDER CERTAIN CONDITIONS COULD IGNITE AND RESULT IN A FIRE.
Remedy:
COACHMEN IS WORKING WITH DOMETIC TO HAVE THESE REFRIGERATORS REPAIRED. THE MANUFACTURER HAS NOT YET SUBMITTED AN OWNER NOTIFICATION SCHEDULE FOR THIS CAMPAIGN. OWNERS MAY CONTACT COACHMEN AT 1-574-825-5821 OR DOMETIC AT 1-888-446-5157.
Notes:
CUSTOMERS MAY ALSO CONTACT THE NATIONAL HIGHWAY TRAFFIC SAFETY ADMINISTRATION’S VEHICLE SAFETY HOTLINE AT 1-888-327-4236 (TTY 1-800-424-9153), OR GO TO HTTP://WWW.SAFERCAR.GOV.
RECALL
Make / Models : Model/Build Years:
BEAVER / CONTESSA 2007
HOLIDAY RAMBLER / SCEPTER 2007
MONACO / CAMELOT 2007
Manufacturer : MONACO COACH CORPORATION
NHTSA CAMPAIGN ID Number : 06V429000 Mfg's Report Date : OCT 26, 2006
Component: EQUIPMENT:RECREATIONAL VEHICLE:LPG TANK ASSEMBLY
Potential Number Of Units Affected : 206
Summary:
ON CERTAIN CLASS A MOTOR HOMES, HEAT SHIELDS WERE NOT INSTALLED IN THE LP TANK BAY.
Consequence:
THE HEAT FROM THE HYDROHOT EXHAUST COULD PLACE EXCESSIVE TEMPERATURE ON THE EXTERIOR OF THE LP TANK AND RESULT IN UNEXPECTED VENTING OF LP GAS THROUGH THE LP TANK SAFETY RELIEF VALVE. LP GAS LEAKAGE IN THE PRESENCE OF AN IGNITION SOURCE COULD RESULT IN A FIRE.
Remedy:
DEALERS WILL INSTALL A HEAT SHIELD BETWEEN THE HYDROHOT EXHAUST AND THE LP TANK AT NO COST TO YOU. THE RECALL IS EXPECTED TO BEGIN DURING NOVEMBER 2006. OWNERS MAY CONTACT MONACO AT 1-800-685-6545.
Notes:
MONACO RECALL NO. R06036. CUSTOMERS MAY ALSO CONTACT THE NATIONAL HIGHWAY TRAFFIC SAFETY ADMINISTRATION’S VEHICLE SAFETY HOTLINE AT 1-888-327-4236 (TTY 1-800-424-9153), OR GO TO HTTP://WWW.SAFERCAR.GOV.
BEAVER / CONTESSA 2007
HOLIDAY RAMBLER / SCEPTER 2007
MONACO / CAMELOT 2007
Manufacturer : MONACO COACH CORPORATION
NHTSA CAMPAIGN ID Number : 06V429000 Mfg's Report Date : OCT 26, 2006
Component: EQUIPMENT:RECREATIONAL VEHICLE:LPG TANK ASSEMBLY
Potential Number Of Units Affected : 206
Summary:
ON CERTAIN CLASS A MOTOR HOMES, HEAT SHIELDS WERE NOT INSTALLED IN THE LP TANK BAY.
Consequence:
THE HEAT FROM THE HYDROHOT EXHAUST COULD PLACE EXCESSIVE TEMPERATURE ON THE EXTERIOR OF THE LP TANK AND RESULT IN UNEXPECTED VENTING OF LP GAS THROUGH THE LP TANK SAFETY RELIEF VALVE. LP GAS LEAKAGE IN THE PRESENCE OF AN IGNITION SOURCE COULD RESULT IN A FIRE.
Remedy:
DEALERS WILL INSTALL A HEAT SHIELD BETWEEN THE HYDROHOT EXHAUST AND THE LP TANK AT NO COST TO YOU. THE RECALL IS EXPECTED TO BEGIN DURING NOVEMBER 2006. OWNERS MAY CONTACT MONACO AT 1-800-685-6545.
Notes:
MONACO RECALL NO. R06036. CUSTOMERS MAY ALSO CONTACT THE NATIONAL HIGHWAY TRAFFIC SAFETY ADMINISTRATION’S VEHICLE SAFETY HOTLINE AT 1-888-327-4236 (TTY 1-800-424-9153), OR GO TO HTTP://WWW.SAFERCAR.GOV.
RECALL
Make / Models : Model/Build Years:
BEAVER / MARQUIS 2006
BEAVER / MONTEREY 2005
BEAVER / PATRIOT 2006
Manufacturer : MONACO COACH CORPORATION
NHTSA CAMPAIGN ID Number : 06V426000 Mfg's Report Date : OCT 26, 2006
Component: STEERING
Potential Number Of Units Affected : 47
Summary:
ON CERTAIN MOTOR HOMES, AN IMPROPER NUT AND BOLT COMBINATION WAS USED TO CLAMP THE INTERMEDIATE SHAFT ONTO THE STEERING SHAFT. WITHOUT THE PROPER NUT AND BOLT COMBINATION, THE NUT CAN LOOSEN PREMATURELY AND ALLOW THE BOLT TO COME OUT WHICH COULD ALLOW THE INTERMEDIATE SHAFT TO BECOME DISCONNECTED FROM THE STEERING COLUMN SHAFT.
Consequence:
LOSS OF STEERING CONTROL COULD OCCUR, INCREASING THE RISK OF A CRASH.
Remedy:
DEALERS WILL INSPECT THE NUT AND BOLT COMBINATION. IF THE IMPROPER COMBINATION IS INSTALLED, DEALERS WILL REPLACE IT WITH A NEW NUT AND BOLT. IF THE COMBINATION IS CORRECT, DEALERS WILL RE-TORQUE THE EXISTING COMBINATION. THE RECALL IS EXPECTED TO BEGIN DURING NOVEMBER 2006. OWNERS MAY CONTACT MONACO AT 1-800--685-6545.
Notes:
MONACO RECALL NO. R06025. CUSTOMERS MAY ALSO CONTACT THE NATIONAL HIGHWAY TRAFFIC SAFETY ADMINISTRATION’S VEHICLE SAFETY HOTLINE AT 1-888-327-4236 (TTY 1-800-424-9153), OR GO TO HTTP://WWW.SAFERCAR.GOV.
BEAVER / MARQUIS 2006
BEAVER / MONTEREY 2005
BEAVER / PATRIOT 2006
Manufacturer : MONACO COACH CORPORATION
NHTSA CAMPAIGN ID Number : 06V426000 Mfg's Report Date : OCT 26, 2006
Component: STEERING
Potential Number Of Units Affected : 47
Summary:
ON CERTAIN MOTOR HOMES, AN IMPROPER NUT AND BOLT COMBINATION WAS USED TO CLAMP THE INTERMEDIATE SHAFT ONTO THE STEERING SHAFT. WITHOUT THE PROPER NUT AND BOLT COMBINATION, THE NUT CAN LOOSEN PREMATURELY AND ALLOW THE BOLT TO COME OUT WHICH COULD ALLOW THE INTERMEDIATE SHAFT TO BECOME DISCONNECTED FROM THE STEERING COLUMN SHAFT.
Consequence:
LOSS OF STEERING CONTROL COULD OCCUR, INCREASING THE RISK OF A CRASH.
Remedy:
DEALERS WILL INSPECT THE NUT AND BOLT COMBINATION. IF THE IMPROPER COMBINATION IS INSTALLED, DEALERS WILL REPLACE IT WITH A NEW NUT AND BOLT. IF THE COMBINATION IS CORRECT, DEALERS WILL RE-TORQUE THE EXISTING COMBINATION. THE RECALL IS EXPECTED TO BEGIN DURING NOVEMBER 2006. OWNERS MAY CONTACT MONACO AT 1-800--685-6545.
Notes:
MONACO RECALL NO. R06025. CUSTOMERS MAY ALSO CONTACT THE NATIONAL HIGHWAY TRAFFIC SAFETY ADMINISTRATION’S VEHICLE SAFETY HOTLINE AT 1-888-327-4236 (TTY 1-800-424-9153), OR GO TO HTTP://WWW.SAFERCAR.GOV.
