Wednesday, December 21, 2016

 

NEWMAR RECALL, WATER MAY LEAK INTO TURN SIGNAL MODULE

NHTSA Campaign Number: 16V848000
Manufacturer Newmar Corporation
Components EXTERIOR LIGHTING, ELECTRICAL SYSTEM
Potential Number of Units Affected 17
Summary
Newmar Corporation (Newmar) is recalling certain model year 2017 King Aire motorhomes manufactured January 22, 2016, to October 19, 2016. Water may leak into the turn signal module. If the module is wet while the headlights are on, the glass dash display may switch to the turn signal camera mode causing the dash to show the turn signal side camera view over the speedometer and RPM displays.
Remedy
Newmar will notify owners, and dealers will replace the defective module with a new module that is waterproof, free of charge. The recall began on December 16, 2017. Owners may contact Newmar customer service at 1-800-731-8300.
Notes
Owners may also contact the National Highway Traffic Safety Administration Vehicle Safety Hotline at 1-888-327-4236 (TTY 1-800-424-9153), or go to www.safercar.gov.
1 Affected Product 

Vehicle

MAKEMODELYEAR
 
NEWMARKING AIRE2017

 

FOREST RIVER RECALL FOR ALUMINUM LADDER HINGE

NHTSA Campaign Number: 16V828000
Manufacturer Forest River, Inc.FOREST
Components EQUIPMENT
Potential Number of Units Affected 2,859
Summary
Forest River, Inc. (Forest River) is recalling certain model year 2015-2017 FR3 motorhomes manufactured September 24, 2014, to May 12, 2016; 2015-2017 Prime Time Spartan toyhaulers manufactured June 10, 2014, to May 31, 2016; 2013-2016 Palomino Columbus toyhaulers manufactured October 4, 2012, to December 4, 2015; and 2015-2016 XLR Thunderbolt and Nitro toyhaulers manufactured May 23, 2014, to November 23, 2016. These vehicles were equipped with certain aluminum, black, ladders manufactured by Christianson Industries. The affected ladders have retractable hinges, each with a welded 'top hat' that can separate from the hinge.
Remedy
Forest River will notify owners, and dealers will install a remedy kit to correct the issue, free of charge. The recall is expected to begin January 6, 2017. Owners may contact Forest River customer service at 1-574-206-7600. Forest River's number for this recall is 51-11102016-0271.
Notes
Owners may also contact the National Highway Traffic Safety Administration Vehicle Safety Hotline at 1-888-327-4236 (TTY 1-800-424-9153), or go to www.safercar.gov.
12 Affected Products 

Vehicles

MAKEMODELYEAR
 
FOREST RIVERFR32015-2017
FOREST RIVERXLR2015-2016
PALOMINOCOLUMBUS2013-2016
PRIME TIMESPARTAN2015-2017

 

EL MONTE RV BEING ACQUIRED BY THL, A NEW ZEALAND BASED RV RENTAL COMPANY

New Zealand-Based THL Acquiring El Monte RV

  
December 21, 2016 by   
Tourism Holdings Ltd. (THL), an RV rental firm based in Auckland, New Zealand, will pay $65.3 million for Santa Fe Springs, Calif.-based El Monte RV to expand its operations in the world’s largest recreational vehicle market.
The Otago Daily Times reported that the acquisition, for an enterprise value of $93.5 million including transaction costs, will be funded through $82.2 million of debt from its existing lenders and through the issue of 3.4 million Tourism Holdings shares. The company will also invest $6 million in North American road travel app Roadtrippers USA, which will acquire its existing Geozone travel app business, and expand its online Mighway rental platform in the U.S. in the first quarter of calendar 2017.
For Tourism Holdings, the acquisition of El Monte will elevate it to the second-largest RV rental operator in North America behind rival Cruise America without increasing overall fleet numbers which could dent prices. El Monte allows Tourism Holdings to develop a broad-based RV rental and sales business in the U.S., similar to its New Zealand business, and its mix of international and domestic customers and older fleet is complementary to Tourism Holdings’ smaller and more premium Road Bear operation in the U.S.
“We are looking forward to combining fleet procurement, operating different rental brands and maximizing RV sales through both our traditional wholesale channels and the El Monte retail sites; a model we know,” said Tourism Holdings chief executive Grant Webster. “This is a much lower risk strategy than trying to grow to an equivalent market share from the Road Bear platform.”
Tourism Holdings estimates it will have a 28% share of the RV rental fleet market after the purchase, compared with Cruise America’s 52%. El Monte founder Ken Schork will retire after 46 years of leading the business.
The purchase will increase Tourism Holdings’ reach in the U.S. as the El Monte business operates in 11 locations, and has franchise operations in 15, compared with Road Bear’s seven locations. The company expects “significant” synergies in fleet and operations will be realized over the coming three years, it said.
Tourism Holdings said the purchase of El Monte means it is well positioned as the global leader in RV rentals, as it reorientates further towards the northern hemisphere.
“We are making the right steps to be truly global in our platform,” Tourism Holdings chair Rob Campbell said. “We still see opportunities in other operating markets, such as Europe, at the right time.”
The purchase of El Monte is due to settle on Jan. 6, and Tourism Holdings said the business will post a loss during the first six months, primarily due to the low season.

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