Wednesday, December 10, 2008
RECALL: 2002-2008 COACHMAN: GLASS SHOWER DOORS
COACHMEN / ADRENALINE 2006-2008
COACHMEN / AURORA 2006
COACHMEN / CAPTIVA 2007
COACHMEN / CASCADE 2004-2006
COACHMEN / CATALINA 2004-2005
COACHMEN / CHAPARRAL 2005-2007
COACHMEN / CHEYENNE 2003-2004
COACHMEN / CONCORD 2004-2005
COACHMEN / CROSS COUNTRY 2003-2007
COACHMEN / CROSS COUNTRY ELITE 2003-2004
COACHMEN / CROSS COUNTRY SE 2005-2006
COACHMEN / FREEDOM 2005-2006
COACHMEN / FREELANDER 2004-2007
COACHMEN / FREEPORT 2003-2004
COACHMEN / LEPRECHAUN 2002-2007
COACHMEN / MIRADA 2004-2008
COACHMEN / SANTARA 2002-2006
COACHMEN / SOMERSET 2005
COACHMEN / SOMERSET DREAMCATCHER 2004
COACHMEN / SPIRIT OF AMERICA 2007
COACHMEN / SPORTSCOACH ELITE 2007-2008
COACHMEN / SPORTSCOACH ENCORE 2005-2008
COACHMEN / SPORTSCOACH LEGEND 2008
COACHMEN / SPORTSCOACH PATHFINDER 2007-2008
GEORGIE BOY / CRUISE AIR XL 2005-2006
GEORGIE BOY / CRUISE MASTER 2005-2006
GEORGIE BOY / LANDAU 2005-2007
GEORGIE BOY / MAVERICK 2006-2007
GEORGIE BOY / PURSUIT-MH 2007
SHASTA / CHEYENNE 2002
SHASTA / FREEPORT 2002
Manufacturer: COACHMEN RV COMPANY, LLC Mfr's Report Date: DEC 04, 2008
NHTSA CAMPAIGN ID Number: 08V639000 NHTSA Action Number: N/A
Component: EQUIPMENT:RECREATIONAL VEHICLE
Potential Number of Units Affected:
COACHMEN IS RECALLING CERTAIN MY 2002-2008 MOTOR HOMES, FIFTH WHEEL AND TRAVEL TRAILERS EQUIPPED WITH GLASS SHOWER DOORS AND MANUFACTURED FROM JUNE 15, 2001 THORUGH AUGUST 6, 2007. WHEN PRESSURE IS APPLIED TO THE TOWEL BAR ON THE GLASS SHOWER DOOR, THE EDGE OF THE BAR MAY CONTACT THE GLASS.
GLASS BREAKAGE MAY OCCUR WHICH COULD CAUSE PERSONAL INJURY.
OWNERS WILL BE PROVIDED WITH NEW MOUNTING HARDWARE FOR THE TOWEL BAR AND INSTALLATION INSTRUCTIONS. IF AN OWNER IS NOT COMFORTABLE REPLACING THE HARDWARE THEMSELVES, A DEALER WILL INSTALL THE HARDWARE AT NO COST TO THEM. THE MANUFACTURER HAS NOT YET PROVIDED AN OWNER NOTIFICATION SCHEDULE FOR THIS CAMPAIGN. OWNERS MAY CONTACT COACHMEN AT 1-574-825-5821.
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.
Monday, December 08, 2008
MORE ON FLEETWOOD
Matt Wrye, Staff Writer
Fleetwood Enterprises Inc.'s stock dropped to a new low last week: 12 cents per share.
The battered recreational vehicle maker based in Riverside showed off its electric-diesel hybrid RVs at the National RV Trade Show last week in Louisville, Ky., but it's going to take more than green technology breakthroughs to get this company back in the black.
Fleetwood said it can fund operations for the time being because of its secured line of credit and an operating plan, according to public documents filed Thursday.
The operating plan assumes the company can pay off certain debt with its common stock, maintain compliance with a secured credit line, and that Fleetwood's dealer network continues to receive wholesale floor-plan financing.
Investor confidence has eroded Fleetwood's market capitalization from hundreds of millions of dollars down to a mere $15 million.
As of November, the company had suffered more than eight consecutive years of losses totalling almost $900million. Sales were slashed in half during the quarter ending Oct. 26, dropping 54percent.
As a result, Fleetwood has laid off hundreds of workers at local plants and manufacturing operations nationwide.
The company announced in late November it will close eight plants in California, Florida, Georgia, Kentucky and North Carolina. Fleetwood executives could not be reached Friday for comment.
JAYCO MOVING ENTEGRA COACH (THE OLD TRAVEL SUPREME) PRODUCTION TO MIDDLEBURY
Jayco Corp. today announced that it is closing its Entegra Coach subsidiary in Wakarusa, Ind., and will relocate all production to the company’s headquarters in nearby Middlebury.
According to a press release, the closure will take place beginning in February and affect 134 employees. The news comes on the heels of Jayco’s Nov. 17 announcement that it would consolidate operations from its Topeka, Ind.-based Starcraft RV Inc. subsidiary to Middlebury.
“This action has been taken as a result of the cruel impact that negative economic conditions have had on the RV industry,” said Derald Bontrager, Jayco’s president and COO. “We sincerely regret the hardship it will place on the Entegra Coach employees and their families. But current recessionary conditions, characterized by a severe decline in the supply of credit at both the wholesale and retail level, have underscored the necessity for further efforts to reduce operating costs.
“It is fundamentally important that we continue to align production capacity with current marketplace circumstances.”
Jayco purchased certain of the assets of the former Travel Supreme Corp. in early 2008 and has manufactured Class A motorhomes and fifth-wheels in the 160,000-square-foot facility in Wakarusa.
Bontrager emphasized that the company will continue to build Entegra Coach products and the division will operate with a separate dealer organization and a separate sales and product development team. All other aspects of the Entegra Coach ongoing operations will be integrated into Jayco’s existing departments in Middlebury.
“The National RV Trade Show, which took place in Louisville last week, has given us cause for renewed optimism,” Bontrager said. “We have been gratified with the commitment that the dealers of all our brands have made to us. This gives us confidence that Jayco will continue to enjoy market share momentum. But we also understand that the current market for recreational vehicles is severely diminished and the recovery will require hard work and dedication.”