The problem with RVs isn't the RVs


12»»

The problem with RVs isn't the RVs Expand / Collapse
Author
Message
Posted 12/7/2008 2:18:26 AM
Forum Newbie

Forum NewbieForum NewbieForum NewbieForum NewbieForum NewbieForum NewbieForum NewbieForum Newbie

Group: Administrators
Last Login: 8/14/2007 2:51:08 PM
Posts: 2,
Post ID: 56203
12/7/2008 12:00:00 AM

Let's discuss 'The problem with RVs isn't the RVs'.

Veterans of the recreational vehicle industry are quick to explain downturns are just part of the business and do not indicate any major or long-term problem with the product, executive management or the consumer appeal of the lifestyle.

-from
the Truth
Click here to view the story
....
Posted 12/7/2008 8:44:42 AM
Contributor

ContributorContributorContributorContributorContributorContributorContributorContributor

Group: Forum Members
Last Login: 11/17/2007 4:53:57 AM
Posts: 119,
Post ID: 56222
Got it.  Everything is fine.  And Notre Dame is still in the hunt for a national football championship too!  That's some mighty fine koolaid being chugged!
....
Posted 12/7/2008 9:10:01 AM


Supreme Being

Supreme BeingSupreme BeingSupreme BeingSupreme BeingSupreme BeingSupreme BeingSupreme BeingSupreme Being

Group: Forum Members
Last Login: 8/2/2007 7:08:48 AM
Posts: 3,597,
Post ID: 56225
Well great!  Nothing left to do now but build all those new roads for all the high gas milage, light weight new RV's.  Sales will be booming and no one has to upgrade their education to get better sustainable jobs for Elkhart County.

"I think I have wasted an hour of your time and I apologize for that". Glen Beck
....
Posted 12/7/2008 10:55:38 AM
Supreme Being

Supreme BeingSupreme BeingSupreme BeingSupreme BeingSupreme BeingSupreme BeingSupreme BeingSupreme Being

Group: Forum Members
Last Login: 8/30/2007 10:41:22 AM
Posts: 2,966,
Post ID: 56252
Brian Brady, Pres. and CEO of Heartland RV probably sums it up best as to today's reality...

"Whether I think it's healthy or not, the fact of the matter is, that is what it is. And I suspect when we look at future production numbers that RVIA supplies, we're probably going to see a migration of more unit production out of Elkhart County."

Elvie Frey of SunnyBrook RV, also portrays a realistic point often times missed or looked over based on good times / bad times... "I think one of the things that will happen out of this economic downturn is we'll again look at other options," Frey said. "I think it will help the whole local economy the more we become diverse and look at doing things beyond what we're accustomed to."

Clearly, what both men are telling us is we need to be focused on the future, and not expect to see again what we have seen in the past here in Elkhart County.

It is time for some of the movers and shakers of the past, and current who have remained to re-awake this giant (Elkhart County), along with new blood and plow this county into the 21st century, while maintaining a solid blue collar base. Working both ends of the labor market is crucial.

Frey, Pres. and CEO at SunnyBrook makes a very important observation, the relocation of Bayer and Whitehall played very much into the RV boom days.

What will be Elkhart County's next shacker businesses? Will they be locally owned with a commitment to stay, or will they once again be locally born, only to out-grow or community? Our community leaders, elected officials must become more long term focused.

I am conviced we have in place some of these leaders already, the problem I see is not everybody is on-board, some are too entrenched in the past, and comfortable with their status.

An old timer in the RV bussiness once told me, never take a glass coffee cup with you to work as it shows too much comfort, and he was right...

Barry Fox

BarryGFoxF@aol.com  

....
Posted 12/7/2008 10:20:57 PM
Guru-in-Training

Guru-in-TrainingGuru-in-TrainingGuru-in-TrainingGuru-in-TrainingGuru-in-TrainingGuru-in-TrainingGuru-in-TrainingGuru-in-Training

Group: Forum Members
Last Login: 8/9/2007 7:07:53 AM
Posts: 1,031,
Post ID: 56282
It seems very popular to suggest that the RV industry won't rebound to near the numbers we've seen the past five years. However, baby boomers retirees will increase through the next decade and that's the primary demographic for this industry. I read in the Goshen News last week that a new start up RV company just bought property in Middlebury. Also, recently introduced Class A motorhomes at the RV show in Louisville advertised 20 mpg!

A strong rebound is very possible but a few things must fall in place such as; a bailout of the Detroit 3 happens (motorized RV's almost exclusively use Detroit chassis'), the lending institutions free up some cash (RV dealers can't even get loans to cover floor plan interest right now - thus no wholesale activity), fuel prices must stay low until the economy is stabilized.

I'm not saying that this rebound would happen overnight, but based on the commentary I've read about the outlook of the RV industry, we may very well be pleasantly surprised.
....
Posted 12/8/2008 7:27:14 AM
Guru-in-Training

Guru-in-TrainingGuru-in-TrainingGuru-in-TrainingGuru-in-TrainingGuru-in-TrainingGuru-in-TrainingGuru-in-TrainingGuru-in-Training

Group: Forum Members
Last Login: 8/2/2007 8:13:34 AM
Posts: 922,
Post ID: 56295
I agree with the fact that it is not the RV that is the problem.  The banking institutions have flooded the market with credit cards and have encouraged so much spending and using credit in the past.  It was not uncommon to receive 2-3 or more credit card applications in the mail every day of the week in the past.  People just did what they were encouraged to do--SPEND MONEY.  Now that the tightening of the money has taken affect it is hard for people with good jobs and money in the bank to get loans for RV's, homes, or even cars because of the fact that they have too much credit card debit.  Never mind that all of their past bills were paid and there is no indication that they won't continue to pay their bills.  Why are they getting refusesd?  They have too large a credit cards balance--the very thing they were encouraged to use and do up to just a few months ago.  People need to stop being duped by the advertisers.  I wish it was the credit card companies that were having the problems of the "Big-Three" auto makers. 
....
Posted 12/8/2008 8:31:28 AM


Forum Newbie

Forum NewbieForum NewbieForum NewbieForum NewbieForum NewbieForum NewbieForum NewbieForum Newbie

Group: Forum Members
Last Login: 8/1/2007 4:01:43 PM
Posts: 37,
Post ID: 56299
Greed, That's what got us here. Banking wanting more, CEO's wanting more, the person with the credit card wanting more.  It all boils down to greed and not living within our means.  So now look at us, (OUR government) bailing out the failures.  Trying the same things ( open up for more loans ) and expecting different results. (Stable booming economy)  "When will we ever learn?"

Yvonne
....
Posted 12/8/2008 10:55:30 PM
Supreme Being

Supreme BeingSupreme BeingSupreme BeingSupreme BeingSupreme BeingSupreme BeingSupreme BeingSupreme Being

Group: Forum Members
Last Login: 8/30/2007 10:41:22 AM
Posts: 2,966,
Post ID: 56345
busybecca,

The RV industry will in fact rebound, just not as so many still envision it. Local impact in the industry has been shrunken over the years, a lot of money was made by some, which started attracting outside interest many years ago, and they bleed off of the industry to other areas of the country for many reasons.

The largest impact currently is the credit crunch, which in time will be resolved. I could sight many examples of early warning signs, that a shift was in the making and/or taking place long before the $4.00 fuel, and today’s current economic issues, plant after plant... The RV industry has been dealing with this for years. Money over the years has dulled the vision, and more importantly the willingness to discuss what was and is taking place.

Comfort, along with good salaries over the years has driven the need to relocate many operations. Some may even what to make comparisons to the automotive industry, when in fact there is no comparison. The RV industry would have been unionized years and years ago if cheap labor had been available, but it wasn’t.

A short perspective of which I speak, in the late 50's early 60's, people from KY, WV started arriving here in northern IN with coal mines shutting down, they took the dirty work in the foundries, and later moved into fiberglass, as native born Hoosiers moved up the food chain, then came the influx of Hispanics to fill the spots native KY and WV people had graduated out of, while all the time many of these new arrivals were becoming more educated (formally) then many native Hoosiers.

FarmerMike, a Yoder, I am sure with Amish roots, makes a very valid point with the education level of our valued hard working friends from the community. Work wise, ethic wise, not many could begin to hold a candle to many of these fine folks and their families. What FarmerMike is talking about is skill sets, not only for the Amish, but for every man and woman impacted by the turn of events in the county.

Let me just say this, Elkhart County is no longer the controlling RV Capitol of the World, or the United States... The shots of the industry are from outside Elkhart County.

The quicker people realize this, accept the facts as they are we will all be better off. I am sure I will be blasted by some, however it is time to move forward....

Barry Fox

BarryGFoxF@aol.com

....
Posted 12/9/2008 11:32:18 PM
Guru-in-Training

Guru-in-TrainingGuru-in-TrainingGuru-in-TrainingGuru-in-TrainingGuru-in-TrainingGuru-in-TrainingGuru-in-TrainingGuru-in-Training

Group: Forum Members
Last Login: 8/9/2007 7:07:53 AM
Posts: 1,031,
Post ID: 56495
Barry,

I know the RV industry has not shrunk in the past few years, based on RVIA numbers.

In 1989 the industry shipped 187,000 units.
1999, 321,000 units
2006, 390,000 units
2007, 353,000 units (first drop in 7 years)

Do you know that the local impact has shrunk or is this based on your perception? Seems you know this industry well. I read what you wrote about Pete Leigl a while back when Forest River purchased Coachman RV. I've heard things to the contrary of what you said about Pete, but there is no debating that he has made some great business decisions. Coachman fired him about 15 to 20 years ago... the irony...



....
Posted 12/10/2008 1:10:31 AM
Supreme Being

Supreme BeingSupreme BeingSupreme BeingSupreme BeingSupreme BeingSupreme BeingSupreme BeingSupreme Being

Group: Forum Members
Last Login: 8/30/2007 10:41:22 AM
Posts: 2,966,
Post ID: 56502
busybecca,

busybecca (12/9/2008)
Barry,

I know the RV industry has not shrunk in the past few years, based on RVIA numbers.

In 1989 the industry shipped 187,000 units.
1999, 321,000 units
2006, 390,000 units
2007, 353,000 units (first drop in 7 years)

Do you know that the local impact has shrunk or is this based on your perception? Seems you know this industry well. I read what you wrote about Pete Leigl a while back when Forest River purchased Coachman RV. I've heard things to the contrary of what you said about Pete, but there is no debating that he has made some great business decisions. Coachman fired him about 15 to 20 years ago... the irony...



busybecca,

Two things...

The numbers you quote are national, now look at Elkhart County numbers in relationship to the picture you are painting. At one time Elkhart County probably produced 80 to 90% of the RV product in years gone by. Today, depending on who's figures you choose to believe, it has been reduced to anywhere between 50 and 65% and continues to shrik in numbers.

As for firings, let go, forced out..., You won't find many sucessful people in this industry who hasn't been there, done that... It has been the nature of the beast.

You sight Liegl's Coachman years of past, yet fail to acknowledge Advantage, Cobra, Rockwood and the force out that created his hardened balls in the industry and the formation of Forest River... Yes many people tend to forget details and fail, as there are those who remember well and learn...

My postings here have been a bout understanding and learning from the past, and trying to move forward...

Some have learned, some will learn, and some will never learn as the majority of us tend to move forward and focus on the future. To look back is good, as long as it is done in proper prospective. It is easy to mix in national numbers here, but what we are talking about, and what people care about is Elkhart County...

Barry Fox

BarryGFoxF@aol.com   

....
« Prev Topic | Next Topic »

12»»