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As 2010 comes to a close,
RVDA would like to wish its members, partners, and other industry professionals a safe and happy holiday season. As we reflect on the past year for the industry, we would like to provide RVDA NewsBrief readers with a look at some of the most important stories of the year. The news brief will resume publication January 5, 2011.
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RVDA celebrates 40th anniversary of serving the nation's RV dealers
RVDA
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RVDA celebrated its 40th anniversary of serving RV dealers in 2010. To mark this important milestone, the association developed a video and published special sections in RV Executive Today magazine featuring photos of the
events and people that shaped RVDA’s first four decades. The association was incorporated as a not-for-profit association in July, 1970. It held its first Congress and Symposium during the 1970 Louisville Show, attracting 300 dealer representatives.
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Wall Street reform law exempts RV dealers from regulation by Consumer Finance Protection Bureau
RVDA
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The Wall Street Reform and Consumer Protection Act, signed into law by President Obama on July 21, exempts RV, boat, and auto dealers from additional regulation by the newly-created Consumer Financial
Protection Bureau.
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RV industry rebounding, led by smaller trailers
The Associated Press via ABC News
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From Dec. 8, 2010: American families are ready to hitch up their trailers and tow the RV industry out of its worst stretch in nearly two decades. RV
makers such as Winnebago are starting to turn profits and have begun to hire. And dealers are ordering more RVs for their showrooms. This year, shipments of RVs ranging from entry-level pop-ups to spacious motorhomes are expected to hit their highest level since 2007, when the economic downturn began. The upswing is a sign that somewhat looser credit, stable fuel prices, and improved consumer confidence are inspiring Americans to buy more RVs.
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RVDA presents Quality Circle Awards for DSI performance
RVDA
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From Dec. 1, 2010: RVDA honored 25 RV brands built by 12 manufacturers with its Quality Circle Award just prior to the opening of the National RV Trade Show in Louisville, KY, on Nov. 29 at a special members’ reception. The award recognizes top performers in the association’s annual Dealer Satisfaction Index survey.
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Go RVing Leads-Plus program to deliver more
qualified leads
RVDA
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From Dec. 8, 2010: To increase the value of Go RVing advertising leads to dealers and help users generate more sales, Go RVing has developed a new leads
prioritization system. The Leads-Plus Program, launching in 2011, will deliver more highly qualified leads categorized by RV purchase likelihood, helping dealers, campgrounds, and manufacturers follow up more efficiently and effectively.
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New law extends SBA loan programs, small business tax provisions
RVDA
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From Sept. 28, 2010: President Barack Obama signed into law the Small Business Jobs Act, which increases the limits on SBA guaranteed 7(a) loans from $2 million to as much as $5 million.
The act will jump-start the SBA's year-old dealer floor plan financing program (DFP), which has struggled to attract participation from lenders and was set to expire at the end of this month. RVDA and its allies successfully petitioned for a three-year extension of the program and for the higher loan limits.
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Seven things to know about trends in the RV world
Victoria Advocate
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From Jan. 20, 2010: Bob and Donna Purdy meandered through the Victoria Community Center, past RVs that boasted everything from outdoor kitchens to bunk beds and flat-screen TVs. With the South
Texas RV Show in full swing last weekend, giving current and potential owners a look at what's new in the RV world, the Victoria Advocate provided readers with seven current trends in RVing.
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Rising motorhome sales as younger generation flocks to RV lifestyle
All Headline News
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From Jan. 13, 2010: Sales of RVs from October 2008 to October 2009 rose 23 percent and an economist predicted a 27 rise in sales for this year. Recreational Vehicle Industry Association (RVIA)
president Richard Coon said Tuesday that the October-to-October sales of 16,600 units may total 159,500 wholesale units for 2009.
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