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Old 03-10-2009, 11:11 AM   #1
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Looks like we aren't the only ones!

Looks like National RV will not be alone! I read today that Monaco and Fleetwood filed for bankurptcy. It's sad to see what is happing to the RV Industry.:(

Thanks,
John
Fleetwood files for bankruptcy; to close a unit


(March 10, 2009) Fleetwood Enterprises Inc. a maker of recreational vehicles and manufactured housing, has filed for bankruptcy and will close its travel trailer business.



www.reuters.com
New York - Fleetwood Enterprises Inc. a maker of recreational vehicles and manufactured housing, has filed for bankruptcy and will close its travel trailer business, the company said on Tuesday.
Fleetwood, which filed for Chapter 11 bankruptcy protection in California, will seek a buyer for its motor home and manufactured housing units and will continue to operate those businesses during the search process, the company said.
International operations are not included in the bankruptcy filing.
Fleetwood, hit by successive waves of higher fuel prices and a recession that has cut sales of its vehicles, has been trying to restructure its operations for three years.
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Old 03-10-2009, 09:35 PM   #2
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John, we used the NRV service center in Perris for all coach related repairs. When the company went BK in 2007 it took me about 8 months to get over the loss. Now I feel fine and don't have any problems using local service facilities.

I imagine lots of folks will be experiencing the same feeling.

Lots of members don't like extended service contracts, however they surely will be saving a lot of "Hind Quarters" down the road.

Fred
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Old 03-11-2009, 05:17 PM   #3
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National may have been the first but they were definitely not the last...
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Old 03-14-2009, 09:32 PM   #4
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Affinity Group has been named in the list of companies that will probably not make it through the year without filing bankruptcy. Doesn't surprise me the way they stuck their hand into every thing.
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