Posts Tagged ‘Coach-Net’

New Winnebago Travel Trailers & Fifth Wheels

New Winnebago Travel Trailers & Fifth Wheels

Winnebago Industries Inc. today (May 13) announced a new 24/7 Premium Roadside Assistance Program for the company’s towable RVs.

Beginning on the new 2014 Winnebago and SunnyBrook model vehicles now being introduced, Winnebago Industries Towables will provide every new towable owner with a complimentary one-year membership in the 24/7 Premium Roadside Assistance program that covers such items as lock-out service, fuel delivery and flat tire changes for their RV, according to a news release.

Backed by Coach-Net, a North American roadside assistance service provider network, even their tow vehicle is covered when towing a Winnebago or SunnyBrook travel trailer or fifth-wheel.

The evolution of the company formerly known as Affinity Group Inc. (AGI) continues.

The name of the company was changed on May 2 to Good Sam Enterprises LLC, and today during a conference call to bondholders, CEO Marcus Lemonis offered the public a new description of the company.

He said the company could best be described as “a financial services company that has some clubs and magazines as marketing tools.”

“Roadside assistance is the No. 1 service offered by the company today. Roadside assistance has become the product of the day,” he explained.

Good Sam offers road assistance to nearly 500,000 RV, car and truck customers and is close to announcing major private label insurance programs with Flying J (400,000 in its database) and NASCAR (72 million fans nationwide) and is in negotiations on establishing similar programs with leading RV builders Thor Industries Inc. and Winnebago Industries Inc., Lemonis said.

In preparation for the expected membership increase, Good Sam previously announced it has hired senior industry executive Ed Thor as vice president of business development. Thor joins the company after serving for more than 10 years with Coach-Net, a roadside assistance company focused on serving the manufacturers and dealers.

The swing toward the financial services emphasis would be a major redirection for the company which had been best known in recent years for its magazines and club member services.

Lemonis was named CEO less than a year ago but since that time, the company has disposed of six or seven businesses (primarily magazines) deemed not in the core focus.

In its quarterly report filed on Thursday (Nov. 10), the company reported revenues of $128.6 million for the third quarter of 2011 increased by $4.0 million, or 3.2%, from the comparable period in 2010.

Net income in the third quarter of 2011 was $2.0 million compared to $1.8 million for the same period in 2010.

For the nine months, revenues were $362.3 million, an increase of $0.6 million, or 0.2%, from the comparable period in 2010. Net income during the nine-month period was $4.6 million compared to a net loss of $6.2 million for the same period in 2010.

“We feel very good where our business is at today,” Lemonis said.

He said getting the company’s sales, general and administrative costs down has been a primary focus this year. Approximately 100 employees were let go this year from the organization, and Lemonis anticipates no more than a dozen or 15 additional layoffs systemwide.

He noted that the company incurred in the third quarter health insurance costs totaling $600,000 above the third quarter in 2010.

The company also has incurred severance costs this year as well as costs associated with the businesses it sold, he added.

Lemonis concluded saying he would be visiting with investors in California and New York in the coming weeks to expand upon certain details contained in the company’s financial report.

The company intends to make a replay of the conference call available through Nov. 23. The replay may be accessed by logging onto: http://earningscall.goodsamfamily.com/3Qearningscall.mp3

Topeka, Indiana based CrossRoads RV has redefined its Cruiser product line by adding the Sahara fifth-wheel and redesigning its Cruiser fifth-wheels and travel trailers with many new innovative features.

The new Sahara fifth-wheel boasts new floorplans and a bold exterior that features infused champagne exterior sidewalls and cappuccino-colored aerodynamic front cap.

CrossRoads RV Sahara fifth wheel

CrossRoads RV Sahara fifth wheel

Nicely appointed with a MSRP around $34,879, these all-aluminum framed units are equipped with many standard features that other RV manufacturers offer only as options. Full exterior body color, flush-floor bedrooms, Intelli-Jacks auto leveling system, 16-inch aluminum wheels, solid-surface counter tops, and slam-latch luggage doors come standard in each model.

The company said that Cruiser fifth-wheels have been re-engineered to create a more “home-like appearance.” In addition, a tandem tow option includes a two-inch receiver built right into the frame, allowing for triple towing.

Travel trailer models range from 31- to 34-feet and weigh 6,000 to 7,500 pounds while fifth-wheel models range from 27- to 31-feet and weigh 6,800 to 7,800 pounds. Cruiser MSRP’s starts at $32,000.

The Cruiser Patriot and Provincial lines are also equipped with a many standard features that are normally offered only as options or not available at all on other brands. Cruiser Patriot and Provincial models include the following features: pillow-top mattress, solid-surface counter tops, high-gloss gel coat exterior, tinted safety glass windows, Equa-Flex suspension, Rota-Flex pin box and electric rear jacks. The Cruiser Patriot and Provincial come in seven floor plans, ranging from 30- to 34-feet and weighing 8,500 to 9,700 pounds. Starting MSRP for the Cruiser Patriot and Provincial is $37,500.

“As CrossRoads RV’s flagship product, Cruiser has always brought unmatched craftsmanship and functionality to their customers. Our ongoing collaboration with dealers and retail customers has brought a whole new sense of style to the entire Cruiser line,” explained National Sales Manager Rudy Boals.

All Cruiser products are covered by CrossRoads RV’s 2 + 5 year warranty that protects against defects in materials and workmanship for two years from delivery date and a five year structural guarantee against floor, walls, and roof defects. Also included is a one-year free membership in Coach-Net that provides 24 hours, seven day a week roadside assistance throughout the United States and Canada.

More information on the Cruiser product line can be obtained online at www.crossroadsrv.com or by calling 888-226-7496.

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