Posts Tagged ‘Navistar RV’

2012 Monaco Knight Motorhome

2012 Monaco Knight Motorhome

Navistar International Corp. officials said Wednesday (Feb. 14) they are looking into selling the company’s Navistar RV unit based in Wakarusa, Ind.

According to a report by WSBT-TV, South Bend, Navistar is in the preliminary stages of its effort to possibly sell the company. In a statement, Navistar representative Steve Schrier said:

“Navistar is conducting a comprehensive review of all of our non-core businesses — including our Navistar RV business — to evaluate their potential to drive long-term profitability and significantly improve our return on invested capital (ROIC).

“As a result of our ROIC analysis, Navistar is listening to offers for the sale of its RV business and the sale of the business is a possibility. However, we are still early on in that process and not accepted any offers at this time.”

Schrier added that Navistar is not in a position where it has to sell the RV portion of the company.

“We have a credible turnaround plan for the RV business under way and sufficient cash to continue funding operations, so we have the option to reject any offers that don’t have value,” Schrier told WSBT, emphasizing the company was not cash-strapped.

The company laid off 29 temporary workers in September. At that time, Schrier said that there were no plans to lay off any of the 500 permanent employees who work at the Wakarusa motorized manufacturing facility.

In 2008, Monaco Coach Corp. laid off nearly 1,500 people and filed for bankruptcy. Then Navistar bought Monaco Coach in 2009. When Navistar acquired Monaco, there were only 20 employees left.

In August 2011, Monaco decided to consolidate its Oregon factory with the factory in Wakarusa. That brought about 400 new jobs to Elkhart County. There are currently about 600 workers between the Elkhart and Wakarusa plants.

RV Camping FamilyGo RVing has joined forces with The Travel Channel to feature a family RV vacation in a fully-integrated episode of one of its most popular series, “Trip Flip,” RVIA announced today. The show will follow “professional fun-seeker” and travel expert Bert Kreischer and one family on a three-day RV vacation.

Starting its third season, Bert spontaneously selects a family and surprises them with an on-the-spot vacation offer. The show will travel to the Flagstaff/Grand Canyon area where the RV integration will allow the family to enjoy vacation activities in scenic locations while experiencing hassle-free travel with all the comforts of home. The episode will feature scenes both inside and out of the RV.

Responding to Go RVing’s request for vehicles, a lottery was held in early December where a Holiday Rambler Vacationer motorhome offered by Navistar RV was randomly chosen as the vehicle for the on-camera family to enjoy and explore in. The show will be shot in mid-March and will air as one episode of the Trip Flip 2013 season.

Additionally, Go RVing is sponsoring a Travel Channel national sweepstakes that will be promoted on-air and online with the grand prize being a family vacation in an RV rental.

SOURCE: RVIA press release

LISLE, Ill., Aug. 6, 2012 – Monaco RV, a manufacturer of motorized and towable recreational vehicles, today announced that it is changing its name to Navistar RV.

Monaco, Holiday Rambler and R-Vision brands will remain distinct and intact under the Navistar RV subsidiary of Navistar, Inc. “The integration of Navistar and Monaco RV has resulted in better products and higher efficiencies,” said Daniel Ustian, Navistar chairman, president and chief executive officer.

2012 Monaco Knight Motorhome

2012 Monaco Knight Motorhome

Navistar, Inc., producer of industry leading school buses, commercial trucks and defense vehicles, acquired Monaco RV in 2009. Monaco, Holiday Rambler and R-Vision have been part of the Navistar family of brands for the last three years. Since the acquisition, the company has streamlined operations and appointed a new executive management team. Navistar has also fully integrated the design, development, testing and validation of its RVs with the company’s commercial truck and bus product development organization.

The company maintains manufacturing operations for its R-Vision and Holiday Rambler towable units in Harrisburg, Ore., and Elkhart, Ind. The company’s Monaco and Holiday Rambler brand motorized RVs are produced in a fully integrated manufacturing facility located in Wakarusa, Ind., with powertrain, chassis and body assembly in one dedicated facility.

“Navistar brings more than 100 years of vehicle development and design experience to the Monaco, Holiday Rambler and R-Vision brands,” said William Osborne, president of Navistar RV. “With a foundation of Navistar’s business and design excellence, we’ll continue to produce some of the best recreational vehicles in the market.”

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