Has Fleetwood Stopped Manufacturing Travel Trailers?
has fleetwood stopped production on trailer models and is this a shutdown or more permenant
Updated March 11, 2009
ANSWER Greetings Bunker thanks for submitting your question on our Ask An RV Question Page.
Yes unfortunately Fleetwood Enterprises has shut down their Travel Trailer Division. They have filed for Chapter 11 Bankruptcy and are looking for a buyer for their company. Fleetwood Enterprises is home based out of Riverside California and has been producing RVs for 59 years. It is now another victim of the poor economy in the US.
This does not mean that Fleetwood Enterprises is out of business. If they find a new source of funding they could end up making it through these tough economic times, however that is a big IF.
The RV Industry as whole has been hard hit by this rough economy and many RV manufacturers have declared bankruptcy and many more have closed their doors permanently. Check out this list we have of RV Manufacturers that have closed their doors permanently. What RV Manufacturers Are Out Of Business?
2009 has not been a good year for Fleetwood Enterprises, in January their stock was delisted by the New York Stock Exchange. The over the counter shares were worth 1 cent as of yesterday. This is very sad considering that Fleetwood Enterprises was part of the Fortune 500 for 28 years. Back in 1998 Fleetwood had over 21,000 employees and now they
are going to go below 3000 employees.
Let’s hope a Knight In Shining Armor with deep pockets steps in to save this once powerful RV manufacturer.
All we can say for sure is that the RV Industry is going to take many years to recover from this economic disaster. Until consumer confidence improves and people start buying RVs again, I am afraid that the remaining RV Manufacturers may suffer the same fate as Fleetwood. If anyone is waffling about purchasing an RV right now they should realize that this economic doom and gloom has created a discounted RV market that we may never see again. There are bargains galore on new RVs right now, read these two articles to find out more. Can I Get 50% Off The Price Of A New RV Right Now? and Is Now The Right Time To Buy An RV?
To stay up to date on everything that is happening in the RV Industry right now visit our RV Industry News Page.
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