Real gross domestic product (GDP) increased in 48 states and the District of Columbia in the fourth quarter of 2019, according to statistics released today by the U.S. Bureau of Economic Analysis.
The first wave of RV dealers to apply for forgivable SBA loans under the CARES Act’s Paycheck Protection Program have begun getting their checks.
The recently released RVIA 2019 Annual Report paints a picture of an industry continuing to thrive despite rumors of its imminent demise. The report makes a compelling case that the RV industry entered 2020 from a position of strength.
Dear Senator Gardner,
I wanted to write you about two issues related to the coronavirus that are certainly impacting people in Colorado as well as all areas of the United States.
The National Highway Traffic Safety Administration (NHTSA) has issued recalls for Newmar, Thor Motor Coach, Daimler Trucks North America and Daimler Vans North America.
While previous recessions have hit Elkhart hard, the RV capital might be uniquely positioned to weather the COVID-19 downturn better than other cities.
Cummins is temporarily closing four southern Indiana plants this week due to COVID-19-related disruptions. The news follows the Columbus, Indiana-based engine and generator manufacturer’s announcement of cuts to executive and employee pay.
Lazydays RV is reducing its workforce and taking other immediate actions in response to the COVID-19 crisis.
Winnebago Industries is reducing executive pay as a cost-saving measure in response to the COVID-19 outbreak.
A provision of the CARES Act temporarily increases the amount of interest expense businesses are allowed to deduct on tax returns, increasing the 30 percent limitation to 50 percent of taxable income for 2019 and 2020.
Eligible businesses can apply for Paycheck Protection Program small business loans to cover qualified payroll costs including rent, utilities and interest on mortgage and other debt obligations.
A free webinar today will give a dealer-focused view of new federal legislation enacted to deal with the COVID-19 outbreak. The Pennsylvania Automotive Association (PAA) is hosting the presentation specifically to help dealers make informed decisions.
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