Thor taking Tiffin ???

FloridaRosebud wrote:

larry cad wrote:

Dale.Traveling wrote:
Tiffin went to Thor with the idea rather than the other way around. I guess Tiffin made Thor an offer then couldn't refuse. Not sure how having both Tiffin and Entegra under the Thor umbrella will work.

If I understand correctly, a couple years ago Bob Tiffin retired and put his son(s) in charge. As might have been expected, quality and sales dropped off such that Bob apparently felt obligated to come back in. After a while of that, Thor buys Tiffin for a reported $3,000,000 so we can probably read between the lines. I say good for Bob, he earned it with hard work and customer care. Beyond that, caveat emptor for future buyers.

I think you dropped a couple of zeros....$300,000,000.

Al

I was thinking $3,000,000 was a little light.

larry cad wrote:

Dale.Traveling wrote:
Tiffin went to Thor with the idea rather than the other way around. I guess Tiffin made Thor an offer then couldn't refuse. Not sure how having both Tiffin and Entegra under the Thor umbrella will work.

If I understand correctly, a couple years ago Bob Tiffin retired and put his son(s) in charge. As might have been expected, quality and sales dropped off such that Bob apparently felt obligated to come back in. After a while of that, Thor buys Tiffin for a reported $3,000,000 so we can probably read between the lines. I say good for Bob, he earned it with hard work and customer care. Beyond that, caveat emptor for future buyers.

I think you dropped a couple of zeros....$300,000,000.

Al

Thor purchased Tiff about 3 months ago. So far, NOTHING has changed at Tiffin in how Tiffin and dealers operate. Bob Tiffin still has authority to give Authorizations for any repairs that his customers request, out of warranty or in warranty. Doug

way2roll wrote:

wildtoad wrote:
You would think that at some point Thor will reduce the number of brands and models they have to deal with considering all the associated costs. I suspect some long term contracts with their dealers are preventing the consolidation. Makes no sense for Winnebago for example to produce seemingly identical products such as Vista/Sunstar.

I would guess Entegra, Jayco, etc are all produced on the same line with different stickers - maybe different Caps and things to "separate" them aesthetically.

WRONG:B Jayco builds motorized and Towables and Entegra builds their various models in separate plants, but ON the same campus in Middlebury. The only "same" production line is for the higher line Entegra Class C's that as of 2 years ago were built on the same line and Plant as the Jayco class C's. They may still build on the same production line as Entegra/Jayco were in the process of building new production plants. They did not have a building for Entegra to build their Class C models at that time. Last, Entegra IS a Jayco line. They purchased the out of business Travel Supreme business records and incorporated that line into the "new" Entegra. Doug

I just found out that Entegra did get their Class C plant built and they now produce their Class C's in that plant. In Middlebury. We used to as a Jayco dealer do warranty work on the Class C Entegra's because the Entegra Local dealer that sold them refused to do the work. BUT, about 4 months ago Entegra told us to NOT do any warranty work as Entegra would not pay us. The customers have to go thru an Entegra dealer for warranty work now

wildtoad wrote:
You would think that at some point Thor will reduce the number of brands and models they have to deal with considering all the associated costs. I suspect some long term contracts with their dealers are preventing the consolidation. Makes no sense for Winnebago for example to produce seemingly identical products such as Vista/Sunstar.

I would guess Entegra, Jayco, etc are all produced on the same line with different stickers - maybe different Caps and things to "separate" them aesthetically.

You would think that at some point Thor will reduce the number of brands and models they have to deal with considering all the associated costs. I suspect some long term contracts with their dealers are preventing the consolidation. Makes no sense for Winnebago for example to produce seemingly identical products such as Vista/Sunstar.

Dale.Traveling wrote:
Tiffin went to Thor with the idea rather than the other way around. I guess Tiffin made Thor an offer then couldn't refuse. Not sure how having both Tiffin and Entegra under the Thor umbrella will work.

If I understand correctly, a couple years ago Bob Tiffin retired and put his son(s) in charge. As might have been expected, quality and sales dropped off such that Bob apparently felt obligated to come back in. After a while of that, Thor buys Tiffin for a reported $3,000,000 so we can probably read between the lines. I say good for Bob, he earned it with hard work and customer care. Beyond that, caveat emptor for future buyers.

Tiffin went to Thor with the idea rather than the other way around. I guess Tiffin made Thor an offer then couldn't refuse. Not sure how having both Tiffin and Entegra under the Thor umbrella will work.

Thor has become less of an RV company and more of an investment firm. They now own 1/3 of all RV brands and probably more in market share. They are in bed with CW. I've seen it mentioned on here that quality of purchased brands don't suffer. But history tells us that's not accurate. Damon, Entengra, Jayco and others have suffered in quality based on customer feedback. I expect the same for Tiffin. Shame. Winnie is following the same business model. Now they own Newmar, so the 2 top quality manufacturers have been gobbled up. While Winnie is a bit better in terms of quality I still doubt Newmar will be the same product as pre-buyout. Times like this I hope that good old fashioned capitalism will rise up and produce some decent quality start ups with prices that can compete with the majors. I have seen a few over the past 10 years that ultimately stumble. Majors are pricing them out and they can't compete.

rk911 wrote:
you read it right. thor is buying tiffin.

https://camperreport.com/thor-buys-tiffin-motorhomes/

Much discussed on here the deal went down almost 2 months ago