Trouble at Hymer?
Hymer problems It looks like Thor dodged a bullet as Hymer discloses "problems". It's never a good sign when forensic accountants get involved.
Forum Discussion
NoVa RT wrote:
Best case scenario would seem to be a well-funded buyer or Hymer itself reopening Roadtrek without too much delay, but the website being completely taken down has me wondering if this might be the end of the Roadtrek brand. I'm not expecting to sell or trade anytime soon, but I assume an "orphan brand" that is no longer manufactured loses some value. Tough time for those in the middle of transactions or in need of factory support.
The Hymer family wants out of the RV business and sold their flagship operation in Europe. I think it is a very safe assumption that they have less than zero interest in pumping tons of cash to run a business in Canada that would be unable to use their name brand, which is now owned by Thor.
The websites have changed their message to "under construction" theoretically for a new buyer.
We ran a thread of new names for our rigs, and mine became "Little Orphan VANnie." But more seriously, if RT is no more, I suspect that the drop in value will be short term just because of the scarcity of Class B's which have been selling very well the last few years; and with the younger people getting into the lifestyle, the value will recover. Barring a major recession...
