Monaco Quitting Towables Market
http://www.wsbt.com/news/local/monaco-facility-in-elkhart-closing-its-doors/24388984 Allied Specialty Vehicles is shutting down their Monaco and Holiday Rambler towable RV business. I don't beli...
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“Whether they have one month left on their warranty, or 11 months, customers should know we intend to honor that warranty, and will reimburse dealers who work on their RVs,” said Draheim. “Dealers can still sell the units at retail prices knowing that any needed warranty work will be covered.
“That’s the type of company we are and the reputation we want to have in the market,” he added.
They have to be kidding… :B:B:B That’s funny when you consider everything… like…
Employees at the Elkhart plant were greeted by security guards who would not allow them in the plant or office. A representative from the human resources department was on hand to pass out letters alerting employees that the company was exiting the towable market and offering information on how terminated employees could collect unemployment benefits.
(no mention that any money owed to them was in the envelope…)
And
“It appears now that the company is more interested in shutting down the operation that it is in selling it to an interested buyer,”
“The product looked good, and people seemed to like what we had to sell,” one source said. “But, there was a lot of uncertainty about our company in the market, and that eventually lead to the closure.”
He said the confusion started years ago when Monaco declared bankruptcy and failed to honor their warranties. Then, Navistar acquired the firm and staff told nervous dealers that they had to wait to see what Navistar planned to do with the company. When ASR acquired the operation last year, the message changed to a wait-and-see what ASR will do.
As a result, dealers were reluctant to place many orders until more certainty was discerned.
And that reluctance will continue as the uncertainty will…
“That’s the type of company we are and the reputation we want to have in the market,” he added.
They have to be kidding… :B:B:B That’s funny when you consider everything… like…
Employees at the Elkhart plant were greeted by security guards who would not allow them in the plant or office. A representative from the human resources department was on hand to pass out letters alerting employees that the company was exiting the towable market and offering information on how terminated employees could collect unemployment benefits.
(no mention that any money owed to them was in the envelope…)
And
“It appears now that the company is more interested in shutting down the operation that it is in selling it to an interested buyer,”
“The product looked good, and people seemed to like what we had to sell,” one source said. “But, there was a lot of uncertainty about our company in the market, and that eventually lead to the closure.”
He said the confusion started years ago when Monaco declared bankruptcy and failed to honor their warranties. Then, Navistar acquired the firm and staff told nervous dealers that they had to wait to see what Navistar planned to do with the company. When ASR acquired the operation last year, the message changed to a wait-and-see what ASR will do.
As a result, dealers were reluctant to place many orders until more certainty was discerned.
And that reluctance will continue as the uncertainty will…
