Winnebago suspends production

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Joined
Nov 14, 2019
Messages
694
Location
Orinda, CA
RV Year
2017
RV Make
Newmar
RV Model
Ventana 4002
RV Length
40’10
TOW/TOAD
2015 Jeep Trailhawk
Winnebago Industries Inc. (WGO) said Monday it will temporarily suspend most production activities at its facilities during the week of March 23 through April 12, in response to an "unforeseeable change in business circumstances" as a result of the COVID-19 pandemic. The recreational vehicle maker said it is providing base pay and benefits to affected employees for the first two weeks. Winnebago said its businesses will remain open and perform essential activities for its dealers and end customers. The stock, which is indicated about 5% higher in premarket trading, has tumbled 62.8% over the past month through Friday, while the Dow Jones Industrial Average (^DJI) has dropped 33.9%.
 

Jim

Joined
Dec 18, 2019
Messages
893
Location
North Carolina
RV Year
2009
RV Make
Tiffin
RV Model
Phaeton QTH
RV Length
40
TOW/TOAD
2016 Jeep Rubicon Hard Rock
Ouch! Spend $270 million and the next day (relatively speaking) the world gets hit with a pandemic. This is gonna hurt.
 
Joined
Dec 25, 2019
Messages
451
I am with you. Less than 30 days from pick up and now I am almost back to where I was at the last purchase, five years ago. This really hurts.
 
Joined
Nov 19, 2019
Messages
123
Location
Kansas
RV Year
2017
RV Make
Newmar
RV Model
Ventana LE
RV Length
40
TOW/TOAD
2020 Jeep Rubicon
So I guess that includes Newmar. We have a May 17th service appointment at the factory. I sure hope we back normal before then.
 
Joined
Nov 14, 2019
Messages
694
Location
Orinda, CA
RV Year
2017
RV Make
Newmar
RV Model
Ventana 4002
RV Length
40’10
TOW/TOAD
2015 Jeep Trailhawk
I confirmed Newmar service and other critical functions are still operating but production is suspended temporarily.
 
Joined
Nov 15, 2019
Messages
264
Location
SW Florida
RV Year
2017
RV Make
Newmar
RV Model
Ventana 4369
RV Length
43
TOW/TOAD
24' Enclosed (Mini & Harley)
I heard yesterday that the service center is also shutting down. Does anyone know if that is true?
 
Joined
Nov 9, 2019
Messages
282
Location
Rockville, Va.
RV Year
2020
RV Make
Newmar
RV Model
Canyon Star 3710
RV Length
38
TOW/TOAD
2017 Gmc Terrain & 2017 Chevrolet Colorado ZR-2
Read on a Facebook post that Newmar Service Facility is closing today at 12:00 noon.
 
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