Monaco Coach Corporation's New Entry-Level Towable RVs and 400 HP Diesels Are Big Hit With Dealers at Louisville RV Show
December 08 2004 - 6:15AM
PR Newswire (US)
Monaco Coach Corporation's New Entry-Level Towable RVs and 400 HP
Diesels Are Big Hit With Dealers at Louisville RV Show COBURG,
Ore., Dec. 8 /PRNewswire-FirstCall/ -- Monaco Coach Corporation
(NYSE:MNC), one of the nation's leading manufacturers of
recreational vehicles, reported an exceptional reception to its new
models at the 42nd annual Recreation Vehicle Industry Association's
National RV Trade Show held last week in Louisville, Kentucky.
(Logo: http://www.newscom.com/cgi-bin/prnh/19991018/MONACO)
Monaco's newest models include the entry-level priced Holiday
Rambler Savoy LE travel trailer and the McKenzie Starwood LE
fifth-wheel. Both models generated outstanding dealer response and
preliminary order activity at the show. "We went to the drawing
board to create two brand new entry-level towable RVs that deliver
the look and feel that have been associated with Monaco for many
years," reported Mike Snell, V.P. of Sales at Monaco. "The Savoy
and Starwood will allow our dealers to introduce customers to
Monaco products at extremely competitive price points and a
terrific value." In addition, several new floor plans stood out
among Monaco Coach Corporation's new products that were featured at
the Louisville show. Monaco also introduced to it's Diplomat and
Endeavor models a powerful new 400 horsepower Cummins (R) diesel
engine. "This was the best Louisville show for dealer attendance in
recent memory," said Kay Toolson, Monaco's C.E.O. "We view the
reception to our new products at this show as an endorsement of our
product development direction." Toolson added, "The '05 product
continues to be well-received by our dealer partners and RV
consumers, and the show appeared to be an extension of that
momentum." Monaco interviewed many of its dealers at the show in
relation to the franchise agreement concept that Monaco will offer
its dealers. "The reaction of our dealers on the progress we have
made developing our franchise concept was very encouraging," said
John Nepute, Monaco's President. "We will be including the input of
our dealer partners as we finalize the agreement, which we plan to
roll-out the first half of 2005." Headquartered in Coburg, Oregon,
with additional manufacturing facilities in Central Oregon and
Indiana, Monaco Coach Corporation is one of the nation's leading
manufacturers of recreational vehicles. The company offers
customers luxury recreational vehicle models under the Monaco,
Holiday Rambler, Safari, Beaver, McKenzie and Royale Coach brand
names. The statements above regarding the favorable response of
dealers to the Company's new products may be deemed forward-looking
statements are based on current information and expectations and
involve a number of risks and uncertainties. A number of factors
could cause actual results to differ materially from the future
sales that may be implied by these statements, including but not
limited to dealer and customer acceptance of the models, rising
interest rates, fuel availability and price, consumer confidence
and competitive product introductions. Please refer to the
Company's SEC reports, including but not limited to the most recent
Form 10-Q, the annual report on Form 10-K for 2003, and the 2003
Annual Report to Shareholders for additional factors. These filings
can be accessed over the Internet at http:www.sec.gov For more
information, please contact: Investor Relations, Craig Wanichek of
Monaco Coach Corporation, +1-541-686-8011, ; or Bevo Beaven, Vice
President, , or Bill Conboy, Sr. Account Executive, , both of CTA
Public Relations, +1-303-665-4200, for Monaco Coach Corporation.
http://www.newscom.com/cgi-bin/prnh/19991018/MONACO
http://photoarchive.ap.org/ DATASOURCE: Monaco Coach Corporation
CONTACT: Investor Relations, Craig Wanichek of Monaco Coach
Corporation, +1-541-686-8011, ; or Bevo Beaven, Vice President, ,
or Bill Conboy, Sr. Account Executive, , both of CTA Public
Relations, +1-303-665-4200, for Monaco Coach Corporation
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