David Pitt, business writer with the Associated Press, reports that Winnebago Industries’ “second quarter profits fell nearly 67 percent as consumer confidence in the economy helped drag down sales of recreational vehicles.”
“High fuel prices hurt too. Filling up the tank of one of Winnebago’s largest motor homes would cost more than $400 at Thursday’s prices, about 47 percent more than a year ago, for example. It could cost about $244 to fill up a smaller one.”
Read more about how Winnebago officials are dealing with the downturn in an article published in the Monterey Herald: “Winnebago 2Q profit drops 67 pct.”
Photo: Ron and Colleen Colbach pass one Winnebago recreational vehicle as they head to look at a $223,000 model, left, at Motor Sportsland in Salt Lake City in this June 12, 2007 file photo. (AP Photo/Douglas C. Pizac, file)