Representatives from the Recreation Vehicle Dealers Association (RVDA) of Canada were on Parliament Hill recently to highlight the need for a solution to the emerging credit crisis in the retail RV sector.
“Last year, we voiced our concerns about the unprecedented credit crisis. Our 420 dealer members reported the lack of floor plan financing as the biggest concern facing their businesses in 2009, and this trend is continuing in 2010,” says Kim Stone, RVDA of Canada Chairman of the Board. “This is extremely difficult to grasp, as more and more Canadians continue to move towards the affordable and flexible travel offered by RV ownership.”
The RVDA of Canada hopes to work with the government to find a credit solution.
“The RV industry recognizes recent measures taken by the Government of Canada to help alleviate the financial crisis,” says Stone. “However, a more targeted approach is needed to meet the specific needs of the RV industry.”