The top executive of Navistar, the parent company of Monaco RV, predicted a bright future for the RV business at the Reuters Manufacturing and Transportation Summit in Chicago on May 11, according to a report by Reuters.
Daniel Ustian was quoted as saying that Monaco RV, which bought the assets of bankrupt Monaco Coach Corporation last year, is already at a break-even level and could triple in size to become a $1.5 billion a year business when the RV market recovers from the recession. Ustian also said he saw opportunities for the RV market in China. Earlier this year, Monaco RV announced plans to export its Montclair Class B-plus motorhome to China.
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