Coburg NewsLocal news for Coburg, OR continually updated from thousands of sources on the web.Depressed Market Signals 1Q Loss for Monaco- April 29, 2008 "However, it now appears likely that the Class A market decline will be more significant than originally anticipated, and Class A retail sales are expected to decline for the fourth straight year." Monaco Coach Corp. reported a first-quarter net loss as depressed motorhome and towable sales will prompt further corporatewide cutbacks to keep production levels in line with demand. via RV Businesshttp://www.topix.net/city/coburg-or/2008/04/depressed-market-signals-1q-loss-for-monaco?fr... Monaco Coach slashes 600 jobs- April 27, 2008 "Our production levels were a little bit high compared to where the market has been and where the market is going" Portland Business Journal - by Erik Siemers Business Journal staff writer Monaco Coach Corp. via The Business Journal of Portlandhttp://www.topix.net/city/coburg-or/2008/04/monaco-coach-slashes-600-jobs?fromrss=1 RV maker cuts 300 jobs- April 25, 2008 "Plummeting consumer confidence, driving consumers to delay their purchases of new RVs, and a difficult consumer lending environment directly impacted Monaco Coach Corporation's first quarter results and sales industry-wide" Monaco Coach cut about 300 jobs April 25 following the fourth year of declining sales. via KCBY-TV Coos Bayhttp://www.topix.net/city/coburg-or/2008/04/rv-maker-cuts-300-jobs?fromrss=1 |