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May 26, 2009

TRUCKMAKERS' NEWS * USA - Motorcoach builder's assets sold to truck-maker

Eugene,OR,USA -The Delaware Register-Guard -May 23, 2009: -- Assets of an Oregon maker of motor homes have been sold to the maker of International heavy trucks... Navistar bought the assets of Monaco Coach in a sale ordered in U.S. Bankruptcy Court in Wilmington. Monaco was known for its bus-like recreational vehicles, although it produced various types of the RVs. Navistar's plans for the company were not disclosed... Monaco fell victim to a severe downturn in business brought on by soaring fuel prices and by the steep recession that followed...

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