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Prevost and the virus situation
In my former life my company did business with a lot of Transportation firms. Once I retired I did Long Haul driving every summer. I enjoy driving. As a businessman I always followed the transportation industry. That industry is usually a leading indicator of the economy. Trucker Radio on Sirius has a show on the weekends called transport topics. They discuss transportation in general including rail and ship. Sometimes it is boring. Yesterday they had a guest from the ABA. American Bus Association. His industry is decimated. They are not eligible for the big hand outs from Trump. Many of the Assoc. members are ma and pa charter companies. Many lease or sell Entertainment buses. He predicts that they cannot survive for very long. I started to think that this will also affect the bus mfrs. and converters Greyhound, Mega and a few others are still operating but the rest are out of business for now. They sure will not be buying any new units for awhile. Prevost may have deep pockets but Volvo’s truck business is also suffering. Prevost RV bus brokers must also be hurting. Perhaps the new high end units may sell but who is buying say 2008 Marathons right now? These markets will not turn around quickly. When the health scare is over the economy will still suck. Probably a big recession. Time will tell.
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