RVIA Economic Impact Study

The Recreation Vehicle Industry Association commissioned an Economic Impact Study on the RV industry, released on June 7, 2016. The study found that the RV industry contributes about $49.7 billion in economic output or 0.28 percent of the Gross Domestic Product. Through its production and distribution linkages, the industry impacts firms in 426 of the 440 sectors of the United States economy.

Nationwide, the industry is responsible for 216,170 jobs, both directly and inderectly, creating an economic impact of $37.5 billion. The full study results, along with each individual state and congressional district's economic impact is available on the website by clicking here .

Dometic Releases Clarification Statement on Class Action Suit

Tue Jul 12, 2016

146117015596589.pngIn view of the statements Hagens Berman has made regarding an alleged new class action complaint that has been filed against Dometic in the United States, the company has made the following clarification.

The class action complaint referred to by Hagens Berman, which was filed on July 8, 2016, is not a new complaint but rather an amended complaint; it was filed by the same law firm in the same court. The amended complaint adds two additional plaintiffs, who jointly own an RV, to the original five plaintiffs for a total of seven plaintiffs. Dometic filed a motion to dismiss the original complaint on June 17 and will file another motion to dismiss the amended complaint. Amended complaints are common and this one was not unexpected.

Another common part of the legal process is that competing law firms can file similar complaints. Another law firm filed a similar lawsuit against Dometic in the Southern District of Florida. This complaint currently includes seven individual plaintiffs, none of whom claims to have experienced any manifested defect related to a Dometic product.

Dometic remains firm in its position that the allegations are without merit and intends to vigorously defend against them, according to a statement by Dometic Corporation.

For more information, contact Erika Ståhl, Head of Business Control & Investor Relations at +46 8 501 025 24 or by email at ir@dometicgroup.com.