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Old 02-06-2019, 11:14 PM   #21
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The idea of this thread was to have actual updates of information rather than another round of speculation about what might be happening.

My understanding was that Hymer employees are all still working, after the initial layoff of new hires. But I am not sure where that was explicitly stated. Perhaps someone knows where there is a source for that.

I have also not seen any explicit connection between the inventory that is being done and the audit. It seems like a logical connection, but they could be only tangentially related. Is there source that explicitly made that connection?

On one of the Facebook pages someone who is waiting on warranty work said they were told by someone at Hymer that they hoped to have the inventory done by the end of the week, but "no guarantees".
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Old 02-07-2019, 05:00 AM   #22
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According to interviews with employees from the Cambridge (Hymer) plant on the local TV news (google it), the plant was closed and they were all told to leave. The old factory - the Roadtrek facility was not mentioned.

From the office employees, some of whom post on Facebook, they seem to be the only ones working. They made it pretty clear that they were mainly answering phones, tech help, and fielding questions. (informing people that nothing would happen until the audit and inventory are complete)

This is a manufacturing business, it is an impossibility that there would be an audit without an inventory... or an inventory with an audit... especially as they are investigating possible illegalities. The two are obviously very closely related.
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Old 02-07-2019, 01:25 PM   #23
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The only local coverage I could find was this CTV Report from last week. At that point the Cambridge workers were still in the plant, although production had stopped.

There are other reasons for an inventory than an audit. According to that news report, employees said they were told the units under construction in the Cambridge factory had been "sold". There is no information on what is happening at the Roadtrek facility but it seems obvious from other reports that the inventory includes Roadtrek. I haven't seen anything about production there.
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Old 02-09-2019, 06:12 PM   #24
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Hymer NA was sold prior to the puchase of EHG by Thor:

From Thor's FEC filing:

"Among other revisions to the Purchase Agreement, the Amendment (i) documented
the fact that EHG sold and transferred the North American operations to be excluded from the Transaction prior to the closing ..."

I assume that means the Hymer family bought Hymer NA from EHG to separate it from the sale.

Here are the Thor FEC Filings:
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Old 02-10-2019, 12:44 AM   #25
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Sounds like one of those $1 transfer of something from the right to the left hand. Since EHG belonged to the Hymer family...
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Old 02-10-2019, 01:19 PM   #26
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Default Hey EHG! Info needed!

The fact that itís not even confirmed who owns EHGís North American division after the Thor acquisition illustrates just how poorly this is being handled by EHG. Of course I get that they are not yet able to speak about the results of the audit, but they really canít issue a statement clarifying who is now the owner of the division? And maybe give some kind of update, even if it is limited?

Meanwhile, Roadtrek continues to make marketing posts on both Facebook and Instagram, as if everything is normal. Every time I see a new post, I think of Baghdad Bob. Itís getting that bizarre.

The strategy of saying nothing for almost 3 weeks now sure isnít working, as evidenced by the continued speculation and rumors on this and other forums. And itís EHGís fault this is happening. In the absence of hard information, rumors and speculation fill the vacuum. The longer this goes on, the more damage they do to their company and brand.
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Old 02-10-2019, 02:09 PM   #27
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I find it difficult to explain why landlords do not control the damage if they still intend to stay in business.
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Old 02-10-2019, 03:27 PM   #28
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I don't see any question on who owns EHGNA now... same ones that owned it before. The Hymer family...

Any possible change would be merely a name change to avoid clashes with the now Thor owned European names and models.

To me, the main worry is the extent of any damage related to possible criminal activity by employees. And how much money the Hymer family is willing to spend to get things running again to make it appeal to a buyer. (Thor?)
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Old 02-10-2019, 03:55 PM   #29
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I wouldn’t assume that there is wide spread concern about these issues based on the comments on this forum and Facebook. Not very large percentage of owners or potential buyers are on either of these platforms and on the large Facebook group not many are that concerned.
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Old 02-10-2019, 03:58 PM   #30
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Quote:
Originally Posted by gregmchugh View Post
I wouldn’t assume that there is wide spread concern about these issues based on the comments on this forum and Facebook. Not very large percentage of owners or potential buyers are on either of these platforms and on the large Facebook group not many are that concerned.
I agree that there is likely little visibility of all this by typical potential purchasers. The problem is the dealers, which is probably worse.
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