This is our Trek in our Roadtrek 210P. Hint: Scroll to a list of "Topics and Destinations" on the right. Our RT is a portal to a much larger world and we have established "lily pads" from which we travel and we'll post about those, too. Life is a Journey of discovery in our Motorized Alpaca, a "tiny cabins on wheels". It has been said that "Life Begins at the end of our Comfort Zone." Content and photos are original unless noted. Click photos to enlarge.
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7 pages are shown on the Main Page. To see additional posts, click on the link "Older Posts" at the bottom of the main page. For videos go to https://www.youtube.com/@normanretzke4377/videos click "skip" to avoid ads
G has a "swell" time kayaking
G has a "swell" time on Lake Michigan in an inflatable canoe
Dawn on the Gulf of Mexico
Dawn on the Gulf of Mexico
Warren Dunes Sunset
Warren Dunes Sunset
Showing posts with label Roadtrek Bankruptcy. Show all posts
Showing posts with label Roadtrek Bankruptcy. Show all posts
Updated September 23, 2019
The "New" Roadtrek website is up and running. You can see the current model offerings, but no idea of delivery status. The manuals section is there as is a list of dealers......
This is an opportune time to download the official manuals for your Roadtrek if you haven't already done so. We carry PDF versions of these and other manuals such as the Onan generator with us when travelling.
The Chevy models are no longer offered. The Roadtrek company will be showing their Ford Transit based model during an "Open House" in Elkhardt IN September 23-26, 2019. The Ford Transit model will be there. This may be the same one that the "old" Roadtrek was showing before bankruptcy. No word yet on availability. https://www.roadtrek.com/ Original Post
I've wondered which models Rapido will be building. Here is the current Roadtrek website information. It seems the Chevy based 210P and 190 are no more! The 170 had been removed from the list some time earlier by Roadtrek....
According to the document in the link at the end of this post the purchase of Roadtrek by ๐ฅ๐ฎ๐ฝ๐ถ๐ฑ๐ผ ๐๐ฟ๐ผ๐๐ฝ๐ฒ is proceeding. ๐๐ฎ ๐ ๐ฒ๐๐ฎ ๐ฅ๐ฉ ๐ถ๐ ๐ฝ๐๐ฟ๐ฐ๐ต๐ฎ๐๐ถ๐ป๐ด ๐ญ๐ญ๐ฏ ๐ฐ๐ผ๐บ๐ฝ๐น๐ฒ๐๐ฒ๐ฑ ๐ฅ๐ฉ๐ ๐ณ๐ฟ๐ผ๐บ ๐๐๐ก๐ ๐ถ๐ป๐๐ฒ๐ป๐๐ผ๐ฟ๐ using the โHymerโ or โCaradoโ brand ๐ฎ๐ ๐ฝ๐ฎ๐ฟ๐ ๐ผ๐ณ ๐๐ต๐ฒ ๐๐ฟ๐ฎ๐ป๐๐ฎ๐ฐ๐๐ถ๐ผ๐ป. La Mesa has provided a US$1 million deposit. Here are some key aspects of the agreement. Read the document at the link for additional information and to view the source:
"๐ง๐ต๐ฒ ๐ฅ๐ผ๐ฎ๐ฑ๐๐ฟ๐ฒ๐ธ ๐๐๐๐ฒ๐ฟ (Rapido Group) ๐ถ๐ ๐ฝ๐๐ฟ๐ฐ๐ต๐ฎ๐๐ถ๐ป๐ด ๐๐ต๐ฒ ๐ณ๐ผ๐น๐น๐ผ๐๐ถ๐ป๐ด ๐ฎ๐๐๐ฒ๐๐ relating to the Roadtrek Business: a. โRoadtrekโ branded recreational vehicle inventory, including raw chassis, work-in-process and finished goods and all related raw material and spare part inventory located in Ontario; b. fixed assets and equipment; c. certain prototype vehicles; d. the lease for 20 Tyler Street, Cambridge, Ontario (the โLeaseโ), including the security deposit but excluding tenant inducements; e. intellectual property solely relating to the Roadtrek Business; f. information technology systems, including hardware, software, licences and associated contracts; g. goodwill; h. business records; i. motor vehicles; and j. all dealer tags in the Receiverโs possession. ..... ๐ง๐ต๐ฒ ๐ฅ๐ผ๐ฎ๐ฑ๐๐ฟ๐ฒ๐ธ ๐๐๐๐ฒ๐ฟ ๐๐ถ๐น๐น ๐ต๐ผ๐ป๐ผ๐๐ฟ ๐๐ฎ๐ฟ๐ฟ๐ฎ๐ป๐๐ ๐ฐ๐น๐ฎ๐ถ๐บ๐ ๐ผ๐ณ ๐๐ฝ ๐๐ผ $๐ญ,๐ฑ๐ฌ๐ฌ ๐ฝ๐ฒ๐ฟ ๐๐ป๐ถ๐ on โRoadtrekโ vehicles forming part of the Purchased Assets for a two year warranty period starting on the date of purchase by a consumer, but only for warranty claims made by the original purchaser. No warranty shall be provided in respect of certain itemized vehicles identified as Excluded Warranty Vehicles under the Roadtrek APA [Agreement of Purchase and Sale] which shall include vehicles potentially subject to the second row seating issue (described in Section 10.0 below). [From section 10.0: ๐ง๐ต๐ฒ ๐ฎ๐ฌ๐ญ๐ฒ ๐ง๐ฒ๐๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ ๐ฎ๐ฝ๐ฝ๐ฒ๐ฎ๐ฟ๐ฒ๐ฑ ๐๐ผ ๐ถ๐ป๐ฑ๐ถ๐ฐ๐ฎ๐๐ฒ ๐๐ต๐ฎ๐ ๐๐ต๐ฒ ๐๐ฒ๐ฐ๐ผ๐ป๐ฑ ๐ฟ๐ผ๐ ๐๐ฒ๐ฎ๐๐ถ๐ป๐ด ๐ถ๐ป ๐ฐ๐ฒ๐ฟ๐๐ฎ๐ถ๐ป ๐ฅ๐ผ๐ฎ๐ฑ๐๐ฟ๐ฒ๐ธ ๐ฏ๐ฟ๐ฎ๐ป๐ฑ ๐ฅ๐ฉ ๐๐ป๐๐ฒ๐ป๐๐ผ๐ฟ๐, ๐๐๐ฐ๐ต ๐๐ฒ๐ฐ๐ผ๐ป๐ฑ ๐ฟ๐ผ๐ ๐๐ฒ๐ฎ๐๐ถ๐ป๐ด ๐ต๐ฎ๐๐ถ๐ป๐ด ๐ฏ๐ฒ๐ฒ๐ป ๐ถ๐ป๐๐๐ฎ๐น๐น๐ฒ๐ฑ ๐ฏ๐ ๐๐๐๐ก๐ ๐ผ๐ป ๐๐ต๐ฒ ๐ ๐ฒ๐ฟ๐ฐ๐ฒ๐ฑ๐ฒ๐ ๐ฏ๐ฑ๐ฌ๐ฌ ๐ฅ๐ฎ๐ ๐๐ต๐ฎ๐๐๐ถ๐, ๐ฑ๐ถ๐ฑ ๐ป๐ผ๐ ๐ฝ๐ฎ๐๐ ๐๐ฎ๐ป๐ฎ๐ฑ๐ถ๐ฎ๐ป ๐ ๐ผ๐๐ผ๐ฟ ๐ฉ๐ฒ๐ต๐ถ๐ฐ๐น๐ฒ ๐ฆ๐ฎ๐ณ๐ฒ๐๐ ๐ฆ๐๐ฎ๐ป๐ฑ๐ฎ๐ฟ๐ฑ (๐๐ ๐ฉ๐ฆ๐ฆ) ๐ฎ๐ป๐ฑ ๐๐ฒ๐ฑ๐ฒ๐ฟ๐ฎ๐น ๐ ๐ผ๐๐ผ๐ฟ ๐ฉ๐ฒ๐ต๐ถ๐ฐ๐น๐ฒ ๐ฆ๐ฎ๐ณ๐ฒ๐๐ ๐ฆ๐๐ฎ๐ป๐ฑ๐ฎ๐ฟ๐ฑ (๐๐ ๐ฉ๐ฆ๐ฆ) ๐ฎ๐ฌ๐ณ, ๐ฆ๐ฐ.๐ฎ (๐ฐ) ]....... ๐๐บ๐ฝ๐น๐ผ๐๐ฒ๐ฒ๐. The Roadtrek APA contemplates that the Roadtrek Buyer may, but is not required to, offer employment to current or former employees of the 026 Page 14 Company (such employees who accept employment offers being โNew Hiresโ). The Receiver understands that the ๐ฅ๐ผ๐ฎ๐ฑ๐๐ฟ๐ฒ๐ธ ๐๐๐๐ฒ๐ฟ ๐ถ๐ป๐๐ฒ๐ป๐ฑ๐ ๐ผ๐ป ๐ผ๐ณ๐ณ๐ฒ๐ฟ๐ถ๐ป๐ด ๐ฒ๐บ๐ฝ๐น๐ผ๐๐บ๐ฒ๐ป๐ ๐๐ผ ๐ฎ๐ฝ๐ฝ๐ฟ๐ผ๐ ๐ถ๐บ๐ฎ๐๐ฒ๐น๐ ๐ญ๐ฌ๐ฌ-๐ญ๐ญ๐ฌ ๐ผ๐ณ ๐๐ต๐ฒ๐๐ฒ ๐ฒ๐บ๐ฝ๐น๐ผ๐๐ฒ๐ฒ๐ ๐๐ฝ๐ผ๐ป ๐๐น๐ผ๐๐ถ๐ป๐ด ๐ผ๐ฟ ๐๐ต๐ฒ๐ป ๐ฝ๐ฟ๐ผ๐ฑ๐๐ฐ๐๐ถ๐ผ๐ป ๐ฟ๐ฒ๐๐๐บ๐ฒ๐ post-Closing, with the stated goal of growing its workforce to more than 200 employees by the end of 2020. Closing Conditions The Closing of the Roadtrek Transaction is subject to the following........". and so on.
With the closure of the Roadtrek factory following the bankruptcy of the company one concern Roadtrek (and Hymer, NA) owners have is how to obtain service. Closure of the company also means that there is no factory warranty support.
I've included what I think is a helpful video at the end of this post.
The dealer and service center network exists. Some dealers have new Roadtreks for sale, and some have parts. However, for a short time the Roadtrek website was shut down. When it re-appeared I copied all of the North American service center information and put pdf files on a social media group I administer. I have no idea how much longer the Roadtrek website will be up.
I am not endorsing or recommending any dealer or service center. The material is provided "as-is".
I'm including a link to a video which includes additional warranty information.
Over on social media some owners are of the opinion that this will be quickly resolved and the factory will be up and running. It has been stated that the bankruptcy could be concluded in 6 weeks. I'm more skeptical because these bankruptcy proceeding can take some time, and a potential buyer of the company may want to delay until it is resolved. In my opinion, liquidation is the more likely outcome but this could change once the bankruptcy is completed. Links to pdf files of Roadtrek Service Centers made from the Roadtrek website:
Some dealers have reached out to Roadtrek and Hymer owners. For example Sunshine State RV reached out to some Roadtrek owners via email. I was forwarded a copy. . In that email Nick Schmidt with Sunshine State RVs stated: "I wanted to let everyone know where we stand with regards to Roadtrek/Carado warranties and what our plan is until they find a buyer and get back up and running. We have been able to find and acquire every part for Roadtrek's, including lithium batteries, Underhood Generators, Volt Start and Inverters. We will still be servicing all Erwin Hymer products and helping you guys get back to camping asap!!"
Mr. Schmidt also indicated that they do have Roadtrek and some Hymer products for sale: "we are offering 6 year warranties on all of the Roadtrek's and a 2 year warranty on the Carado's. These are aftermarket warranties through the best warranty company that we have ever dealt with, Protective Asset Protection. "
I've never used this dealership so I can't comment on their quality of repair, costs, etc.
Erwin Hymer North America which manufactures Roadtreks is officially in receivership (bankruptcy) and all employees were given a termination letter dated February 15. The Canadian court appointed the legal firm of Alvarez and Marsal (A&M) as receiver.
The Receiver is empowered to deal with creditors and manage the business.
At present, with no current employees, Roadtreks are not being manufactured.
The Roadtrek website was shut down for a short period of time but was put back up on February 22. A termination letter to Roadtrek employees was issued on February 15. All manufacturing has been suspended. Factory service is not currently available.
According to the "Service List" on the Receiver's website this is what Roadtrek owes the creditors:
$273,609,280 (Canadian) to unsecured creditors. $15,133,001 (Canadian) to secured creditors.
If you don't have a copy of the current manual for your Roadtrek I suggest you go to the Roadtrek website and download the manual. We don't know how long the Roadtrek website will be up and manuals will be available: