CRUISE AMERICA

Updated 05-May-2020.

Mondo shtuff from around the internet, all about CRUISE AMERICA!

COMPANY NEWS; BUDGET SAYS IT WILL SELL 2 UNITS AND FOCUS ON RENTALS: Budget Group Inc, owner of Budget Rent a Car, agrees to sell Cruise America, its recreational vehicle rental and sales conmpany, and VPSI, its commuter van pooling company, to focus on its car and truck rental business; Budget will sell Cruise America for $131 million to investment group that includes Cruise America management adn its original founders; Budget will retain 19.9 percent stake; sells VPSI to investment group led by Rockwood Capital (S)

My botty best at summarizing from Wikipedia: Cruise America is an Employee Owned (ESOP) recreational vehicle rental and sales company based in Mesa, Arizona . the company was founded in 1972 and was publicly traded in the american stock exchange under the ticker “RVR Cruise America operates 132 locations across North America . cruise America holds a 52% market-share in recreational vehicles rental operations market .