Wave of bankruptcies hits Australian caravan manufacturers
A series of caravan manufacturers in Australia are going bankrupt despite high demand. Zone RV, with debts of 20 million AUD, laid off 250 employees a...
A series of caravan manufacturers in Australia are going bankrupt despite high demand. Zone RV, with debts of 20 million AUD, laid off 250 employees and failed to deliver customer orders. Experts attribute the issues to high costs of custom production and reliance on Chinese suppliers.