Spartan Chassis Displays Brand Extensions and Announces Customer "First" Care
Company Highlights Two Concept Chassis at RVIA Tradeshow and Expands Support
for Core Diesel Business
LOUISVILLE, Ky., Nov. 27, 2012 (GLOBE NEWSWIRE) -- Spartan Chassis, a
subsidiary of Spartan Motors, Inc. (Nasdaq:SPAR), made a series of
announcements at the RVIA National RV Trade Show in Louisville, KY which
highlight recent progress and define the Company's strategic intent. With over
$8 Billion in annual revenue, the North American RV industry represents a core
market with strong growth opportunity for Spartan Motors, Inc. and a strategic
reset for Spartan Chassis.
*High Output/Performance Front Engine Concept Chassis: Code named the Extol
and powered by an 8.8 Liter gas engine that offers 430 HP and 512 lb.-ft.
of torque (@3400 RPM). This Spartan-branded engine offers a sizable
performance improvement over current Class A gas offerings in the market
today. This brand extension is uniquely positioned to target the growth
segments in the Class A market.
*High Performance / Low Cost Concept Chassis: Code named the Revel, this
Class A body-on-frame design utilizes a low cab forward chassis
architecture and enables the RV OEMs to realize up to 13% of additional
living space. Powered by a 6.0 Liter gas engine with an established
performance record, and an optional Allison 1000 series transmission, this
brand extension can re-establish the value equation at the low end of the
Class A market.
*Redefining Next Generation Ride and Handing: A new Compression Fluid Strut
(CFS) that offers reduced response time and greater damping powerthan a
hydro pneumatic system. Spartan is exploring this as an option on all
"The journey or getting there is just as important as being there," said Tom
Gorman, Chief Operating Officer, Spartan Motors. "Spartan has been known for
over three decades as the industry-leader for ride and handling and we just
got even better."
Customer "First" Care
Spartan has always led the industry with after-the-sale support and will
continue to prioritize the treatment of its customers
*Customer support: The Company's service network continues to expand.
Delivery of superior after-the-sale service is provided by over 585
authorized Spartan service providers.
*Customer service: the best Roadside Assistance program provided in
partnership with Good Sam and their network of over 40,000 mobile service
*The established Spartan Chassis customer base continues to drive the
strategic focus of the RV business unit.
*Featuring the frame: As the RV Class A Diesel Chassis manufacturer with
the most comprehensive warranty coverage available, Spartan will
visually enhance this feature by painting every chassis with the bright
*Every Spartan customer matters: Effective January, 7 2013, Spartan will
once again provide his and hers Spartan leather jackets to all new
owners that buy a new coach from one of our RV OEM partners
About Spartan Chassis, Inc.
Spartan Chassis, Inc. is a world-class leader in the engineering,
manufacturing and marketing of chassis and aftermarket parts for
emergency-response, recreational vehicle (RV), defense and specialty vehicles.
End users recognize and request the Spartan Chassis brand, which consistently
delivers superior performance, exceptional safety ratings and innovations
which distinguish us from the competition. Visit Spartan Chassis at
About Spartan Motors
Spartan Motors, Inc. designs, engineers and manufactures specialty chassis,
specialty vehicles, truck bodies and aftermarket parts for the recreational
vehicle, emergency response, government services, defense, and delivery and
service markets. The company's brand names - Spartan™, Spartan ERV™ and
Utilimaster® - are known for quality, performance, service and first-to-market
innovation. The company employs approximately 1,700 associates at facilities
in Michigan, Pennsylvania, South Dakota, Indiana, Florida and Texas. Spartan
reported sales of $426 million in 2011 and is focused on becoming a global
leader in the design, engineering and manufacture of specialty vehicles and
chassis. Visit Spartan Motors at www.spartanmotors.com.
This release contains several forward-looking statements that are not
historical facts, including statements concerning our business, strategic
position, financial strength, future plans, objectives, and the performance of
our products. These statements can be identified by words such as "believe,"
"expect," "intend," "potential," "future," "may," "will," "should," and
similar expressions regarding future expectations. These forward-looking
statements involve various known and unknown risks, uncertainties, and
assumptionsthat are difficult to predict with regard to timing, extent, and
likelihood. Therefore, actual performance and results may materially differ
from what may be expressed or forecasted in such forward-looking statements.
Factors that could contribute to these differences include operational and
other complications that may arise affecting the implementation of our plans
and business objectives; continued pressures caused by economic conditions and
the pace and extent of the economic recovery; challenges that may arise in
connection with the integration of new businesses or assets we acquire or the
disposition of assets; issues unique to government contracting, such as
competitive bidding processes, qualification requirements, and delays or
changes in funding; disruptions within our dealer network; changes in our
relationships with major customers, suppliers, or other business partners,
including Isuzu; changes in the demand or supply of products within our
markets or raw materials needed to manufacture those products; and changes in
laws and regulations affecting our business. Other factors that could affect
outcomes are set forth in our Annual Report on Form 10-K and other filings we
make with the Securities and Exchange Commission (SEC), which are available at
www.sec.gov or our website. All forward-looking statements in this release
are qualified by this paragraph. Investors should not place undue reliance on
forward-looking statements as a prediction of actual results. We undertake no
obligation to publicly update or revise any forward-looking statements in this
release, whether as a result of new information, future events, or otherwise.
CONTACT: Russell T. Chick
Corporate Director of Marketing
Spartan Motors, Inc.
517.997.3852 or Russell.email@example.com
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