Fleetwood Enterprises, RV Maker, Seeks Bankruptcy

Fleetwood Enterprises Inc., the maker of motor homes and camping vans, filed for bankruptcy and may sell itself after losing more than 98% of its market value last year as U.S. shipments fell to a 30-year low. The 59-year-old company, which had a loss every year since 2001, has assets of $558.3 million & debt of $518 M, according to Chapter 11 papers filed today in U.S. Bankruptcy Court in Riverside, CA, where it is based.