----

----

**SECURITIES      AND EXCHANGE COMMISSION**

**Washington,      D.C. 20549**

**Form      10-Q**

**QUARTERLY      REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF      1934**

**o**
**       TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE      ACT      OF 1934**

|   |   | **COACHMEN                INDUSTRIES, INC.**                            |   |   |
|--------|--------|-------------------------------------------------------------------------|--------|--------|
|   |   | *(Exact                name of registrant as specified in its charter)* |   |   |

|   | **Indiana**                                               |   | **35-1101097**                                     |   |
|--------|-----------------------------------------------------------|--------|----------------------------------------------------|--------|
|   | *(State                of incorporation or organization*) |   | *(IRS                Employer Identification No.)* |   |

|   | **2831                Dexter Drive, Elkhart, Indiana**    |   | **46514**                   |   |
|--------|-----------------------------------------------------------|--------|-----------------------------|--------|
|   | *(Address                of principal executive offices)* |   | *(Zip                Code)* |   |

|   | Registrant's                telephone number, including area code |   | **(574)                262-0123** |   |
|--------|-------------------------------------------------------------------|--------|-----------------------------------|--------|

| Large                accelerated filer o |   | Accelerated                filer x |   | Non-accelerated                filer o |
|-----------------------------------------------|--------|-----------------------------------------|--------|---------------------------------------------|

----

----

|  **FORM                10-Q**                                                                                            |
|-------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                          |   |
|                                                                                                                          |   |
| **INDEX**                                                                                                                     |
|                                                                                                                          |   |
| **Part                I. Financial Information**                                                                              | **Page** |
|                                                                                                                          |   |
| Financial                Statements:                                                                                          |   |
| Consolidated                Balance Sheets at June 30, 2006 and                December 31, 2005                              | 3 |
|                                                                                                                          |   |
| Consolidated                Statements of Operations for                the three and six months ended June 30, 2006 and 2005 | 4 |
|                                                                                                                          |   |
| Consolidated                Statements of Cash Flows for the six months                ended June 30, 2006 and 2005           | 5 |
|                                                                                                                          |   |
| Notes                to Consolidated Financial                Statements                                                      | 6-16 |
|                                                                                                                          |   |
| Management’s                Discussion and Analysis of Financial Condition                and Results of Operations     | 17-23 |
|                                                                                                                          |   |
| Quantitative                and Qualitative Disclosures About Market                Risk                                      | 24 |
|                                                                                                                          |   |
| Controls                and Procedures                                                                                        | 24 |
|                                                                                                                          |   |
| **Part                II. Other Information**                                                                                 |   |
|                                                                                                                          |   |
| Item                1. Legal Proceedings                                                                                      | 25 |
|                                                                                                                          |   |
| Item                4. Submission of Matters to a Vote of Security                Holders                                     | 25 |
|                                                                                                                          |   |
| Item                6. Exhibits                                                                                               | 25 |
|                                                                                                                          |   |
| Signatures                                                                                                                    | 26 |
|                                                                                                                          |   |
| Index                to Exhibits                                                                                              | 27 |

----

Index

**Coachmen      Industries, Inc. and      Subsidiaries**

**Consolidated      Balance Sheets**

|                                                                                                                                                                         |   | June                30, |    | December                31, |    |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-------------------------|---------|-----------------------------|---------|
|                                                                                                                                                                         |   | 2006                    |    | 2005                        |    |
| **Assets**                                                                                                                                                                   |   |  (unaudited)       |    |                   |    |
| CURRENT                ASSETS                                                                                                                                                |   |                    |    |                        |    |
| Cash                and cash equivalents                                                                                                                                     |   | $                  | 3,791   |                        | $  |  2,780 |   |
| Trade                receivables, less allowance for doubtful receivables 2006 - $999                and 2005                - $1,240                                        |   |                    | 37,345  |                        |    | 47,174 |   |
| Other                receivables                                                                                                                                             |   |                    | 1,493   |                        |    | 1,969 |   |
| Refundable                income taxes                                                                                                                                       |   |                    | 9,410   |                        |    | 10,284 |   |
| Inventories                                                                                                                                                                  |   |                    | 112,281 |                        |    | 121,304 |   |
| Prepaid                expenses and other                                                                                                                                    |   |                    | 3,370   |                        |    | 3,992 |   |
| Deferred                income taxes                                                                                                                                         |   |                    | 11,129  |                        |    | 11,421 |   |
| Total                current assets                                                                                                                                          |   |                    | 178,819 |                        |    | 198,924 |   |
| Property,                plant and equipment**,**                net                                                                                                         |   |                    | 59,847  |                        |    | 67,581 |   |
| Notes                receivable                                                                                                                                              |   |                    | 7,208   |                        |    | 2,493 |   |
| Goodwill                                                                                                                                                                     |   |                    | 16,865  |                        |    | 17,383 |   |
| Cash                value of life insurance, net of loans                                                                                                                    |   |                    | 30,336  |                        |    | 28,880 |   |
| Deferred                income taxes                                                                                                                                         |   |                    | 2,913   |                        |    | 4,279 |   |
| Assets                held for sale                                                                                                                                          |   |                    | 2,449   |                        |    | 291 |   |
| Other                                                                                                                                                                        |   |                    | 1,747   |                        |    | 2,985 |   |
| TOTAL                ASSETS                                                                                                                                                  |   | $                       | 300,184 |                        | $       | 322,816 |   |
|                                                                                                                                                                         |   |                    |         |                        |    |  |   |
| **Liabilities                and Shareholders' Equity**                                                                                                                      |   |                    |         |                        |    |  |   |
| CURRENT                LIABILITIES                                                                                                                                           |   |                    |         |                        |    |  |   |
| Short-term                borrowings                                                                                                                                         |   | $                       | 5,000   |                        | $       | 12,276 |   |
| Accounts                payable, trade                                                                                                                                       |   |                    | 30,882  |                        |    | 31,658 |   |
| Accrued                income taxes                                                                                                                                          |   |                    | 124     |                        |    | 533 |   |
| Accrued                expenses and other liabilities                                                                                                                        |   |                    | 40,978  |                        |    | 54,856 |   |
| Floorplan                notes payable                                                                                                                                       |   |                    | 4,612   |                        |    | 4,361 |   |
| Current                maturities of long-term debt                                                                                                                          |   |                    | 7,129   |                        |    | 2,223 |   |
| Total                current liabilities                                                                                                                                     |   |                    | 88,725  |                        |    | 105,907 |   |
| Long-term                debt                                                                                                                                                |   |                    | 5,979   |                        |    | 12,913 |   |
| Postretirement                deferred compensation benefits                                                                                                                 |   |                    | 9,898   |                        |    | 10,182 |   |
| Other                                                                                                                                                                        |   |                    | -       |                        |    | 11 |   |
| Total                liabilities                                                                                                                                             |   |                    | 104,602 |                        |    | 129,013 |   |
|                                                                                                                                                                         |   |                    |         |                        |    |  |   |
| COMMITMENTS                AND CONTINGENCIES** **(see                Note 10)                                                                                           |   |                    |         |                        |    |  |   |
|                                                                                                                                                                         |   |                    |         |                        |    |  |   |
| SHAREHOLDERS'                EQUITY                                                                                                                                          |   |                    |         |                        |    |  |   |
| Common                shares, without par value: authorized 60,000 shares; issued 2006                - 21,145                shares and 2005                - 21,134 shares |   |                    | 92,280  |                        |    | 92,164 |   |
| Additional                paid-in capital                                                                                                                                    |   |                    | 7,254   |                        |    | 6,465 |   |
| Unearned                compensation                                                                                                                                         |   |                    | -       |                        |    | (142 | ) |
| Accumulated                other comprehensive income (loss)                                                                                                                 |   |                    | 18      |                        |    | (6 | ) |
| Retained                earnings                                                                                                                                             |   |                    | 155,583 |                        |    | 154,246 |   |
| Treasury                shares, at cost, 2006 - 5,484 shares and 2005 - 5,375                shares                                                                          |   |                    | (59,553 | )                           |    | (58,924 | ) |
| Total                shareholders' equity                                                                                                                                    |   |                    | 195,582 |                        |    | 193,803 |   |
|                                                                                                                                                                         |   |                    |         |                        |    |  |   |
| TOTAL                LIABILITIES AND SHAREHOLDERS' EQUITY                                                                                                                    |   | $                       | 300,184 |                        | $       | 322,816 |   |

*See      Notes to Consolidated Financial      Statements.*

----

Index

**Coachmen      Industries, Inc. and      Subsidiaries**

**Consolidated      Statements of Operations**

|                                                                                                                                                                  | Three                Months Ended June 30, | Six                Months Ended June 30, |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------------------------------------------|------------------------------------------|
|                                                                                                                                                                  |                                       | 2006                           |   | 2005   |   | 2006   |   | 2005   |   |
|                                                                                                                                                                  |                                       |                                     |   |   |   |   |   |   |   |   |   |   |   |
| Net              sales                                                                                                                                           |                                       | $                                   | 155,321 |   | $  | 190,031 |   | $  | 317,875 |   | $  | 382,280 |   |
| Cost              of sales                                                                                                                                       |                                       |                                     | 139,334 |   |   | 169,910 |   |   | 287,246 |   |   | 343,373 |   |
| Gross                profit                                                                                                                                           |                                       |                                     |  15,987 |   |   |  20,121 |   |   |  30,629 |   |   |  38,907 |   |
| Operating              expenses:                                                                                                                                 |                                       |                                     |   |   |   |   |   |   |   |   |   |   |   |
| Delivery                                                                                                                                                              |                                       |                                     |  7,917 |   |   |  8,458 |   |   |  16,146 |   |   |  16,580 |   |
| Selling                                                                                                                                                               |                                       |                                     |  5,247 |   |   |  7,818 |   |   |  10,426 |   |   |  15,112 |   |
| General                and administrative                                                                                                                             |                                       |                                     |  5,327 |   |   |  7,994 |   |   |  8,177 |   |   |  12,777 |   |
| Gain                on sale of assets, net                                                                                                                            |                                       |                                     |  (3,372 | )  |   |  (37 | )  |   |  (6,048 | )  |   |  (41 | )  |
|                                                                                                                                                                  |                                       |                                     |  15,119 |   |   |  24,233 |   |   |  28,701 |   |   |  44,428 |   |
| Operating                income (loss)                                                                                                                                |                                       |                                     |  868 |   |   |  (4,112 | )  |   |  1,928 |   |   |  (5,521 | )  |
| Nonoperating              (income) expense:                                                                                                                      |                                       |                                     |   |   |   |   |   |   |   |   |   |   |   |
| Interest                expense                                                                                                                                       |                                       |                                     |  732 |   |   |  689 |   |   |  1,700 |   |   |  1,582 |   |
| Investment                income                                                                                                                                      |                                       |                                     |  (464 | )  |   |  (441 | )  |   |  (826 | )  |   |  (1,257 | )  |
| Other                income, net                                                                                                                                      |                                       |                                     |  (79 | )  |   |  (163 | )  |   |  (243 | )  |   |  (232 | )  |
|                                                                                                                                                                  |                                       |                                     |  189 |   |   |  85 |   |   |  631 |   |   | 93 |   |
| Income                (loss) from continuing operations before income taxes                                                                                           |                                       |                                     |  679 |   |   |  (4,197 | )  |   |  1,297 |   |   |  (5,614 | )  |
| Income              taxes (benefit)                                                                                                                              |                                       |                                     |  199 |   |   |  (2,537 | )  |   |  413 |   |   |  (3,001 | )  |
| Net              income (loss) from continuing operations                                                                                                        |                                       |                                     |  480 |   |   |  (1,660 | )  |   |  884 |   |   | (2,613 | )  |
|                                                                                                                                                                  |                                       |                                     |   |   |   |   |   |   |   |   |   |   |   |
| Discontinued              operations                                                                                                                             |                                       |                                     |   |   |   |   |   |   |   |   |   |   |   |
| Loss                from operations of discontinued entities (net of taxes (benefits)                of                $(244), $132, $(419) and $(169), respectively) |                                       |                                     |  (176 | )  |   |  190 |   |   |  (505 | )  |   |  (243 | )  |
| Gain                on sale of assets of discontinued entities (net of taxes of $1,510                in                2006)                                         |                                       |                                     |  - |   |   |  - |   |   |  2,835 |   |   |  - |   |
| Income              (loss) from discontinued operations                                                                                                          |                                       |                                     |  (176 | )  |   |  190 |   |   |  2,330 |   |   |  (243 | )  |
| Net                income (loss)                                                                                                                                      |                                       | $                                   |  304 |   | $  | (1,470 | )  | $  | 3,214  |   | $  |  (2,856 | )  |
|                                                                                                                                                                  |                                       |                                     |   |   |   |   |   |   |   |   |   |   |   |
| Earnings              (loss) per share - Basic                                                                                                                   |                                       |                                     |   |   |   |   |   |   |   |   |   |   |   |
| Continuing                operations                                                                                                                                  |                                       | $                                   |  .03 |   | $  | (.10 | )  | $  |  .06 |   | $  |  (.16 | )  |
| Discontinued                operations                                                                                                                                |                                       |                                     | (.01 | )  |   |  .01 |   |   |  .15 |   |   |  (.02 | )  |
| Net                earnings (loss) per share                                                                                                                          |                                       |                                     |  .02 |   |   |  (.09 | )  |   |  .21 |   |   |  (.18 | )  |
| Earnings              (loss) per share - Diluted                                                                                                                 |                                       |                                     |   |   |   |   |   |   |   |   |   |   |   |
| Continuing                operations                                                                                                                                  |                                       |                                     |  .03 |   |   |  (.10 | )  |   |  .06 |   |   |  (.16 | )  |
| Discontinued                operations                                                                                                                                |                                       |                                     |  (.01 | )  |   |  .01 |   |   |  .15 |   |   |  (.02 | )  |
| Net                earnings (loss) per share                                                                                                                          |                                       | $                                   |  .02 |   | $  | (.09 | )  | $  |  .21 |   | $  |  (.18 | )  |
|                                                                                                                                                                  |                                       |                                     |   |   |   |   |   |   |   |   |   |   |   |
| Number                of common shares used in the computation of earnings (loss) per                share:                                                      |                                       |                                     |   |   |   |   |   |   |   |   |   |   |   |
| Basic                                                                                                                                                                 |                                       |                                     |  15,625 |   |   |  15,546 |   |   |  15,611 |   |   |  15,540 |   |
| Diluted                                                                                                                                                               |                                       |                                     |  15,643 |   |   |  15,546 |   |   |  15,634 |   |   |  15,540 |   |
|                                                                                                                                                                  |                                       |                                     |   |   |   |   |   |   |   |   |   |   |   |
| Cash              dividends declared per common share                                                                                                            |                                       | $                                   |  .06 |   | $  |  .06 |   | $  |  .12 |   | $  |  .12 |   |

*See      Notes to Consolidated Financial      Statements.*

----

Index

**Coachmen      Industries, Inc. and      Subsidiaries**

**Consolidated      Statements of Cash Flows **

|                                                                                                                                            |   | Six                Months Ended June 30, |
|-------------------------------------------------------------------------------------------------------------------------------------------------|--------|------------------------------------------|
|                                                                                                                                            |   | 2006                                     |   | 2005 |   |
| CASH                FLOWS FROM OPERATING ACTIVITIES:                                                                                            |   |                                     |   |   |   |   |   |
| Net                income (loss)                                                                                                                |   | $                                        | 3,214 |   | $ | (2,856 | )  |
| Adjustments                to reconcile net income (loss) to net cash provided by (used in)                operating                activities: |   |                                     |   |   |   |   |   |
| Depreciation                                                                                                                                    |   |                                     | 3,292 |   |   | 4,463 |   |
| Provision                for doubtful receivables, net of recoveries                                                                            |   |                                     | 107 |   |   | 418 |   |
| Net                realized and unrealized (gains) losses on marketable securities and                derivatives                               |   |                                     | 24 |   |   | (369 | )  |
| Gain                on sale of properties and other assets, net                                                                                 |   |                                     | (10,393 | ) |   | (49 | ) |
| Increase                in cash surrender value of life insurance policies                                                                      |   |                                     | (122 | ) |   | (385 | ) |
| Deferred                income tax provision (benefit)                                                                                          |   |                                     | 1,658 |   |   | (96 | ) |
| Other                                                                                                                                           |   |                                     | (18 | ) |   | (263 | )  |
| Changes                in certain assets and liabilities, net of effects of acquisitions                and                dispositions:        |   |                                     |   |   |   |   |   |
| Trade                receivables                                                                                                                |   |                                     | 5,447 |   |   | 6,477 |   |
| Inventories                                                                                                                                     |   |                                     | (3,143 | ) |   | (16,681 | ) |
| Prepaid                expenses and other                                                                                                       |   |                                     | 5 |   |   | 897 |   |
| Accounts                payable, trade                                                                                                          |   |                                     | 734 |   |   | 25,401 |   |
| Income                taxes - accrued and refundable                                                                                            |   |                                     | 465 |   |   | (6,620 | )  |
| Accrued                expenses and other liabilities                                                                                           |   |                                     | (8,393 | ) |   | 3,757 |   |
| Net                cash provided by (used in) operating activities                                                                              |   |                                     | (7,123 | ) |   | 14,094 |   |
|                                                                                                                                            |   |                                     |   |   |   |   |   |
| CASH                FLOWS FROM INVESTING ACTIVITIES:                                                                                            |   |                                     |   |   |   |   |   |
| Proceeds                from sales of marketable securities                                                                                     |   |                                     | - |   |   | 1,933 |   |
| Proceeds                from sale of properties and other assets                                                                                |   |                                     | 23,464 |   |   | 77 |   |
| Investments                in marketable securities                                                                                             |   |                                     | (1,334 | ) |   | (2,119 | ) |
| Purchases                of property and equipment                                                                                              |   |                                     | (3,361 | ) |   | (4,338 | ) |
| Other                                                                                                                                           |   |                                     | 154 |   |   | 32 |   |
| Net                cash provided by (used in) investing activities                                                                              |   |                                     | 18,923 |   |   | (4,415 | ) |
|                                                                                                                                            |   |                                     |   |   |   |   |   |
| CASH                FLOWS FROM FINANCING ACTIVITIES:                                                                                            |   |                                     |   |   |   |   |   |
| Proceeds                from short-term borrowings                                                                                              |   |                                     | 7,070 |   |   | 232 |   |
| Payments                of short-term borrowings                                                                                                |   |                                     | (14,095 | ) |   | (17,736 | ) |
| Proceeds                from long-term debt                                                                                                     |   |                                     | 255 |   |   | 224 |   |
| Payments                of long-term debt                                                                                                       |   |                                     | (2,283 | ) |   | (816 | ) |
| Issuance                of common shares under stock incentive plans                                                                            |   |                                     | 141 |   |   | 181 |   |
| Cash                dividends paid                                                                                                              |   |                                     | (1,877 | ) |   | (1,887 | ) |
| Other                                                                                                                                           |   |                                     | - |   |   | 36 |   |
| Net                cash used in financing activities                                                                                       |   |                                     | (10,789 | ) |   | (19,766 | )  |
| Increase                (decrease) in cash and cash equivalents                                                                                 |   |                                     | 1,011 |   |   | (10,087 | )  |
| CASH                AND CASH EQUIVALENTS:                                                                                                       |   |                                     |   |   |   |   |   |
| Beginning                of period                                                                                                              |   |                                     | 2,780 |   |   | 14,992 |   |
| End                of period                                                                                                                    |   | $                                        | 3,791 |   | $ | 4,905 |   |
|                                                                                                                                            |   |                                     |   |   |   |   |   |
| Supplemental                disclosures of cash flow information:                                                                          |   |                                     |   |   |   |   |   |
| Operating                cash received during the period related to insurance                settlement                                         |   | $                                   |  2,875 |   | $  | 2,213 |   |

*See      Notes to Consolidated Financial      Statements.*

----

Index

**Coachmen      Industries, Inc. and Subsidiaries**

**Notes      to Consolidated Financial Statements**

**1.         BASIS OF PRESENTATION.**

**Statement      of Operations Classification **

**Reclassifications      **

**2.         SEGMENT INFORMATION.**

Note      9

|                                 |   | Three                Months Ended June 30, | Six                Months Ended June 30, |
|--------------------------------------|--------|--------------------------------------------|------------------------------------------|
|                                 |   | 2006                                       |                                     | 2005 |   | 2006 |   | 2005 |   |
| Net              sales               |   |                                       |                                     |   |   |   |   |   |   |   |   |   |   |
| Recreational                vehicles |   | $                                          | 111,110                                  |   | $ | 141,437 |   | $ | 230,964 |   | $ | 295,133 |   |
| Housing                and building  |   |                                       | 44,211                                   |   |   | 48,594 |   |   | 86,911 |   |   | 87,147 |   |
|                                 |   |                                       |                                     |   |   |   |   |   |   |   |   |   |   |
| Consolidated                total    |   | $                                          | 155,321                                  |   | $ | 190,031 |   | $ | 317,875 |   | $ | 382,280 |   |

----

Index

|                                                          |   |   | Three                Months Ended June 30, | Six                Months Ended June 30, |   |
|---------------------------------------------------------------|--------|--------|--------------------------------------------|------------------------------------------|--------|
|                                                          |   | 2006   |                                       | 2005                                     |   | 2006 |   | 2005 |   |
| Gross              profit                                     |   |   |                                       |                                     |   |   |   |   |   |   |   |   |   |
| Recreational                vehicles                          |   | $      | 5,083                                      |                                     | $      | 7,550 |   | $ | 10,062 |   | $ | 18,704 |   |
| Housing                and building                           |   |   | 10,905                                     |                                     |   | 12,639 |   |   | 20,567 |   |   | 20,203 |   |
| Other                reconciling items                        |   |   | (1                                         | )                                        |   | (68 | ) |   | - |   |   | - |   |
|                                                          |   |   |                                       |                                     |   |   |   |   |   |   |   |   |   |
| Consolidated                total                             |   | $      | 15,987                                     |                                     | $      | 20,121 |   | $ | 30,629 |   | $ | 38,907 |   |
|                                                          |   |   |                                       |                                     |   |   |   |   |   |   |   |   |   |
| Operating              expenses                               |   |   |                                       |                                     |   |   |   |   |   |   |   |   |   |
| Recreational                vehicles                          |   | $      | 10,408                                     |                                     | $      | 13,597 |   | $ | 17,736 |   | $ | 26,450 |   |
| Housing                and building                           |   |   | 8,414                                      |                                     |   | 10,835 |   |   | 17,968 |   |   | 21,540 |   |
| Other                reconciling items                        |   |   | (3,703                                     | )                                        |   | (199 | ) |   | (7,003 | ) |   | (3,562 | ) |
|                                                          |   |   |                                       |                                     |   |   |   |   |   |   |   |   |   |
| Consolidated                total                             |   | $      | 15,119                                     |                                     | $      | 24,233 |   | $ | 28,701 |   | $ | 44,428 |   |
|                                                          |   |   |                                       |                                     |   |   |   |   |   |   |   |   |   |
| Operating              income (loss)                          |   |   |                                       |                                     |   |   |   |   |   |   |   |   |   |
| Recreational                vehicles                          |   | $      | (5,325                                     | )                                        | $      | (6,047 | ) | $ | (7,674 | ) | $ | (7,746 | ) |
| Housing                and building                           |   |   | 2,491                                      |                                     |   | 1,804 |   |   | 2,599 |   |   | (1,337 | ) |
| Other                reconciling items                        |   |   | 3,702                                      |                                     |   | 131 |   |   | 7,003 |   |   | 3,562 |   |
|                                                          |   |   |                                       |                                     |   |   |   |   |   |   |   |   |   |
| Consolidated                total                             |   | $      | 868                                        |                                     | $      | (4,112 | ) | $ | 1,928 |   | $ | (5,521 | ) |
|                                                          |   |   |                                       |                                     |   |   |   |   |   |   |   |   |   |
| Pre-tax              income (loss) from continuing operations |   |   |                                       |                                     |   |   |   |   |   |   |   |   |   |
| Recreational                vehicles                          |   | $      | (5,356                                     | )                                        | $      | (6,198 | ) | $ | (8,025 | ) | $ | (8,061 | ) |
| Housing                and building                           |   |   | 2,445                                      |                                     |   | 1,793 |   |   | 2,588 |   |   | (1,238 | ) |
| Other                reconciling items                        |   |   | 3,590                                      |                                     |   | 208 |   |   | 6,734 |   |   | 3,685 |   |
|                                                          |   |   |                                       |                                     |   |   |   |   |   |   |   |   |   |
| Consolidated                total                             |   | $      | 679                                        |                                     | $      | (4,197 | ) | $ | 1,297 |   | $ | (5,614 | ) |

|                                   |   | June                30, |    | December                31, |   |
|----------------------------------------|--------|-------------------------|---------|-----------------------------|--------|
|                                   |   | 2006                    |    | 2005                        |   |
| Total              Assets              |   |                    |    |                        |   |   |   |
| Recreational                vehicles   |   | $                       | 150,786 |                        | $      | 152,501 |   |
| Housing                and building    |   |                    | 67,088  |                        |   | 83,338 |   |
| Other                reconciling items |   |                    | 82,310  |                        |   | 86,977 |   |
|                                   |   |                    |    |                        |   |   |   |
| Total                                  |   | $                       | 300,184 |                        | $      | 322,816 |   |

----

Index

**3.         INVENTORIES.**

|                                 |   | June                30, |    | December                31, |   |
|--------------------------------------|--------|-------------------------|---------|-----------------------------|--------|
|                                 |   | 2006                    |    | 2005                        |   |
| Raw                materials         |   |                    |    |                        |   |   |   |
| Recreational                vehicles |   | $                       | 15,588  |                        | $      | 19,770 |   |
| Housing                and building  |   |                    | 7,816   |                        |   | 13,643 |   |
| Total                                |   |                    | 23,404  |                        |   | 33,413 |   |
|                                 |   |                    |    |                        |   |   |   |
| Work                in process       |   |                    |    |                        |   |   |   |
| Recreational                vehicles |   |                    | 20,815  |                        |   | 15,515 |   |
| Housing                and building  |   |                    | 3,943   |                        |   | 5,280 |   |
| Total                                |   |                    | 24,758  |                        |   | 20,795 |   |
|                                 |   |                    |    |                        |   |   |   |
| Improved                lots         |   |                    |    |                        |   |   |   |
| Housing                and building  |   |                    | 267     |                        |   | 261 |   |
| Total                                |   |                    | 267     |                        |   | 261 |   |
|                                 |   |                    |    |                        |   |   |   |
| Finished                goods        |   |                    |    |                        |   |   |   |
| Recreational                vehicles |   |                    | 51,195  |                        |   | 48,935 |   |
| Housing                and building  |   |                    | 12,657  |                        |   | 17,900 |   |
| Total                                |   |                    | 63,852  |                        |   | 66,835 |   |
|                                 |   |                    |    |                        |   |   |   |
| Total                                |   | $                       | 112,281 |                        | $      | 121,304 |   |

**4.         PROPERTY, PLANT AND EQUIPMENT.**

|                                              |   | June                30,2006 |    | December                31,2005 |   |
|---------------------------------------------------|--------|-----------------------------|---------|---------------------------------|--------|
|                                              |   |                        |    |                            |   |
| Land                and improvements              |   | $                           | 11,702  |                            | $      | 13,255 |   |
| Buildings                and improvements         |   |                        | 62,094  |                            |   | 68,007 |   |
| Machinery                and equipment            |   |                        | 24,259  |                            |   | 31,468 |   |
| Transportation                equipment           |   |                        | 14,826  |                            |   | 16,279 |   |
| Office                furniture and fixtures      |   |                        | 17,670  |                            |   | 19,080 |   |
|                                              |   |                        |    |                            |   |   |   |
| Total                                             |   |                        | 130,551 |                            |   | 148,089 |   |
| Less,                accumulated depreciation     |   |                        | 70,704  |                            |   | 80,508 |   |
|                                              |   |                        |    |                            |   |   |   |
| Property,                plant and equipment, net |   | $                           | 59,847  |                            | $      | 67,581 |   |

----

Index

**5.         ACCRUED EXPENSES AND OTHER LIABILITIES.**

|                                                                                                                                                 |   | June                30,2006 |   | December                31,2005 |   |
|------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-----------------------------|--------|---------------------------------|--------|
|                                                                                                                                                 |   |                        |   |                            |   |
| Wages,                salaries, bonuses and commissions                                                                                              |   | $                           | 2,448  |                            | $      | 3,156 |   |
| Dealer                incentives, including volume bonuses, dealer trips, interest                reimbursement, co-op advertising and other rebates |   |                        | 5,886  |                            |   | 4,284 |   |
| Warranty                                                                                                                                             |   |                        | 13,359 |                            |   | 20,005 |   |
| Insurance-products                and general liability, workers compensation, group health and                other                                 |   |                        | 7,828  |                            |   | 6,833 |   |
| Customer                deposits and unearned revenues                                                                                               |   |                        | 5,072  |                            |   | 10,029 |   |
| Litigation                                                                                                                                           |   |                        | 1,245  |                            |   |  3,740 |   |
| Interest                                                                                                                                             |   |                        | 551    |                            |   |  1,980 |   |
| Sales                and property taxes                                                                                                              |   |                        | 1,614  |                            |   |  1,948 |   |
| Other                current liabilities                                                                                                             |   |                        | 2,975  |                            |   | 2,881 |   |
|                                                                                                                                                 |   |                        |   |                            |   |   |   |
| Total                                                                                                                                                |   | $                           | 40,978 |                            | $      | 54,856 |   |

|                                                                                                                   |   | Three                Months Ended June 30, |        | Six                Months Ended June 30, |   |
|------------------------------------------------------------------------------------------------------------------------|--------|--------------------------------------------|-------------|------------------------------------------|--------|
|                                                                                                                   |   | 2006                                       |        | 2005                                     |   | 2006 |   | 2005 |   |
|                                                                                                                   |   |                                       |        |                                     |   |   |   |   |   |   |   |   |   |
| Balance                of accrued warranty at beginning of period                                                      |   | $                                          | 16,605      |                                     | $      | 10,316 |   | $ | 20,005 |   | $ | 10,140 |   |
|                                                                                                                   |   |                                       |        |                                     |   |   |   |   |   |   |   |   |   |
| Warranties                issued during the period and changes in liability for pre-existing                warranties |   |                                       |  4,629 |                                     |   |  6,267 |   |   |  11,165 |   |   |  11,543 |   |
|                                                                                                                   |   |                                       |        |                                     |   |   |   |   |   |   |   |   |   |
| Cash                settlements made during the period                                                                 |   |                                       | (7,875      | )                                   |   | (5,803 | )  |   | (17,811 | )  |   | (10,903 | )  |
|                                                                                                                   |   |                                       |        |                                     |   |   |   |   |   |   |   |   |   |
| Balance                of accrued warranty at June 30                                                                  |   | $                                          | 13,359      |                                     | $      | 10,780 |   | $ | 13,359 |   | $ | 10,780 |   |

**6.         COMPREHENSIVE INCOME (LOSS).**

|                                                                       |   | Three                Months Ended June 30, |   | Six                Months Ended June 30, |   |
|----------------------------------------------------------------------------|--------|--------------------------------------------|--------|------------------------------------------|--------|
|                                                                       |   | 2006                                       |   | 2005                                     |   | 2006 |   | 2005 |   |
|                                                                       |   |                                       |   |                                     |   |   |   |   |   |   |   |   |   |
| Net                income (loss)                                           |   | $                                          | 304    |                                     | $      | (1,470 | )  | $ | 3,214 |   | $ | (2,856 | )  |
| Unrealized                losses on securities held for sale, net of taxes |   |                                       | -      |                                     |   | (57 | )  |   | - |   |   | (188 | ) |
| Unrealized                gains (losses) on cash flow hedges, net of taxes |   |                                       | 6      |                                     |   | (27 | )  |   | 24 |   |   | 32 |   |
|                                                                       |   |                                       |   |                                     |   |   |   |   |   |   |   |   |   |
| Comprehensive                income (loss)                                 |   | $                                          | 310    |                                     | $      | (1,554 | )  | $ | 3,238 |   | $ | (3,012 | )  |

----

Index

**7.         EARNINGS PER SHARE.**

|                                                                         |   | Three                Months Ended June 30, |         | Six                Months Ended June 30, |   |
|------------------------------------------------------------------------------|--------|--------------------------------------------|--------------|------------------------------------------|--------|
|                                                                         |   | 2006                                       |         | 2005                                     |   | 2006 |   | 2005 |   |
| Numerator:                                                                   |   |                                       |         |                                     |   |   |   |   |   |   |   |   |   |
| Net                income (loss) available to common stockholders            |   | $                                          | 304          |                                     | $      | (1,470 | )  | $ | 3,214 |   | $ | (2,856 | )  |
| Denominator:                                                                 |   |                                       |         |                                     |   |   |   |   |   |   |   |   |   |
| Number                of shares outstanding, end of period:                  |   |                                       |         |                                     |   |   |   |   |   |   |   |   |   |
| Weighted                average number of common shares used in basic EPS    |   |                                       |  15,625 |                                     |   |  15,546 |   |   |  15,611 |   |   |  15,540 |   |
| Effect                of dilutive securities                                 |   |                                       | 18           |                                     |   | - |   |   | 23 |   |   | - |   |
| Weighted                average number of common shares used in dilutive EPS |   |                                       |  15,643 |                                     |   |  15,546 |   |   |  15,634 |   |   |  15,540 |   |

**8.   INCOME      TAXES.**

**9.**  **RESTRUCTURING CHARGES AND DISCONTINUED OPERATIONS.**

----

Index

**Housing      and Building Segment**

----

Index

|                                          |   |   |   | 2005   |   |
|-----------------------------------------------|--------|--------|--------|--------|--------|
|                                          |   |   |   |   |   |
| Cash                                          |   |   |   |   | $      | 242 |   |
| Accounts                and other receivables |   |   |   |   |   | 4,401 |   |
| Prepaid                expenses               |   |   |   |   |   | 510 |   |
| Inventories                                   |   |   |   |   |   | 10,423 |   |
| Other                long-term assets         |   |   |   |   |   | 124 |   |
| Fixed                assets                   |   |   |   |   |   | 34 |   |
| Accounts                payable               |   |   |   |   |   | (1,777 | ) |
| Other                current liabilities      |   |   |   |   |   | (5,341 | ) |
|                                          |   |   |   |   |   |   |   |
| Net                assets held for sale       |   |   |   |   | $      | 8,616 |   |

**Recreational      Vehicle Segment**

|                                          |   |   |   | 2005   |   |
|-----------------------------------------------|--------|--------|--------|--------|--------|
|                                          |   |   |   |   |   |
| Accounts                and other receivables |   |   |   |   | $      | 781 |   |
| Prepaid                expenses               |   |   |   |   |   | 51 |   |
| Inventories                                   |   |   |   |   |   | 909 |   |
| Other                long-term assets         |   |   |   |   |   | 437 |   |
| Fixed                assets                   |   |   |   |   |   | 4,144 |   |
| Accounts                payable               |   |   |   |   |   | (116 | ) |
| Other                current liabilities      |   |   |   |   |   | (495 | ) |
|                                          |   |   |   |   |   |   |   |
| Net                assets held for sale  |   |   |   |   | $      | 5,711 |   |

----

Index

**10. COMMITMENTS      AND CONTINGENCIES. **

**Obligation      to Purchase Consigned Inventories **

**Repurchase      Agreements**

**Corporate      Guarantees**

----

Index

**Litigation      **

----

Index

**11.       STOCK-BASED COMPENSATION. **

*Accounting      for Stock Issued to Employees*
*Accounting      for Stock-Based Compensation*
*Share-Based      Payment*

*Accounting      for Stock Issued to Employees*
*Accounting      for Stock-Based Compensation*
*Accounting      for Stock-Based Compensation — Transition and Disclosure*

----

Index

|                                                                                                                                                                    |   | Three                Months Ended |   | Six                Months Ended |    |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-----------------------------------|--------|---------------------------------|---------|
|                                                                                                                                                                    |   | June                30, 2005      |   | June                30, 2005    |    |
|                                                                                                                                                                    |   |                              |   |                            |    |   |   |
| Net                Loss, as reported                                                                                                                                    |   | $                            | (1,470 | )                          | $  | (2.856 | )  |
| Add:                stock-based compensation expense under variable plan included in                reporting                net income, net of taxes              |   |                              | (23    | )                          |    | (512 | )  |
| Deduct:                total stock-based compensation expense determined under fair value                based                method for all awards, net of taxes  |   |                              | (1     | )                               |    | 290 |   |
| Pro                forma net loss                                                                                                                                  |   | $                            | (1,494 | )                          | $  | (3,078 | )  |
|                                                                                                                                                                    |   |                              |   |                            |    |   |   |
| Loss                per share:                                                                                                                                     |   |                              |   |                            |    |   |   |
| Basic                - as reported                                                                                                                                 |   | $                            | (.09   | )                          | $  | (.18 | )  |
| Basic                - pro forma                                                                                                                                   |   | $                            | (.10   | )                          | $  | (.20 | )  |
|                                                                                                                                                                    |   |                              |   |                            |    |   |   |
| Diluted                - as reported                                                                                                                               |   | $                            | (.09   | )                          | $  | (.18 | )  |
| Diluted                - pro forma                                                                                                                                 |   | $                            | (.10   | )                          | $  | (.20 | )  |

**12.       NEW ACCOUNTING PRONOUNCEMENTS. **

*Accounting      for Uncertainty in Income Taxes*

**13.       SUBSEQUENT EVENTS. **

----

Index

**Coachmen      Industries, Inc. and Subsidiaries**

**Management’s      Discussion and Analysis of**

**Financial      Condition and Results of Operations**

|                                                                                                 |   | Comparison                of                |    |
|------------------------------------------------------------------------------------------------------|--------|---------------------------------------------|---------|
|                                                                                                 |   | Three                Months                 |    | Six                Months |   |
|                                                                                                 |   | Ended                June 30, 2006 and 2005 |    |
|                                                                                                 |   | Increases                (Decreases)        |    |
|                                                                                                 |   | Amount                                      |    | Percentage |   | Amount |   | Percentage |   |
|                                                                                                 |   |                                        |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net                sales                                                                             |   | $                                           | (34,710 | )  |   | (18.3 | )  | % |   | $ | (64,405 | )  |   | (16.8 | )  | % |   |
|                                                                                                 |   |                                        |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Cost                of sales                                                                         |   |                                        | (30,576 | )  |   | (18.0 | )  |   |   |   | (56,127 | )  |   | (16.3 | )  |   |   |
|                                                                                                 |   |                                        |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Delivery                expenses                                                                     |   |                                        | (541    | )  |   | (6.4 | )  |   |   |   | (434 | )  |   | (2.6 | )  |   |   |
|                                                                                                 |   |                                        |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Selling                expenses                                                                      |   |                                        | (2,571  | )  |   | (32.9 | )  |   |   |   | (4,686 | )  |   | (31.0 | )  |   |   |
|                                                                                                 |   |                                        |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| General                and administrative expenses                                                   |   |                                        | (2,667  | )  |   | (33.4 | )  |   |   |   | (4,600 | )  |   | (36.0 | ) |   |   |
|                                                                                                 |   |                                        |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Gain                on sale of assets, net                                                           |   |                                        | 3,335   |   |   | n/m |   |   |   |   | 6,007 |   |   | n/m |   |   |   |
|                                                                                                 |   |                                        |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Interest                expense                                                                      |   |                                        | 43      |   |   | 6.2 |   |   |   |   | 118 |   |   | 7.5 |   |   |   |
|                                                                                                 |   |                                        |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Investment                income                                                                     |   |                                        | 23      |   |   | 5.2 |   |   |   |   | (431 | )  |   | (34.3 | )  |   |   |
|                                                                                                 |   |                                        |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Other                income, net                                                                     |   |                                        | (84     | )  |   | (51.5 | ) |   |   |   | 11 |   |   | 4.7 |   |   |   |
|                                                                                                 |   |                                        |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Income                (loss) from continuing operations before income taxes                          |   |                                        | 4,876   |   |   | 116.2 |   |   |   |   | 6,911 |   |   | 123.1 |   |   |   |
|                                                                                                 |   |                                        |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Income                taxes                                                                          |   |                                        | 2,736   |   |   | 107.8 |   |   |   |   | 3,414 |   |   | 113.8 |   |   |   |
|                                                                                                 |   |                                        |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net                income (loss) from continuing operations                                          |   |                                        | 2,140   |   |   | 128.9 |   |   |   |   | 3,497 |   |   | 133.8 |   |   |   |
|                                                                                                 |   |                                        |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Income                (loss) from operations of discontinued operations, net of                taxes |   |                                        | (366    | )  |   | (192.6 | )  |   |   |   | 2,573 |   |   | n/m |   |   |   |
|                                                                                                 |   |                                        |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net                income (loss)                                                                     |   |                                        | 1,774   |   |   | 120.7 |   |   |   |   | 6,070 |   |   | 212.5 |   |   |   |

----

Index

|                                       |   | Three                Months Ended June 30, |   | Six                Months Ended June 30, |   |
|--------------------------------------------|--------|--------------------------------------------|--------|------------------------------------------|--------|
|                                       |   | 2006                                       |   | 2005                                     |   | 2006 |   | 2005 |   |
|                                       |   |                                       |   |                                     |   |   |   |   |   |   |   |   |   |
| Gain                on sale of assets, net |        | $                                          | 3,372  |                                          | $      | 37 |   | $ | 6,048 |  | $ | 41 |   |
| Legal                settlements           |   |                                       | -      |                                     |   |  - |   |   |  3,620 |   |   |  4,425 |   |

**NET      SALES**

**COST      OF SALES**

----

Index

**OPERATING      EXPENSES**

**GAIN      ON THE SALE OF ASSETS, NET**

**INTEREST      EXPENSE**

**INVESTMENT      INCOME**

**OTHER      INCOME, NET**

----

Index

**INCOME      TAXES**

**DISCONTINUED      OPERATIONS**

----

Index

**NET      INCOME (LOSS)**

**LIQUIDITY,      CAPITAL RESOURCES AND FINANCIAL CONDITION**

----

Index

**CRITICAL      ACCOUNTING POLICIES**

**Statement      of Operations Classification **

**FORWARD-LOOKING      STATEMENTS**

| Ÿ  | the              potential fluctuations in the Company's operating              results; |
|--------------|------------------------------------------------------------------------------------------|
| Ÿ   | the                availability for floorplan financing for the Company's recreational                vehicle dealers and corresponding availability of cash to the                Company; |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Ÿ   | uncertainties                regarding the impact on sales of the disclosed restructuring steps                in both                the Recreational Vehicle and Housing and Building                Segments; |
|--------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Ÿ   | the                ability to sell and close the operations for sale as                described; |
|--------------------|---------------------------------------------------------------------------------------------------|

| Ÿ   | the                accuracy of the estimates of the costs to remedy the disclosed                recreational vehicle warranty                issues; |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------|

| Ÿ   | price                volatility of materials used in production and the ability to pass                on                rapidly increasing costs of product components and raw materials                to end                buyers; |
|--------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Ÿ   | uncertainties                and timing with respect to sales resulting from recovery efforts                in the                Gulf Coast; |
|--------------------|------------------------------------------------------------------------------------------------------------------------------------------------|

| Ÿ   | the                availability and price of gasoline and diesel fuel, which can impact                the                sale of recreational vehicles; |
|--------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------|

| Ÿ   | the                Company's dependence on chassis and other suppliers; |
|--------------------|-------------------------------------------------------------------------|

| Ÿ   | interest                rates, which affect the affordability of the Company's                products; |
|--------------------|---------------------------------------------------------------------------------------------------------|

| Ÿ   | the                availability and cost of real estate for residential housing; |
|--------------------|----------------------------------------------------------------------------------|

----

Index

| Ÿ   | the                increased size and scope of work of commercial and military housing                projects as compared to the Company's traditional single-family homes                business;  |
|--------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Ÿ   | the                ability of the Housing and Building Segment to perform in new market                segments where it has limited experience; |
|--------------------|--------------------------------------------------------------------------------------------------------------------------------------------------|

| Ÿ   | adverse                weather conditions affecting home                deliveries; |
|--------------------|-------------------------------------------------------------------------------------|

| Ÿ   | potential                liabilities under repurchase agreements and guarantees; |
|--------------------|----------------------------------------------------------------------------------|

| Ÿ   | changing                government regulations, such as those covering accounting standards; |
|--------------------|----------------------------------------------------------------------------------------------|

| Ÿ   | environmental                matters or product warranties and recalls, which may affect costs                of                operations, revenues, product acceptance and profitability; |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Ÿ   | legislation                governing the relationships of the Company with its recreational                vehicle                dealers, which may affect the Company’s options and liabilities in the                event of a general economic downturn; |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Ÿ   | consolidation                of distribution channels in the recreational vehicle industry; |
|--------------------|---------------------------------------------------------------------------------------------|

| Ÿ   | the                impact of consumer confidence and economic uncertainty on high-cost                discretionary product purchases, which can hinder the sales of                recreational vehicles; |
|--------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Ÿ   | and                also on the state of the recreational vehicle and housing industries                in                the United States. |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------|

| Ÿ   | changes                in property taxes and energy costs; |
|--------------------|------------------------------------------------------------|

| Ÿ   | changes                in federal income tax laws and federal mortgage financing                programs; |
|--------------------|-----------------------------------------------------------------------------------------------------------|

| Ÿ   | competition                in the industries in which the Company                operates; |
|--------------------|--------------------------------------------------------------------------------------------|

| Ÿ   | consumer                confidence; |
|--------------------|-------------------------------------|

| Ÿ   | oil                supplies; |
|--------------------|------------------------------|

| Ÿ   | the                Company’s ability to increase gross margins which are critical to                profitability whether there are or are not increased sales; |
|--------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Ÿ   | the                Company’s use of incentives at either the wholesale or retail level; |
|--------------------|-----------------------------------------------------------------------------------------------|

| Ÿ   | further                developments in the war on terrorism and related international                crises; |
|--------------------|--------------------------------------------------------------------------------------------------------------|

| Ÿ   | uncertainties                of matters in litigation and other risks and uncertainties. |
|--------------------|------------------------------------------------------------------------------------------|

----

Index

**ITEM      3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET      RISK**

**ITEM      4. CONTROLS AND PROCEDURES**

----

Index

**PART      II. OTHER INFORMATION**

Item      1. Legal Proceedings

Item      4. Submission of Matters to a Vote of Security      Holders

|                                 |                           For | Withheld  |
|--------------------------------------|---------------------------------------------------------------------------------|-----------|
|                                 |                                                                            |      |
| Claire              C. Skinner  | 12,816,779                                                                      | 1,849,934 |
| Donald              W. Hudler   | 14,557,538                                                                      | 109,175   |
| Philip                G. Lux    | 14,357,253                                                                      | 309,460   |

Item      6. Exhibits

----

Index

**SIGNATURES**

**COACHMEN      INDUSTRIES, INC.**

| Date:                August                8, 2006 | By:    | /s/                Claire C. Skinner                          |
|----------------------------------------------------|--------|---------------------------------------------------------------|
|                                               |   | Claire                C. Skinner, Chairman of the Board and   |
|                                               |   | Chief                Executive Officer                        |
|                                               |   |                                                          |
|                                               |   |                                                          |
|                                               |   |                                                          |
|                                               |   |                                                          |
| Date:                August                8, 2006 | By:    | /s/                Richard M. Lavers                          |
|                                               |   | Richard                M. Lavers, Executive Vice President,   |
|                                               |   | General                Counsel and Secretary, Chief Financial |
|                                               |   | Officer                and Chief Administrative Officer       |
|                                               |   |                                                          |
|                                               |   |                                                          |
|                                               |   |                                                          |
| Date:                August                8, 2006 | By:    | /s/                Colleen A. Zuhl                            |
|                                               |   | Colleen                A. Zuhl, Chief Accounting Officer      |
|                                               |   |                                                          |

----

Index

**INDEX      TO EXHIBITS**

| Number                AssignedIn                RegulationS-K,                Item 601 | Description                of Exhibit                                                                                                                                                                                                                                |
|----------------------------------------------------------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                   |                                                                                                                                                                                                                                                                 |
| (3)(a)(i)                                                                              | Articles                of Incorporation of the Company as amended on May 30, 1995 (incorporated                by reference to Exhibit 3(i) to the Company's Annual Report on Form                10-K                for the fiscal year ended December 31, 1995). |
|                                                                                   |                                                                                                                                                                                                                                                                 |
| (3)(a)(ii)                                                                             | Articles                of Amendment to Articles of Incorporation (incorporated by reference                to                Exhibit 4.2 to the Company's Form S-3 Registration Statement, File                No.                333-14579).                       |
|                                                                                   |                                                                                                                                                                                                                                                                 |
| (3)(b)                                                                                 | By-Laws                as modified through September 9, 2005 (incorporated by reference                to the                Company's Form 8-K filed September 15, 2005).                                                                                      |
|                                                                                   |                                                                                                                                                                                                                                                                 |
| (31.1)                                                                                 | Rule                13a-14(a) Certification of Chief Executive Officer.                                                                                                                                                                                              |
|                                                                                   |                                                                                                                                                                                                                                                                 |
| (31.2)                                                                                 | Rule                13a-14(a) Certification of Chief Financial Officer.                                                                                                                                                                                              |
|                                                                                   |                                                                                                                                                                                                                                                                 |
| (32.1)                                                                                 | Section                1350 Certification of Chief Executive Officer.                                                                                                                                                                                                |
|                                                                                   |                                                                                                                                                                                                                                                                 |
| (32.2)                                                                                 | Section                1350 Certification of Chief Financial                Officer.                                                                                                                                                                                 |

----

----