Posts Tagged ‘RV shipments’

The  Recreation Vehicle Industry Association (RVIA) reported wholesale shipments of all RVs were 19,100 units for October 2011 which was ahead of last month by 12.4% and 15.1% ahead of this same month last year.

Gains were recorded in both conventional travel trailers and fifth-wheels while other categories were even with or slightly less than the totals reported for those categories in October 2010.

Year-to-date, total shipments rose to 219,100 units through October this year, up 4% from this same 10-month period last year. Towable RV units increased by 4.3% while motorhomes were up 1.4% through October. On a seasonally adjusted basis, all RV shipments were at an annualized rate of 247,800 units through October this year.

Despite challenging economic conditions, the RV market continues to show remarkable strength and expectations are that shipments will grow by more than 7 percent in 2011, Dr. Richard Curtin writes in the current issue of Road Signs, the quarterly forecast from RVIA.

Curtin noted that RV shipments for the first quarter totaled 65,100 units, up 8.7 percent from the same period 2010. He added that year-to-year gains were widespread across types, with Class A and C motorhomes posting the largest gains, followed by conventional and fifth wheel travel trailers.

Curtin is forecasting that RV shipments will rise to 260,200 units in in 2011, a 7.4 percent increase from 2010. Curtin’s forecast anticipates each category of RV – with exception of folding campers and Class B motorhomes – will experience an increase in shipments in 2011.

Specifically, he anticipates shipments of Class A and Class C units will reach 13,400 and 11,200 units, respectively, up from 13,100 units and 10,500 units in 2010. Shipments of travel trailers will reach 158,700 units, up markedly from 144,500 units, while shipments of fifth wheels will reach 58,500 units, up from 54,700 units.

Despite rising fuel and food prices, high unemployment and only small wage increases, Curtin said favorable economic factors still outweigh the negatives, noting that RV demand will benefit from improving credit conditions, employment gains, stabilization of the housing market, and a strong preference for the RV lifestyle.

“The enduring strength of the RV lifestyle means that the industry will succeed in this difficult environment,” he said, adding, “Which players succeed depends on their ability to deliver the right selection of RVs at the right location at the right time, providing the same treasured experiences to families who now have more restricted budgets.”

Buoyed by a surprisingly strong December, wholesale shipments to RV retailers soared to close the 2010 year at 242,300 units, up 45.6% over 2009 and the highest annual totals for RV shipments in the past three years.

Underscoring an improved level of dealer confidence, the Recreation Vehicle Industry Association (RVIA) reported today (Jan. 26) that total wholesale shipments to retailers of all RVs increased to 18,300 units in RVIA’s December 2010 survey of manufacturers.

The total was 36.5% greater than last month and 30.7% greater than this same month last year.
Shipments of all towable RVs were at 16,400 units in December 2010, up 32.3% over the final month the previous year, while motorhome shipments totaled 1,900 units, a gain of 18.8% over December 2009. Seasonally adjusted, the December total represents an annualized rate of more than 295,000 units, the best monthly showing since April 2008.

No towable or motorized segment reported a shipment decrease compared to the previous year, although Class B coaches remained level for the month-to-month comparison and was the only segment to show a decline in year-to-date deliveries.

Shipments by segment were as follows:

Travel trailers: 10,400, up 23.8% for the month, and 42.3% for the year (144,500).
Fifth-wheel trailers: 4,100, up 24.2% for the month, and 48.6% for the year (54,700).
Folding camping trailers: 1,600, up 166.7% for the month, and 22% for the year (15,000).
Truck campers: 300, up 200% for the month, and 52.6% for the year (2,900).
Class A motorhomes: 1,100, up 22.2% for the month, and 122% for the year (13,100).
Class B motorhomes: 100, level for the month, and down 15.8% for the year (1,600).
Class C motorhomes: 700, up 16.7% for the month, and 72.1% for the year (10,500).

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