Go Back   iRV2 Forums > iRV2.com COMMUNITY FORUMS > iRV2.com General Discussion
Click Here to Login
Join iRV2 Today

Mission Statement: Supporting thoughtful exchange of knowledge, values and experience among RV enthusiasts.
Reply
  This discussion is proudly sponsored by:
Please support our sponsors and let them know you heard about their products on iRV2
 
Thread Tools Search this Thread Display Modes
 
Old 07-28-2008, 08:18 AM   #1
Community Administrator
 
Route 66's Avatar


 
Newmar Owners Club
Retired Fire Service RVer's
Spartan Chassis
Join Date: May 2000
Location: Newark, DE
Posts: 25,622
From the internet;

All segments showed sharp wholesale shipment declines in June, down 31.9% in year-over-year comparisons as reported by the Recreation Vehicle Industry Association (RVIA).

Overall June shipments totaled 23,500 units compared with 34,500 in 2007. For the six months, deliveries fell 17.1% to 162,500 units from 196,000 a year ago.

Analysts see the downturn remaining in play into next year, as economic variables continue to stifle discretionary spending.

"Lower shipments reflect reduced industry capacity and reduced dealer orders amid falling retail demand and an uncertain outlook," said Craig Kennison, analyst for Robert W. Baird and Co., in a note to investors.

Kathryn Thompson with Avondale Partners LLC noted: "While lower interest rates are a potential positive, continued declines in consumer confidence, volatile gas prices and an overall tough economy have both customers and dealers reticent to make any purchases at either the retail or wholesale level. As we have outlined in our recent industry notes, we believe this current downturn could now surpass the early 90's 28-month downturn.

June travel trailer shipments fell 24.1%, perhaps reflecting that market is also feeling the effects of inventory reduction at the retail level. "June trends are consistent with our recent survey and our view is that a dealer inventory correction is needed across most categories as demand remains weak and dealers aim to increase turns," said Kennison.

For the month, trailer deliveries were 13,200 units versus 17,400 the year prior while shipments fell 12.9% to 86,800 units from 99,700 for the six months.

The Class A wholesale market showed no signs of recovery in June, dropping 56.3% to 1,400 units shipped from 3,200 last year. Through the second quarter, deliveries fell 42.5% with to 10,300 units from 17,900.

Other highlights from the report include:

" Overall June towable shipments decreased 27.4% to 20,900 units from 28,800 in 2007 and the motorized sector declined 54.4% % to 2,600 units compared with 5,700. Year-to-date, towable deliveries dropped 14.1% to 142,200 units from 165,600 a year ago while motorized deliveries declined 33.2% to 20,300 units versus 30,400.

" June Class C shipments were down 54.5% with 1,000 units delivered compared with 2,200 in 2007. Year-to-date the sector dropped 18.7% to 8,700 units from 10,700.

" For the month, fifth-wheel shipments fell 28.6% to 5,500 units from 7,700 in 2007. For the six months, the segment was down 13.2% with 38,700 units shipped compared with 44,600 the previous year.

" Class B deliveries were down 100 units to 200 in June and year-to-date dropped 500 units, or 27.8%, to 1,300.

" June folding camping trailer shipments declined 40% to 1,800 units from 3,000 a year ago and were down 21.5% for the six months with 13,500 units shipped versus 17,200.

" Truck camper shipments fell 300 units to 400 in June and declined 900 units, or 22%, to 3,200 year-to-date.
__________________

__________________
Adios, Dirk - '84 Real Lite Truck Camper, '86 Wilderness Cimarron TT, previously 4 years as a fulltimer in a '07 DSDP

Route 66 is offline   Reply With Quote
Join the #1 RV Forum Today - It's Totally Free!

iRV2.com RV Community - Are you about to start a new improvement on your RV or need some help with some maintenance? Do you need advice on what products to buy? Or maybe you can give others some advice? No matter where you fit in you'll find that iRV2 is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with other RV owners, see fewer ads, upload photographs, create an RV blog, send private messages and so much, much more!

Old 07-28-2008, 08:18 AM   #2
Community Administrator
 
Route 66's Avatar


 
Newmar Owners Club
Retired Fire Service RVer's
Spartan Chassis
Join Date: May 2000
Location: Newark, DE
Posts: 25,622
From the internet;

All segments showed sharp wholesale shipment declines in June, down 31.9% in year-over-year comparisons as reported by the Recreation Vehicle Industry Association (RVIA).

Overall June shipments totaled 23,500 units compared with 34,500 in 2007. For the six months, deliveries fell 17.1% to 162,500 units from 196,000 a year ago.

Analysts see the downturn remaining in play into next year, as economic variables continue to stifle discretionary spending.

"Lower shipments reflect reduced industry capacity and reduced dealer orders amid falling retail demand and an uncertain outlook," said Craig Kennison, analyst for Robert W. Baird and Co., in a note to investors.

Kathryn Thompson with Avondale Partners LLC noted: "While lower interest rates are a potential positive, continued declines in consumer confidence, volatile gas prices and an overall tough economy have both customers and dealers reticent to make any purchases at either the retail or wholesale level. As we have outlined in our recent industry notes, we believe this current downturn could now surpass the early 90's 28-month downturn.

June travel trailer shipments fell 24.1%, perhaps reflecting that market is also feeling the effects of inventory reduction at the retail level. "June trends are consistent with our recent survey and our view is that a dealer inventory correction is needed across most categories as demand remains weak and dealers aim to increase turns," said Kennison.

For the month, trailer deliveries were 13,200 units versus 17,400 the year prior while shipments fell 12.9% to 86,800 units from 99,700 for the six months.

The Class A wholesale market showed no signs of recovery in June, dropping 56.3% to 1,400 units shipped from 3,200 last year. Through the second quarter, deliveries fell 42.5% with to 10,300 units from 17,900.

Other highlights from the report include:

" Overall June towable shipments decreased 27.4% to 20,900 units from 28,800 in 2007 and the motorized sector declined 54.4% % to 2,600 units compared with 5,700. Year-to-date, towable deliveries dropped 14.1% to 142,200 units from 165,600 a year ago while motorized deliveries declined 33.2% to 20,300 units versus 30,400.

" June Class C shipments were down 54.5% with 1,000 units delivered compared with 2,200 in 2007. Year-to-date the sector dropped 18.7% to 8,700 units from 10,700.

" For the month, fifth-wheel shipments fell 28.6% to 5,500 units from 7,700 in 2007. For the six months, the segment was down 13.2% with 38,700 units shipped compared with 44,600 the previous year.

" Class B deliveries were down 100 units to 200 in June and year-to-date dropped 500 units, or 27.8%, to 1,300.

" June folding camping trailer shipments declined 40% to 1,800 units from 3,000 a year ago and were down 21.5% for the six months with 13,500 units shipped versus 17,200.

" Truck camper shipments fell 300 units to 400 in June and declined 900 units, or 22%, to 3,200 year-to-date.
__________________
Adios, Dirk - '84 Real Lite Truck Camper, '86 Wilderness Cimarron TT, previously 4 years as a fulltimer in a '07 DSDP

Route 66 is offline   Reply With Quote
Reply



Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
June 6 - 8 OkieCat Oklahoma Boomers 9 06-06-2008 06:39 PM
June 15-17 Jon and Sharon Florida Cooters 13 06-25-2007 10:39 AM
June 22 -24 Kissimmee Kids Florida Cooters 2 06-21-2007 04:37 PM
New England in June ISLAPP Navigation, Routes & Roads 2 01-02-2007 10:22 AM
June Macadoo Jersey Bob Northeast Region 8 08-25-2006 01:58 PM

» Virginia Campgrounds

Reviews provided by


Copyright 2002- Social Knowledge, LLC All Rights Reserved.

All times are GMT -6. The time now is 10:58 PM.


Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.