For the second straight month, July retail sales of Class A motorhomes showed a slight decline – 2.5% – compared to last year’s totals, according to Statistical Surveys Inc.
However, Class A retail sales still were up 9.7% for the first seven months of this year compared to the same period in 2003.
Industry insiders do not consider the decline in July Class A sales to be a a sign of market weakness, but rather the result of robust Class A retail sales during July 2003 because of pent-up demand.
The retail market for RVs, particularly motorhomes, was soft during the first five months of 2003 because worries about the invasion of Iraq weakened consumer confidence. But the motorhome market rebounded during the summer of 2003, making summer of 2004 comparisons more difficult, industry analysts believe.
A total of 3,630 Class A’s were sold by dealers in July, compared with 3,723 in July 2003, the independent market research firm reports.
During the first seven months of this year, 26,411 Class A’s were sold, compared with 24,111 in the same period a year ago.
Meanwhile, Class C motorhome retail sales increased 8.6% in July to 1,941 units, compared with 1,787 units sold by dealers in July 2003.
For the first seven months of this year, Class C motorhome sales increased 19.1% to 13,234 units, compared with 11,109 a year earlier.
Statistical Surveys was unable to gather retail sales figures from Delaware or New Hampshire in time for its report. Also, it was not able to capture all of California’s sales by its reporting deadline. Statistical Surveys does not collect retail sales data from Hawaii.