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The wholesale market for converted vans and pickups continued to shrink in March, although the rate of decline was not as high as it was during the first two months of this year, according to the Recreation Vehicle Industry Association (RVIA).
Van-conversion shipments from factories to auto dealers declined 11.8% in March to 3,000 units, compared with 3,400.
For the entire the first quarter, van-conversion shipments plunged 24.2% to 7,500 units, compared with 9,900 in the first three months of 2003, the RVIA reported.
Shipments of converted pickups fell by 21.4% in March to 1,100 units, compared with 1,400 in March 2003. During the first quarter, deliveries of converted pickups were down by 39.1% to 2,800 units, compared with 4,600 in the first quarter of last year.
There were 300 converted sport utility vehicles (SUVs) shipped in March, the same number delivered in March 2003. Shipments of converted SUVs, however, were down by 42.9% in the first quarter to 800 units, compared with 1,400 in the same portion of last year.