January RV wholesale shipments reflected a continuation of last year’s contraction with deliveries falling 70.7% and every sector posting sharp declines in year-over-year comparisons.
According to the Recreation Vehicle Industry Association (RVIA), overall January shipments totaled 7,300 units compared with 24,900 in the prior year. Industry experts have pointed to the lack of floorplan financing as a key contributor to the dropoff in wholesale shipments as dealers are unable to replace the product they sell.
Performance by sector included:
• Overall January towable shipments decreased 69.4% to 6,600 units from 21,600 the previous year and the motorized sector declined 78.8% to 700 units compared with 3,300.
• The travel trailer market declined 66.4% in January with 4,300 units shipped versus 12,800 a year ago.
• January Class A shipments were down over 77.8% with 400 units shipped compared with 1,800 in 2008.
• January Class C shipments were down 84.6% with 200 units delivered compared with 1,300 in 2008.
• For the month, fifth-wheel deliveries fell 76.3% to 1,400 units compared with 5,900 a year ago.
• The Class B sector declined 100 units to 100 in January.
• For the month, folding camping trailer shipments declined 65.2% to 800 units from 2,300 the year prior.
• January truck campers shipments fell 500 units to 100.