Monaco Coach Corp., the leading diesel-pusher Class A motorhome manufacturer, reported its motorhome shipments were down 18% in the second quarter of this year, when compared with the first quarter of 2002.
Monaco shipped a total of 1,708 gas- and diesel-engine Class A’s and Class C motorhomes in the three months ended June 28, compared with 2,095 units delivered in the same period a year earlier.
Monaco announced in early April it would lower its output 20% so it could reduce the size of its unsold “yard” inventory. The company reported this week that it lowered its finished goods inventory by $20 million in the second quarter.
Meanwhile, Monaco’s towable RV shipments declined 39% in the second quarter to 552 units, versus 901 units shipped in last year’s second quarter.
Separately, Monaco revealed this week it completed the 300,000-square-foot expansion of its towables assembly plant in Elkhart, Ind., in July. The expansion doubles Monaco’s towables output capacity to 130 units per week.
During the first half of this year, Monaco’s motorhome shipments declined 17% to 3,345 units, compared with 4,018 units shipped in the first half of 2002.
The company’s towables shipments declined 27% in the first half of this year to 1,221 units, versus 1,670 units delivered in the same portion of last year.