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Retail sales of Class A motorhomes increased only 1.1% in July, but the more significant figure for the RV industry is that the number of Class A’s sold to retail buyers in July was larger than the number shipped from manufacturers to dealers that month.
Retail sales of Class C’s in July also exceeded wholesale shipments, which suggests the wholesale market for Class A’s and C’s should remain strong for the coming months.
Specifically, there were 3,167 Class A’s retailed in July in the 48 states from which Statistical Surveys Inc. was able to gather data. Meanwhile, the members of the Recreation Vehicle Industry Association (RVIA) reported that they shipped 3,000 Class A’s to their dealers in July.
Therefore, dealer inventories actually shrunk in July by more than 167 – the difference between retail sales and shipments, plus however many units could not be included in the monthly figures. The reason they couldn’t be included is that Statistical Surveys was unable to gather motorhome retail sales figures from New Hampshire, and it does not collect retail sales data from Canada and other export markets.
Meanwhile, during the first seven months of this year, Statistical Surveys found that 21,833 Class A’s were retailed in the 48 states while RVIA members reported shipping 22,700 Class A’s during the period.
In the Class C market, there were 1,536 units retailed in the 48 states in July, compared to 1,400 Class C’s shipped from factories to dealers that month.
For the first seven months of this year, Class C retail sales totaled 9,597 units in the 48 states, while the manufacturers reported shipping 11,000 Class C’s to their dealers during the period.