A soft retail market continued to plague motorized sales during May, dragged down by a nearly 21% decline in Class A registrations compared to last year, according to Statistical Surveys Inc.
Overall, May motorized sales fell 15.7% to 5,534 units from 6,562 in 2004, marking the second straight month the sector experienced a double-digit decline. For the first five months, retail registrations were 4.7% behind last year’s pace with 25,634 units sold compared to 26,894.
The retail data reinforces correlating industry reports for the month. According to the Recreation Vehicle Industry Association, motorized wholesale shipments from manufacturers declined 8.3% in May while the latest information from Spader Business Management showed new inventory levels on dealers lots, including towables, remained 17% to 19% higher than last year.
Retail sales of Class A diesel motorhomes, representing a 48% share of the entire Class A market during May, were down 23% from 2004 while gas sales declined 17%. Year-to-date, diesel sales were 5% lower than last year while gas registrations were off 9%.
Other highlights include:
• For the first five months, Class A sales declined 6.5% to 17,017 units from 18,200 last year while 3,313 units were sold in May versus 4,171 in 2004.
• For the month, Class C registrations dropped 7.1% with 2,221 units sold versus 2,391 in 2004. Cumulative Class C sales through May dropped 0.9% with 8,617 units sold compared to 8,694 in 2004.