Towable RV shipments declined a modest 4% while motorhome deliveries were down 20.3% in June, according to the Recreation Vehicle Industry Association (RVIA).
As a result of the sharp decline in shipments that began in April, motorhome deliveries were down 5.1% when the first half of 2000 is compared with the first half of 1999.
However, towable RV deliveries were up 4.4% during the first half of this year, the RVIA reports.
Higher interest rates, which have had a huge impact on dealers’ inventory carrying costs, are blamed for the sharp reduction in motorhome ordering that began in April, according to most industry observers.
Class A motorhome shipments declined 17.5% in June to 3,300 units and were down 5.6% during the first half of this year to 23,700 units.
Among towable RVs, fifth-wheel deliveries were down 3.8% in June to 5,100 units but were up 10.3% during the first half of this year to 34,400 units.
Travel trailer shipments declined 1.8% in June to 10,900 units but were up 7.6% during the first half of this year to 67,700 units.
Folding camper shipments declined 10% in June to 4,500 units and were down 7.6% during the first half of this year to 30,200 units.