The shrinkage of the van-conversion market continued in May and the wholesale demand for converted pickups and sport utility vehicles (SUVs) also cooled that month, according to the Recreation Vehicle Industry Association (RVIA).
Van-conversion shipments from the factories to auto dealers declined 16.3% in May to 3,600 units, compared with 4,300 units delivered in May 2002.
After the first five months of this year, van conversion deliveries were down 12.8% to 17,100 units, compared with 19,600 units shipped in the first five months of last year.
Meanwhile, shipments of converted pickups fell 33.3% in May to 1,200 units, compared with 1,800 units delivered a year earlier. However, shipments of converted pickups were up 16.9% in the first five months of this year to 6,900 units, compared with 5,900 units delivered a year earlier.
Converted SUV shipments followed a similar pattern, declining 40% in May to 300 units, versus 500 units shipped in May 2002. But after the first five months of this year, converted SUV shipments were up 10.5% to 2,100 units, compared with 1,900 units delivered in the same portion of 2002.