RVIA Shipments

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RVIA Reports Wholesale Shipments for December

The Recreational Vehicle Industry Association reported wholesale shipments of 5,600 units in December, down 75% from the same period in 2007 amidst the current economic downturn. All segments were hit equally hard. 2008 was the lowest shipments year since 1993.

According to the RVIA and Dr. Richard Curtin, Director of Consumer Surveys at the University of Michigan, RV shipments are expected to be lower in 2009 as well as the current recession is expected to affect all sectors of the economy. Credit restrictions are causing RV buyers to delay purchases and RV dealers to keep inventories low. Sales in 2009 will be affected by high credit standards, falling employment, and continued declines in household wealth and home prices. Dr. Curtin predicts 2009 shipments will total 186,800. That would make 2009 the lowest record on year since 1991.

RV Wholesale Unit Shipments 2008

	2008 Q1			Q2			Q3			Q4			YTD
RV Wholesale Units (K)	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Total
Motorized
Motorhome (Class A)	1.8	1.8	2.3	1.8	1.2	1.4	0.9	0.9	1.0	1.0	0.4	0.4	14.9
Van Conversion (Class B)	0.2	0.2	0.2	0.3	0.2	0.2	0.1	0.2	0.1	0.1	0.1	-	1.9
Mini-Motorhome (Class C)	1.3	1.5	1.7	1.9	1.3	1.0	0.6	0.6	0.6	0.5	0.3	0.2	11.5
Motorized Total	3.3	3.5	4.2	4.0	2.7	2.6	1.6	1.7	1.7	1.6	0.8	0.6	28.3
Towables
Travel Trailers	12.8	14.8	15.9	16.6	13.5	13.2	9.5	9.2	8.6	7.4	3.4	3.2	128.1
5th Wheels	5.9	6.8	7.4	7.1	6.0	5.5	4.4	4.2	3.8	3.1	1.3	1.5	57.0
Folding Camper	2.3	2.0	2.0	3.1	2.3	1.8	1.1	1.5	0.9	1.2	0.4	0.3	18.9
Truck Campers	0.6	0.5	0.6	0.6	0.5	0.4	0.5	0.3	0.4	0.2	0.1	-	4.7
Towables Total	21.6	24.1	25.9	27.4	22.3	20.9	15.5	15.2	13.7	11.9	5.2	5.0	208.7
RV Total Units 2008	24.9	27.6	30.1	31.4	25.0	23.5	17.1	16.9	15.4	13.5	6.0	5.6	237.0

	Q1			Q2			Q3			Q4			YTD
RV Wholesale Units (K)	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Total
Motorized	3.3	3.5	4.2	4.0	2.7	2.6	1.6	1.7	1.7	1.6	0.8	0.6	28.3
Towable	21.6	24.1	25.9	27.4	22.3	20.9	15.5	15.2	13.7	11.9	5.2	5.0	208.7
Total Units 2008	24.9	27.6	30.1	31.4	25.0	23.5	17.1	16.9	15.4	13.5	6.0	5.6	237.0
Source: RVIA 2008

Δ% from Previous Year	2008 Q1			Q2			Q3			Q4			YTD
RV Wholesale Units (K)	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Total
Motorized
Motorhome (Class A)	-30.8%	-35.7%	-36.1%	-35.7%	-58.6%	-56.3%	-55.0%	-69.0%	-64.3%	-63.0%	-78.9%	-85.2%	-54.7%
Van Conversion (Class B)	-33.3%	-50.0%	-33.3%	50.0%	-33.3%	-33.3%	0.0%	-33.3%	-50.0%	-66.7%	-50.0%	-100.0%	-38.7%
Mini-Motorhome (Class C)	0.0%	7.1%	-10.5%	0.0%	-35.0%	-54.5%	-60.0%	-64.7%	-60.0%	-68.8%	-75.0%	-83.3%	-40.7%
Motorized Total	-21.4%	-23.9%	-27.6%	-18.4%	-48.1%	-54.4%	-55.6%	-65.3%	-62.2%	-65.2%	-75.8%	-85.4%	-48.9%
Towables
Travel Trailers	-3.0%	-1.3%	-15.0%	-7.3%	-22.9%	-24.1%	-35.8%	-41.4%	-37.7%	-47.9%	-69.1%	-70.9%	-28.9%
5th Wheels	-10.6%	-5.6%	-12.9%	-5.3%	-15.5%	-28.6%	-25.4%	-40.8%	-40.6%	-55.1%	-76.4%	-70.6%	-30.1%
Folding Camper	4.5%	-9.1%	-41.2%	-6.1%	-25.8%	-40.0%	-62.1%	-28.6%	-40.0%	-42.9%	-69.2%	-82.4%	-34.4%
Truck Campers	0.0%	-28.6%	-14.3%	-14.3%	-28.6%	-42.9%	-28.6%	-50.0%	-33.3%	-66.7%	-75.0%	-100.0%	-37.3%
Towables Total	-4.4%	-4.0%	-17.3%	-6.8%	-21.5%	-27.4%	-36.2%	-40.4%	-38.6%	-50.0%	-71.4%	-72.7%	-30.0%
RV Total Units	-7.1%	-7.1%	-18.9%	-8.5%	-25.6%	-31.9%	-38.7%	-44.4%	-42.5%	-52.5%	-72.1%	-75.0%	-32.9%

	Q1			Q2			Q3			Q4			YTD
RV Wholesale Units (K)	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Total
Motorized	-21.4%	-23.9%	-27.6%	-18.4%	-48.1%	-54.4%	-55.6%	-65.3%	-62.2%	-65.2%	-75.8%	-85.4%	-48.9%
Towable	-4.4%	-4.0%	-17.3%	-6.8%	-21.5%	-27.4%	-36.2%	-40.4%	-38.6%	-50.0%	-71.4%	-72.7%	-30.0%
Total Units	-7.1%	-7.1%	-18.9%	-8.5%	-25.6%	-31.9%	-38.7%	-44.4%	-42.5%	-52.5%	-72.1%	-75.0%	-32.9%
Source: RVIA 2008

RV Wholesale Unit Shipments 1995 - 2008

	Calendar Year														Annual Growth Rate '08
RV Wholesale Units (K)	1995	1996	1997	1998	1999	2000	2001	2002	2003	2004	2005	2006	2007	2008	1 Year	5 Year	10 Year
Motorized
Motorhome (Class A)	33.0	36.5	37.6	42.9	49.4	41.0	33.4	39.6	41.5	46.3	37.9	32.4	32.9	14.9	-54.7%	-18.5%	-10.0%
Van Conversion (Class B)	4.1	4.1	3.8	3.6	3.6	3.4	2.6	2.8	2.1	2.5	2.6	2.8	3.1	1.9	-38.7%	-2.0%	-6.2%
Mini-Motorhome (Class C)	15.7	14.7	13.6	17.0	18.6	16.5	13.2	18.0	18.3	23.0	20.9	20.9	19.4	11.5	-40.7%	-8.9%	-3.8%
Motorized Total	52.8	55.3	55.0	63.5	71.6	60.9	49.2	60.4	61.9	71.8	61.4	56.1	55.4	28.3	-48.9%	-14.5%	-7.8%
Towables
Travel Trailers	75.3	75.4	78.8	98.6	117.5	114.5	102.2	129.7	139.8	163.6	201.6	216.8	180.2	128.1	-28.9%	-1.7%	2.7%
5th Wheels	45.9	48.5	52.8	56.5	60.5	62.3	54.7	66.1	74.6	91.0	84.8	87.4	81.5	57.0	-30.1%	-5.2%	0.1%
Folding Camper	61.1	57.3	57.6	63.3	60.1	51.3	40.8	44.8	35.7	34.1	32.8	33.7	28.8	18.9	-34.4%	-11.9%	-11.4%
Truck Campers	11.9	11.0	10.3	10.8	11.5	11.1	9.9	10.0	8.8	9.6	8.8	8.7	7.5	4.7	-37.3%	-11.8%	-8.0%
Towables Total	194.2	192.2	199.5	229.2	249.6	239.2	207.6	250.6	258.9	298.3	328.0	346.6	298.0	208.7	-30.0%	-4.2%	-0.9%
RV Total Units	247.0	247.5	254.5	292.7	321.2	300.1	256.8	311.0	320.8	370.1	389.4	402.7	353.4	237.0	-32.9%	-5.9%	-2.1%

	Calendar Year														Annual Growth Rate '08
RV Wholesale Units (K)	1995	1996	1997	1998	1999	2000	2001	2002	2003	2004	2005	2006	2007	2008	1 Year	5 Year	10 Year
Motorized	52.8	55.3	55.0	63.5	71.6	60.9	49.2	60.4	61.9	71.8	61.4	56.1	55.4	28.3	-48.9%	-14.5%	-7.8%
Towable	194.2	192.2	199.5	229.2	249.6	239.2	207.6	250.6	258.9	298.3	328.0	346.6	298.0	208.7	-30.0%	-4.2%	-0.9%
Total Units	247.0	247.5	254.5	292.7	321.2	300.1	256.8	311.0	320.8	370.1	389.4	402.7	353.4	237.0	-32.9%	-5.9%	-2.1%
Source: RVIA 2008

Source: RVIA 2009