RVIA: Towables Fuel Rise in October Shipments
Wholesale shipments of all RVs were reported at 19,100 units in the Recreation Vehicle Industry Association’s (RVIA) October 2011 survey of manufacturers, ahead of last month by 12.4% and 15.1% ahead of this same month last year. Gains were recorded in both conventional and fifth-wheels with other categories even with or slightly less than the totals reported for those categories in October 2010.
Year-to-date, total shipments rose to 219,100 units through October this year, up 4% from this same 10-month period last year. Towable RV units increased by 4.3% while motorhomes were up 1.4% through October. On a seasonally adjusted basis, all RV shipments were at an annualized rate of 247,800 units through October this year.
Shipments were apparently boosted by Elkhart County’s 4th Annual RV Open House Week along with the aggressive finance programs introduced during the Sept. 19-23 event.