A crowd of about 400 manufacturers and suppliers showed up bright and early Thursday (May 9) for the RV Power Breakfast at the RV/MH Hall of Fame in Elkhart, Ind, to learn more about the industry’s future, according to a report by the South Bend Tribune.
On the heels of an excellent first quarter and projections for the fourth straight year of increased shipments, they received more good news.
From north of our borders to the Far East, the short- and long-range forecasts look promising for the industry, said Richard Coon, president of the Recreation Vehicle Industry Association (RVIA).
In the case of China, it will take 10 years, Coon said, but the potential is huge. “China has tremendous potential for the manufacturers here,” he said. “It’s just barely starting to come about.”
“Go back and take a look at the auto industry in China,” Coon said in an interview after his talk. “The U.S. manufacturers have been working 10 years to bring that to fruition.
“China last year took over as the world’s leading producer of automobiles. What’s interesting about that is most of those are partnerships with U.S. manufacturers.”
That’s what the RV industry is hoping to have, too, he said.
“Everybody is worrying about them copying and coming back here,” he added, before again citing the automobile industry. “They’ve been doing it for 10 years. Somebody name me a Chinese-built car in the United States today. No such thing. There’s so much market there they can’t meet the market demand in their own country. They’re not going to come over here for quite a while.”
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