Top

SSI: Motorhome Sales Jump 19% During April

June 17, 2014 by · Leave a Comment 

                                                                                                                                               Year-over-year motorhome registrations grew 19.1% in April and 14.5% for the first four months, according to the latest report from Statistical Surveys Inc. (SSI).

Thor Industries Inc. held the No. 1 spot year-to-date with a 26.5% market share followed by Forest River Inc. (24.4%) and Winnebago Industries Inc. (19.9%).

In the Class A category, April sales grew 17.4% compared with the previous year and were up 14.4% for the four months. Thor led the sector year-to-date, posting a 22.5% market share, followed by Winnebago (19.7%), Tiffin Motorhomes Inc. (16%) and Forest River (15.9%).

Class C sales rose 20.8% for the month and 14.6% year-to-date. Forest River was the sales leader for the four months with a 33.6% market share while Thor (30.9%) was No. 2 and Winnebago (20.1%) held the No. 3 position.

To subscribe to this or other SSI reports, contact Scott Stropkai, national RV sales manager, at (616) 281-9898 ext. 128, or (616) 446-8179 (cell).

[Slashdot] [Digg] [Reddit] [Facebook] [Google] [StumbleUpon]

SSI: Canadian Motorhome Sales Down 7.4%

May 23, 2014 by · Leave a Comment 

                                                                                                                                               A dropoff in Class C sales offset gains in the Class A segment as year-over-year Canadian motorhome sales were down 7.4% in March. Statistical Surveys Inc. reported that overall sales edged up 3.1% for the first quarter.

Forest River Inc. was the Canadian motorhome sales leader year-to-date, capturing a 31.6% market share, followed by Winnebago Industries Inc. (16.9%) and Thor Industries Inc. (16.5%).

March Class A registrations gained 8.6% while year-to-date sales rose 6%. Forest River was No. 1 through March with a 25.3% market share, ahead of Winnebago (18.4%), Fleetwood RV Inc. (17.1%) and Thor (16.5%).

In the Class C segment, March sales dropped 24.6% from a year ago and slipped 0.9% for the three months. Forest River led the category with a 40.7% share followed by Jayco Inc. (21.3%), Thor (16.7%) and Winnebago (14.8%).

To subscribe to this or other SSI reports, contact Scott Stropkai, national RV sales manager, at (616) 281-9898 ext 128, or (616) 446-8179 (cell).

[Slashdot] [Digg] [Reddit] [Facebook] [Google] [StumbleUpon]

SSI: Class B Sales Flat in March; Up 18% YTD

May 16, 2014 by · Leave a Comment 

                                                                                                                                               Year-over-year Class B motorhome sales were flat in March, up 0.6%, but showed an 18.4% gain for the first three months, according to the latest report from Statistical Surveys Inc.

Roadtrek Motorhomes Inc. was No. 1 in year-to-date Class B sales, owning a 40.5% market share, followed by Thor Industries Inc. (24%) and Winnebago Industries Inc. (18.3%).

To subscribe to this or other SSI reports, contact Scott Stropkai, national RV sales manager, at (616) 281-9898 ext. 128, or (616) 446-8179 (cell).

[Slashdot] [Digg] [Reddit] [Facebook] [Google] [StumbleUpon]

SSI: March Motorhome Sales Post 5.7% Gain

May 15, 2014 by · Leave a Comment 

                                                                                                                                               Year-over-year motorhome registrations grew 5.7% in March and 9.7% for the first three months, according to the latest report from Statistical Surveys Inc. (SSI).

Thor Industries Inc. held the No. 1 spot year-to-date with a 28.4% market share followed by Forest River Inc. (23.4%) and Winnebago Industries Inc. (18%).

In the Class A category, March sales grew 7.1% compared with the previous year and were up 10.4% for the three months. Thor led the sector through March, posting a 22.2% market share, followed by Winnebago (20.3%), Tiffin Motorhomes Inc. (16.4%) and Forest River (15.6%).

Class C sales rose 4.3% for the month and 8.7% year-to-date. Thor led the category for the three months with a 35.8% market share while Forest River (32.7%) was No. 2, followed by Winnebago (15.4%) and Jayco Inc. (9.3%).

To subscribe to this or other SSI reports, contact Scott Stropkai, national RV sales manager, at (616) 281-9898 ext. 128, or (616) 446-8179 (cell).

[Slashdot] [Digg] [Reddit] [Facebook] [Google] [StumbleUpon]

SSI: Canadian Towable Sales Off 12.1% for Feb.

April 21, 2014 by · Leave a Comment 

                                                                                                                                               Year-over-year Canadian towable retail sales decreased 12.1% in February and 9.3% for the two months, according to the latest report from Statistical Surveys Inc.

Results by segment showed:

• Sales in the travel trailer sector fell 8.4% in February and 6.2% year-to-date.

• Canadian fifth-wheel sales declined 18.9% for the month and 14.3% through February.

• Folding camping trailer registrations declined 25% in February and 19.4% for the two months.

• Canadian sales of recreational park trailers, which totaled three units, were down 90% for the month and 80% year-to-date.

Thor Industries Inc. was the overall Canadian towables sales leader through February with a 35.8% market share, followed by Forest River Inc. (31.9%) and Jayco Inc. (12.6%).

Thor was also the leader in travel trailer sales for the two months holding a 33.9% market share, while Forest River was No. 2 (30.1%) and Jayco was No. 3 with a 14.3% share.

Thor was the leader in the Canadian fifth-wheel sector year-to-date, capturing a 46.9% market share, with Forest River at No. 2 posting a 32.1% share followed by Jayco at 6.2%. In the park model sector, Thor and Woodland Park were the only manufacturers to post sales.

Forest River led Canadian folding camping trailer sales for the two months with a 70.4% market share while Jayco posted a 20.4% share and Chalet RV Manufacturing held a 7.4% share.

To subscribe to this or other SSI reports, contact Scott Stropkai, national RV sales manager, at (616) 281-9898 ext. 128, or (616) 446-8179 (cell).

[Slashdot] [Digg] [Reddit] [Facebook] [Google] [StumbleUpon]

Thor’s K-Z Purchase Fuels Consolidation Trend

April 19, 2014 by · Leave a Comment 

K-Z's headquarters in Shipshewana

K-Z’s headquarters in Shipshewana

The continued consolidation of the North American RV industry was underscored by Thursday’s (April 17) announcement that Thor Industries Inc. had reached an agreement to acquire Shipshewana, Ind.-based towable RV builder K-Z Inc. in a $53.4 million transaction set to close May 1.

News that K-Z, led by founder and CEO Daryl Zook, was being purchased by the nation’s largest RV builder came only weeks after No. 3 Jayco Inc. bought Shipshewana’s Open Range RV Co., and a few months after Thor acquired specialty trailer manufacturer Bison Coach and Livin’ Lite Recreational Vehicles LLC.

So, for those keeping score, it stacks up like this: Add Thor’s current 36.7% retail market share to that of tightly competitive No. 2 Forest River Inc.’s 33.4% as well as Jayco’s 11.8% and Winnebago Industries Inc.’s 3.1% and you’ve got 85% of U.S. RV retail sales occupied by the four largest manufacturers, reports Tom Walworth, president of Statistical Surveys Inc., Grand Rapids, Mich.

The rest is spread out among some 60 companies. And while there’s never been a similar scenario in the RV business, even in the ‘80’s and ‘90’s when Fleetwood Enterprises Inc. pretty much ruled the roost with 33% to 35% of retail sales, Thor President & CEO Bob Martin feels the current trend is a good thing – at least for Thor and the other front-line players.

“I think that it’s good for all – for lending institutions and dealers, for them to know that they’re dealing with companies that have solid backgrounds and financials,” says Martin. “We also see this (consolidation) on the dealer side, and we feel that’s healthy as well. You see some of the large dealers who have expanded into other (geographic) markets. You know, for us, we have relationships with them and it’s positive in many areas in just being familiar and having relationships and then growing with them. So, I do (generally view it as a good thing), and I see where there can be more consolidation going on in the future.”

Tom Walworth

Tom Walworth

Walworth considers the current spate of acquisitions a byproduct of a growing marketplace that still has plenty of room to grow to reach its pre-recessionary peak. “If you take a look at the market overall,’ said Walworth, “the total market at retail for 2013 was basically 246,700 units. In 2004, prior to the Hurricane Katrina era, the market did 319,000 (units) and 320,000 in 2005. So, I think that this market’s got about 74,000 units more to sell just to get back to where they were.

“Bottom line, there’s more gas in the tank,” says Walworth, who ultimately foresees growth well beyond pre-recessionary highs considering the industry’s merging demographics, including the arrival of “mass numbers” of Baby Boomers possessing “more money than any generation in history” plus Millennials who seem poised to buy into the RV universe at a robust pace.

“All things considered, I think that this market has a lot more growth potential in it, and this growth potential, I think, gives these companies the incentive to go out and buy anything that would be out there that’s available – either for market share or for capacity,” said Walworth, who hasn’t seen this same degree of consolidation in the marine, utility trailer and manufactured housing sectors. “But we still have a lot of growing in this industry just to get back to where we were.”

[Slashdot] [Digg] [Reddit] [Facebook] [Google] [StumbleUpon]

SSI: Towable Sales Flat in February, Grow 1.2%

April 17, 2014 by · Leave a Comment 

                                         Year-over-year retail towable registrations remained flat in February, up 1.2%, and showed a 2% gain for the first two months.

According to the latest report from Statistical Surveys Inc., results showed:

• Sales for the high-volume travel trailer sector grew 4.5% for the month and 6.3% year-to-date.

• Fifth-wheel registrations declined 4.9% for February and 6.2% for the two months.

• Folding camping trailer sales were down 14.2% for the month and 12.1% through February.

• Recreational park trailer sales fell 6.5% in February, but edged up 1.1% for the two months.

Forest River Inc. was the towable sales leader through February with a 34.8% market share, edging out Thor Industries Inc., which posted a 34% share. Jayco Inc. was No. 3 with a 10% share.

By segment, Forest River was No. 1 in year-to-date travel trailer sales with a 35.4% share, ahead of Thor (30.1%) and Jayco (12.3%). Thor was No. 1 in fifth-wheel sales, capturing a 48.5% market share, followed by Forest River (30.7%), Grand Design RV Co. (5.2%) and Jayco (4.7%).

Forest River was the folding camping trailer sales leader for the two months with a 68% market share while Columbia Northwest/Aliner Inc. (12.2%) held the No. 2 position followed by Jayco (9.1%). In the park model segment, Skyline Corp. was No. 1 with a 13.1% share, while Thor and Champion Home Builders tied for second with a 12.6% share. Kropf Manufacturing Co. Inc. was third, capturing an 11.5% share.

To subscribe to this or other SSI reports, contact Scott Stropkai, national RV sales manager, at (616) 281-9898 ext. 128, or (616) 446-8179 (cell).

[Slashdot] [Digg] [Reddit] [Facebook] [Google] [StumbleUpon]

SSI: Class B Sales Grow 32.7% During February

April 14, 2014 by · Leave a Comment 

                                         Year-over-year Class B motorhome sales rose 32.7% in February and 27.5% for the two months, according to the latest report from Statistical Surveys Inc.

Roadtrek Motorhomes Inc. was No. 1 in year-to-date Class B sales, owning a 39.4% market share, followed by Thor Industries Inc. (25.8%), Winnebago Industries Inc. (17%) and Pleasure-Way Industries Ltd. (11.7%).

To subscribe to this or other SSI reports, contact Scott Stropkai, national RV sales manager, at (616) 281-9898 ext. 128, or (616) 446-8179 (cell).

[Slashdot] [Digg] [Reddit] [Facebook] [Google] [StumbleUpon]

SSI: Motorhome Sales Edge Up 2.3% in February

April 11, 2014 by · 1 Comment 

                                         Year-over-year motorhome registrations grew 2.3% in February and 7.7% for the first two months, according to the latest report from Statistical Surveys Inc. (SSI).

Thor Industries Inc. held the No. 1 spot year-to-date with a 26.6% market share followed by Forest River Inc. (22.1%) and Winnebago Industries Inc. (19.4%).

In the Class A category, February sales grew 10.1% compared with the previous year and were up 6.7% for the two months. Thor led the sector through February, posting a 22.1% market share, followed by Winnebago (21.2%), Tiffin Motorhomes Inc. (16.4%) and Forest River (15.5%).

Class C sales fell 6.8% for February but gained 9.1% year-to-date. Thor led the category for the two months with a 32.9% market share while Forest River (31.2%) was No. 2, followed by Winnebago (17%) and Jayco Inc. (10.7%).

To subscribe to this or other SSI reports, contact Scott Stropkai, national RV sales manager, at (616) 281-9898 ext. 128, or (616) 446-8179 (cell).

 

 

 

[Slashdot] [Digg] [Reddit] [Facebook] [Google] [StumbleUpon]

SSI: Canadian Towable Sales Off 7% in January

March 22, 2014 by · Leave a Comment 

Year-over-year Canadian towable retail sales decreased 7% in January, according to the latest report from Statistical Surveys Inc.

Results by segment showed:

• Sales in the travel trailer sector dipped 5.3% in January.

• Fifth-wheel sales decreased 9.2% for the month.

• Folding camping trailer registrations declined 6.7% in January.

• January sales of recreational park trailers, which totaled two units, were down 60%.

Thor Industries Inc. was the overall Canadian towables sales leader in January with a 34.4% market share, followed by Forest River Inc. (33.3%) and Jayco Inc. (13.9%).

Thor was also the leader in travel trailer sales for the month holding a 32% market share, edging Forest River (30.7%), while Jayco was No. 3 with a 16.3% share.

Thor was the leader in the Canadian fifth-wheel sector in January, capturing a 44.5% market share, with Forest River at No. 2 posting a 36.1% share followed by Jayco at 6.7%. In the park model sector, Thor and Woodland Park each sold one unit in January.

Forest River led Canadian folding camping trailer sales for the month with a 71.4% market share while Jayco posted a 21.4% share and Chalet RV Manufacturing held a 7.1% share.

To subscribe to this or other SSI reports, contact Scott Stropkai, national RV sales manager, at (616) 281-9898 ext. 128, or (616) 446-8179 (cell).

[Slashdot] [Digg] [Reddit] [Facebook] [Google] [StumbleUpon]

« Previous PageNext Page »

Bottom