Rising Motorhome Sales
Wed Jan 13, 2010
Author: Windsor Genova
Source: AHN News
Sales of recreational vehicles from October 2008 to October 2009 rose 23 percent and an economist predicted a 27 rise in sales for this year.
Recreational Vehicle Industry Association (RVIA) president Richard Coon said Tuesday that the October-to-October sales of 16,600 units may total 159,500 wholesale units for 2009.
University of Michigan economist Dr. Richard Curtin said 2010 sales may hit 203,500 wholesale units.
Gerard Pedata of Pedata RV Center said retired baby boomers are helping stimulate the RV economy.
"Even as baby boomers are boosting RV sales now, it's the younger generations that are flocking to the RV lifestyle and are becoming increasingly avid supporters of the RV way of life. This creates a good outlook for RV sales in the coming years. Every indication is that RV sales will continue to grow as the worst of the recession passes," said Pedata.
