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Market Summaries

News
President Obama signed into law Monday (June 29) legislation to renew the Generalized System of Preferences trade program, paving the way for the RV industry to recover $22 million in spent tariffs since July 2013, according to the RV Industry Association.
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Overall shipments of RVs dropped in May this year, failing to outperform the previous year on a month-to-month basis for the first time this season.
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The overall used RV market was mixed last month, with the auction price of motorhomes increasing in value, while towables decreased, according to Black Book market data.
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A large growth in advanced reservations for the upcoming Father’s Day weekend at Kampgrounds of America locations reflects a continued trend in this summer’s travellers at the campgrounds.
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The RV industry’s shipments will reach 380,000 units in 2015, a 6.5 percent increase from the 356,735 shipped in 2014, according to a forecast presented by RV Industry Association Vice President Mac Bryan at the Joint Committee Luncheon today (June 2).
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NADAguides.com announced Wednesday it has added various tools for motorcycles, RVs and boats, among others, to its mobile site.
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Forest River will break ground May 13 at its future Michigan site in White Pigeon.

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