Top 10 RV Industry News Stories of December 2023

Table of Contents

RV news Dec 2023From declining RV sales and growing winter camping popularity to electric RV developments, these are the top RV news stories of December 2023. Let’s unpack it.

 


1. RV Sales are 16.4% Down


According to Statistical Surveys Inc. (SSI), there have been 342,381 retail RV registrations through October, which is 16.4% less than the 409,805 units recorded in the same month in 2022.


Here are the 2023 sales per RV type compared to 2022:

 

  • Class A – 629 vs 811 units in October 2022, which is a 22.4% downturn. 
  • Class C – 1,235 vs 1,593, a 22.5% drop. 
  • Class B – 864 vs 1,082, a 20.1% decrease. 
  • Travel Trailers – 15,056 vs 18,162, a 17.1% drop. 
  • Fifth-Wheels – 4,394 vs 4,998 units, a 12.1% drop. 
  • Small Camping Trailers – 338 vs 427, a 20.8% drop. 
  • Park Models – 168 vs 188, a 10.6% drop.


2. Different RV Industry Players Project a Rebound


Although 2023 has seen a slump in RV sales, key industry players are optimistic about the future. First, RVIA Projects 350,000 RV shipments in 2024 compared to 307,700 in 2023. Impressively,
shares of companies that make and sell boats and RVs rose high in December, as investors are anticipating interest rate cuts in 2024. Winnebago Industries, Inc. also maintains a bullish position on the future of the RV industry. 


3. THOR Industries Announces a $2.5B Profit in Q1 2024


Despite a soft demand environment, Thor Industries still managed $2.5B in net sales in the first quarter of fiscal year 2024. Appearing in
RVBusiness Capitol Talk Bob Martin, president and CEO of THOR Industries Inc, says he anticipates even better performance in the future.


4. Canadian RV Industry is Performing Well


The
Canadian RV sector is already seeing a positive impact, with a study by Portage Group Inc. and Parcel Economics Inc., showing that it sustained around 104,200 jobs and delivered $12.0 billion in added value to the Canadian economy. The report also found that 2.1 million or 14% of Canadian households own an RV.


5. Dyrt App Survey Shows Winter Camping Remains at an All-time High


A new Dyrt survey reveals that 31.2% of campers went on a camping trip during the winter in 2023. The winter camping trend started during the pandemic, and it isn’t about to lose steam. Dyrt is a top-rated app for finding campsites, viewing photos, and reading camper reviews. It was also the most downloaded camping app in 2023, with nearly a million downloads.


In other
RV app news, RVSpace4Rent.com is a newly launched camper storage space listings website that helps users find a place to store their rig and recreational toys. You can search for space by location and amenities provided.


6. RV Dealers Continue to Expand


General RV is set to acquire the family-owned Independence RV in Florida, creating its 20th Supercenter. In other RV news, Blue Compass RV dealership has just announced the opening of 9 new retail stores in California and Nevada. 


After a fire severely damaged Encore RV’s 15,000-square-foot production facility, the company has now taken possession of a 60,000-square-foot location in Elkhart, Indiana.


7. The Latest Electric RV News


Here are some enticing RV news for campers looking forward to electrified RVing:

 

  • Ford has filed a patent for an electric pickup truck that is designed with camping in mind. Its exterior will fit a car tent, and the interior seats fold flat to provide additional sleeping space. 
  • The RV Industry Association is pushing state officials to think about recreational travelers when making plans to build electric vehicle charging stations. States have already received large amounts of federal funds for the expansion of EV infrastructure. 
  • Ahead of initial production scheduled for 2024, Lightship RV is offering a peek behind its battery-powered, all-electric travel trailer. It has a drive motor to reduce the towing demand for the vehicle that pulls it, thus extending your EV’s range. It also comes loaded with solar panels to charge onboard batteries as well as your EV. 
  • A new survey by RVelectricty’s Mike Sokol revealed that RVers are split on whether they prefer campgrounds to meter pedestal power. 17% said they already charge too much, 14% said they can meter power usage if they guarantee full power, while 20% said only pedestals used by EVs should be metered. Interestingly, 50% said it’s fair for campgrounds to meter everyone’s electricity.


8. New RV Models Unveiled in December


Here are some top RV brands that have debuted new models:

 

  • Fleetwood has launched its first-ever Class B motorhomes: The Xcursion and Holiday Rambler Xpedition. 
  • Aliner just marked its 40th-anniversary milestone by unveiling a luxury limited edition A-frame camper. 
  • Oliver just shipped the first two 2024 Legacy Elite II trailers to its dealer partner, Southland RV.


9. RV News on Shows and Events


Here are RV events that have hit the headlines:

 

  • The 2024 Ohio RV Supershow will be held on January 10-14 at the I-X Center in Cleveland. 
  • Registration is open for the Florida RV Supershow’s industry days, which will be held on Jan. 16 from 10 a.m. to 4 p.m. at the State Fairgrounds in Tampa. 
  • The inaugural RV technology summit will be held on Jan. 18, 2024, at the Seminole Hard Rock Hotel & Casino in Tampa Bay. 
  • There are plans in the works for a bigger Hall of Fame RV Supplier Show where suppliers will showcase their products in front of thousands of dealers and manufacturers. The event will be held in a new 36,000-square-foot convention center.


10. Hotel Elkhart Promoting New ‘RV Repair & Restore Experience’


Hotel Elkhart, a distinguished Hilton brand, has introduced a package that caters to RV enthusiasts visiting the RV capital of the world, Elkhart, Indiana. As your RV is being repaired or restored, you can enjoy upscale conveniences at the hotel, ranging from luxurious Kingsdown Capeplush mattresses and spa-inspired bathrooms to drool-worthy cuisine.


December RV Industry News Roundup


There you have it, the top RV stories of the month of December 2023. Check out our monthly
RV news roundups to stay up to date with the biggest headlines in the RV camping industry.