RVBusiness, March/April 2019
in the future But 47 think the industry will embrace electric power to an extent as the world and technology evolve A Sampling of Comments Culled From this Years Survey Respondents On the general outlook for 2019 I think our business will continue to grow because of the younger generation seemingly interested in buying but the manufacturers need to develop more units that are lighter and more affordable Also campgrounds need to become more appealing and affordable It must have been a lot easier for RV manufacturers when the typical RVer was an older white couple Now RVers are getting younger and more diverse This means RVs have to meet the needs and wants of numerous demographics which is great for RVers but a nightmare for the purchasing department Interest rates affect the industry very much If feds leave the prime rate alone business will be strong again this year Retail is very good Its really hard to say exactly where the RV industry is headed All indications are fairly good But if youve been in this industry long enough you know there are dips in the market coming Its definitely a viable industry and it will sustain any upcoming downturns You just need to be somewhat ready or able to adapt when it does hit us One thing is certain its been a great recovery run these last seven plus years On the factors most impacting the RV sector in 2019 As long as the Democrat party stays away from socialism and out of my pocket and capitalism is in power We all will be OK We all have to work closer as an industry in the overall supply chain suppliers OEM amount built and dealers reasonable stock levels Then we need to continue to transform the products and quality to meet a higher standard of consumer acceptance Manufacturers have to build better quality vehicles to keep our RVers wanting to continue RVing Theres too many big store operations and customers do not like the service problems and manner they are treated after the sale making customers having a negative attitude On how long it will take the industry to resolve high field inventories Manufacturers have created this inventory glut in their haste to increase production unfettered and at the expense of quality and then dealers That said how long in your view will it take for the industry to resolve high RV field inventories in the U S and Canada 10 35 Federal fiscal policies Tariff related pricing issues 55 Interest rates plus or minus DC politics All of the above Your thoughts on RVIAs planned RV Technical Institute which 32 RVBusiness M A R C H A P R I L 2 0 1 9 Which of the following factors will most impact the North American RV arena for better or worse during 2019 1 18 15 62 4 12 41 47 is due for a nationwide rollout during 2019 A service related game changer A potential boon if well executed An unknown at this point in time First quarter First five months Possibly longer
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