05/12/2023

5 December 2023
5 December 2023, Comments Comments Off on Canadian RV Association reports RV wholesale shipments into Canada dropped by 56.6% in third quarter
Canadian RV Association reports RV wholesale shipments into Canada dropped by 56.6% in third quarter

The Canadian Recreational Vehicle Association has reported that RV wholesale shipments into Canada in the third quarter (ending September 30th, 2023) decreased by 56.6% to 4,459 units compared to 10,269 in the same period in 2022.

In addition, RV wholesale shipments into Canada for nine months ending September 30th was 19,865 compared to 48,670 units in 2022, representing a decrease of 59.2%.

Commenting on the report, the CRVA said: “Dealers continued to liquidate prior year inventory on hand combined with transportation delay issues contributed to the much higher than anticipated decrease during the quarter.”

The RVDA of Canada reported that retail activity during the third quarter totaled 11,329 units and when compared to the wholesale shipment figure of 4,459 Canadian RV Dealer Inventory levels continued to significantly decrease during the period which would be considered abnormal compare to historical statistics

With Transport Canada’s ELD exemption for RV carriers effective October 20th, CRVA is optimistic that we will see an improvement in the fourth quarter.