November RV sales hit 30-year low
Recreational-vehicle shipments for U.S. makers such as Winnebago and Thor tumbled 72 percent in November to the lowest for the month in at least 30 years as credit tightened in the middle of the recession.
Deliveries to retailers plunged to 6,000 from 21,500 a year earlier, the fewest for a November since at least 1978, the Recreation Vehicle Industry Association said on its Web site.
“Credit tightening, both in retail and wholesale financing, has driven persistence production totals dramatically diminish,” and equable fewer deliveries may be recorded toward December, the trade group said Tuesday.
