Recreational Vehicles on the move once again

Last Modified: Mon Apr 24 2017 00:09:19 GMT+0530 (India Standard Time)
  • 430,000
    Number of RV units that were sold in 2016, a 40-year high. Buoyed by cheap financing, rising wages and inexpensive gas, sales in 2017 are expected to far exceed this number.
  • 43%
    rise in share price of Thor Industries, the biggest RV-manufacturer in America in the past year. Share price of Winnebago, the third-largest, registered a 13% increase.
  • 90%
    of all RV buyers were white a decade ago, with an average age of 49 years.
  • 16%
    of current buyers are from ethnic minorities according to informal studies. The fastest-growing customer demographic is 35- to 44-year-olds.
  • $5,000
    At the inexpensive end average cost of a caravan.
  • $1 million
    or more - cost of deluxe versions - they are typically equipped with a bedroom, kitchen and bathroom that are bigger than in many European flats.