RVIA president believes the worst is behind

12/03/2009

rvdailyreport.com

RVIA president believes the worst is behind 

Greg Gerber posted on December 03, 2009 07:43

LOUISVILLE, Ky. -- After a year of continually being used to illustrate the depth and pain of the recent economic recession, the RV industry gladly declared Tuesday morning that the gloomy days are over and the recovery has begun.

Richard Coon, Recreational Vehicle Industry CEO, is looking for the industry to follow historic patterns and make a steady climb out of this slump, in part because of the growing baby boomer market and pent-up demand. In fact, the worry now is the industry will accelerate too quickly and manufacturers will not be able to fill consumer orders.

This will leave a lot of disappointed customers, Coon said. When buyers walk into dealerships in the spring, they may be told they will have to wait perhaps six or even 10 weeks before one is available.

"Every recession we've had, it's been difficult for the manufacturers coming out of those recessions to produce enough product to meet the needs," Coon said.

To read the complete story in the Elkhart Truth, click here.