Steep uphill as recreation vehicle industry meets

Newswire

By James B. Kelleher LOUISVILLE, Kentucky, Nov 28 (Reuters) - The U.S. recreational vehicle industry faces a steep uphill, but top manufacturers and dealers, gathering this week for their annual convention, are banking on favorable demographics to restore RV sales. Retail sales of motor homes have fallen for 19 consecutive months as higher interest rates and gas prices and a slowdown in housing have weighed on consumer confidence. Further deterioration is seen for 2007, when shipments ...

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