Thursday, April 20, 2017

Motorcoach Sales Grow Steady, ABA Foundation Report Says

<p>A Volvo 9700 motorcoach (LCT file photo)</p>WASHINGTON, D.C. — The American Bus Association Foundation (ABAF) on April 20 released the first quarter 2017 Motorcoach Builder Survey, showing sales volume about same as last year.

Based on surveys of the major motorcoach manufacturers that sell vehicles in the U.S. and Canada, motorcoach sales from the participating manufacturers remained virtually unchanged over the prior year to a total of 803 units (547 new coaches and 256 pre-owned coaches).

“Last year, especially the fourth quarter, was very strong for motorcoach sales,” said ABA Foundation President Peter Pantuso. “We are seeing the same trend for 2017. The industry continues to grow and we have seen an upward trajectory with sales over the past few years since the end of the recession.”

Sales for the first quarter were dominated by private sales of new 45-foot motorcoaches, which saw an 18.5% increase over the same period in 2016. The less than 45-foot sales saw a slight decrease in the first quarter but are expected to pick up as the year progresses.

“We did see an increase in bigger buses this quarter, which is always a good sign for group travel,” Pantuso said. “While the quarter-over-quarter remained unchanged, the first quarter is usually a slower period for sales, but we expect sales of all sizes of coaches to pick up through the year.”

About the Report
Data were collected by John Dunham & Associates for the American Bus Association Foundation. John Dunham & Associates is a New York City-based economic consulting firm specializing in the economics of fast moving issues. Data, which reflect updated results from prior reports, were collected by John Dunham & Associates for the American Bus Association Foundation. Changes in data definitions and reporting occurred over the past quarter and are reflected in these figures.

About the ABA Foundation
The American Bus Association Foundation (ABAF) is the scholarship and research arm of the motorcoach, tour and travel industry. The largest non-profit in motorcoach group travel, the ABAF distributes $100,000 a year in scholarships to industry families and invests in research to demonstrate the important role motorcoach transportation plays in society.

Keywords

American Bus Association   bus manufacturers   buses   industry trends   motorcoaches   Peter Pantuso   vehicle sales   

 

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