News: RV Sales Are Slumping — So Now You Can Finance One With Your House. Plus F150 Production Halt & More
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The RV industry is gathering in Elkhart, Indiana, this week to show dealers the newest RVs for the coming model year — but they're doing it against a pretty rough backdrop.
New RV shipments fell another 16.4% in August and are now down 14.2% for the year. We break down what those numbers actually mean, which RV categories are getting hit hardest, and why this year's Elkhart Open House matters so much for manufacturers.
Also in this week's RV and camping news:
• Campground prices have fallen for the third consecutive month • Gas prices finally stopped climbing, while diesel dropped slightly • President Trump is considering restrictions on U.S. diesel exports • Forest River has launched a new financial-services company, including a home-equity product that could let qualified buyers finance an RV using equity in their house • Ford has temporarily halted F-150 production at its Dearborn Truck Plant because of a supplier shortage
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