Thor Industries Says Economic Woes Weighing on RV Demand

June 8, 2022

Thor Industries Inc. said macroeconomic factors are weighing on consumer demand for recreational vehicles after a pandemic-driven boom in the market.

The RV maker said North American demand remains strong as enthusiasm for the RV lifestyle continues to grow, though it added that demand is expected to be lower this season than in recent quarters. The company expects 2022 North American RV retail sales of between 460,000 and 480,000 units, operations chief Todd Woelfer said. MW