Motorcoach

ABA Foundation report finds coach sales up by 6.5% in Q4

Posted on January 26, 2017

MCI
MCI

Based on surveys of the major motorcoach manufacturers who sell vehicles in the U.S. and Canada, motorcoach sales in the fourth quarter from the participating manufacturers rose by 6.5% over the prior year to a total of 3,620 units (2,407 new coaches and 1,213 pre-owned coaches), according to the American Bus Association Foundation (ABAF).

“2016 was a stellar year for motorcoach manufacturers,” said ABAF President Peter Pantuso. “Last year showed a three percent growth in new motorcoach sales and a 14.3 percent growth in pre-owned coaches. As the industry continues to grow, operators are reinvesting their profits back into the comfort for their passengers.”

The survey showed that the growth was dominated by sales to private firms in 2016. Overall, new coach sales to companies were up by more than 195 units (10.9% increase). This was offset somewhat by a reduction in sales to public sector agencies of 125 units. In fact, after a flat year in 2014, sales to private firms have risen steadily suggesting that investors are bullish on the sector, and that firms are working to both upgrade equipment and open up new opportunities.

Looking deeper, there has been a marked increase in the private sector sales of new small (30 to under-40 foot) coaches compared to years past. In 2015, 184 vehicles were sold. Small coach sales in 2016 increased 44.6% to 266 vehicles. At the same time, sales of the largest coaches (those over 45 feet in length) stayed about the same.

“The increase in sales of smaller vehicles point to a shift that the motorcoach tourism industry has experienced over the past few years, as tours have become more specialized, catering to smaller groups, and more diverse agendas,” said Pantuso.

View comments or post a comment on this story. (0 Comments)

More News

Motorcoach is greenest mode of transportation, ABA report finds

Compared motorcoach travel to travel by private automobiles, heavy urban rail, light rail, urban transit bus, TNCs, and more.

Michigan Flyer expands service to Detroit Metropolitan Airport

Awarded three-year airport service contract, along with an option to renew for two more years.

UMA taps United Bus Technology as tech partner for Busrates.com

The site has long stood alone in the industry as a non-broker lead generation tool for charter bus operators in North America.

FMCSA revises final rule for lease and interchange of commercial buses

The change is estimated to save over $8 million in regulatory costs, without reducing safety.

Q2 motorcoach sales down slightly, ABA Foundation report finds

The biggest drop in sales was in the 40 to 45 foot group, which went from 15 sold in the second quarter of 2018 to 4 sold in the second quarter of 2019.

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The number 1 resource for vocational truck fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation