ABAF Motorcoach Manufacturing Report Shows the Decimation of COVID-19 is Having on the Industry

ABAF Motorcoach Manufacturing Report Shows the Decimation of COVID-19 is Having on the Industry

The American Bus Association Foundation – the largest non-profit organization in the motorcoach and group travel industry, with an emphasis on research and scholarships – released its third quarter 2020 Motorcoach Builder Survey. Based on surveys of the major motorcoach manufacturers that sell vehicles in the United States and Canada, motorcoach sales from the participating manufacturers saw a sharp dive year over year.

Compared to the third quarter 2019 (Q319), the motorcoach coach sales in the third quarter of 2020 (Q320) fell nearly 50 percent. New vehicle sales in the over 45-feet vehicles fell 63.2 percent from 495 in Q319 to 182 in Q320. Vehicles between 30-40 feet fell by 96.2 percent down from 52 to 2. The only sector that saw moderate growth was 40-45-feet vehicles which grew from 14 to 16 in Q320. The used vehicle market fell 11.3 percent from 221 vehicles in 2019 to 196 in the same quarter in 2020.

“All aspects of the motorcoach industry have been devastated by the COVID-19 pandemic, including the manufacturing sector,” said Peter Pantuso, president of the ABA Foundation. “Industry owners are barely making ends meet as travel has come to a standstill in the United States. It is predicted that if the industry does not see some sort of relief from the government by the end of the year, between 40-50 percent of the industry will be out of business. This will flood the market with vehicles. It may take years for the entire industry to return back to 2019 levels.”

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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. buses.org/aba-foundation

About the American Bus Association

The American Bus Association (ABA) is the trade organization of the intercity bus industry, with more than 1,000 motorcoach and tour company members in the United States and Canada. Its members operate charter, tour, regular route, airport express, special operations and contract services. Another 2,800 members are travel and tourism organizations and suppliers of bus products and services who work in partnership with the North American motorcoach industry.

Contact

Melanie Hinton, Director of Communications & Media Relations, ABA
Office: (202) 218-7220
Email: .(JavaScript must be enabled to view this email address)