New Motorcoach Sales Up 15% YoY in Q3 Results
The American Bus Association Foundation released Q3 2024 motorcoach builders' results and found sales of new motorcoaches up 15% over the same quarter in 2023.
Washington D.C. / November 18, 2024 — The American Bus Association (ABA), the leading voice in North America’s motorcoach, charter bus, group travel, and tourism industries, today announced the Third Quarter 2024 Motorcoach Builders Survey. The survey, which is produced by the ABA’s research arm, the American Bus Association Foundation, is produced each quarter with data collected from surveys of the major motorcoach manufacturers that sell vehicles in the United States and Canada.
This quarter, the participating manufacturers sold 389 new and 47 pre-owned coaches, for a total of 436 motorcoaches. This compares with 442 during the third quarter of 2023. Sales of new motorcoaches have increased by 15.1% compared to the same quarter in 2023; however, the sale of pre-owned motorcoaches is 54.8% lower. Both the private and public sectors’ buying is higher than a year ago, increasing by 14.4% and 24.0%, respectively
“The motorcoach, charter bus, and group travel industries continue to build momentum, highlighted by a 15% increase in new motorcoach sales over last year’s quarter,” said Fred Ferguson, President and CEO of the American Bus Association and the American Bus Association Foundation. “This growth underscores the critical role motorcoaches play in connecting people with places nationwide, whether for leisure, business or travel. Looking ahead, our industry is dedicated to delivering safe, reliable and sustainable transportation options that connect communities and strengthen the group travel and mobility sectors.”
According to the data, Q3 sales are consistent with this quarter’s performance over the last two years. Although Q3 data for 2024 show only a 1.4% decrease compared to the same quarter in 2023, they are 44.2% lower than 2019 figures.
