Record Results for THOR Industries’ Erwin Hymer Group – RVBusiness – Breaking RV Industry News
BAD WALDSEE, Germany – In the 2023/24 fiscal year, the Erwin Hymer Group (EHG) achieved record sales of $3.36 billion and is the market leader in Europe with a market share of 23.6% of new registrations.
In the 2023/24 fiscal year, THOR Industries, the world’s leading manufacturer of recreational vehicles, achieved a turnover of $10.04 billion with just over 22,000 employees and 186,908 vehicles sold. The Erwin Hymer Group, as a European subsidiary with close to 8,900 employees and 55,317 vehicles sold, contributed $3.36 billion to the total turnover. The company thus achieved the highest turnover in its history and exceeded expectations, according to a company release.
The Erwin Hymer Group was able to increase its market share of new registrations in Europe by adding 3.5% of market share in the first half of 2024. With a total market share of 23.6% EHG is the leading manufacturer of recreational vehicles in Europe and is ranked first in several categories:
- No. 1 in Europe – total recreational vehicles
- No. 1 in Europe – motorized recreational vehicles
- No. 1 in Europe – camper vans
- No. 1 in Europe – urban campers (manufacturers of recreational vehicles without automotive OEMs)
“Our figures demonstrate the attractiveness of our brands and the high demand for our products. In a challenging market environment, we’ve succeeded in achieving our ambitious growth targets and significantly increasing our operating profitability. This gives us the tailwind we need to implement our strategic goals in the areas of sustainability, innovation and digitalization,” said Alexander Leopold, CEO of the Erwin Hymer Group.
About the Erwin Hymer Group
The Erwin Hymer Group is a 100% subsidiary of THOR Industries, the world’s leading manufacturers of recreational vehicles with just over 22,000 employees worldwide. The Erwin Hymer Group unites motorhome and caravan manufacturers as well as motorhome and caravan accessory specialists, hire and financing services under one roof. The motorhome and caravan brands Buccaneer, Bürstner, Carado, Crosscamp, Dethleffs, Elddis, Eriba, Etrusco, Hymer, Laika, LMC, Niesmann+Bischoff, Sunlight and Xplore, the rental companies Crossrent, McRent and rent easy, the chassis specialist Goldschmitt, the accessories specialist Movera and the touring portal freeontour all belong to the Erwin Hymer Group.
Further information is provided at www.erwinhymergroup.com.
