The American Bus Association (ABA), the leading voice in North America’s motorcoach, charter bus, group travel, and tourism industries, today announced the Fourth Quarter 2024 Motorcoach Builders Survey.
The survey, produced by the ABA’s research arm, the American Bus Association Foundation, delivers the report 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 506 new and 177 pre-owned coaches, for a total of 683 motorcoaches. This compares with 628 during the third quarter of 2023. Sales of new motorcoaches have increased by 8.8% compared to the same quarter in 2023, with the sale of pre-owned motorcoaches 103.4% higher.
“The motorcoach, charter bus, and group travel industries are experiencing strong growth, with new motorcoach sales rising 20% year over year,” said Fred Ferguson, President and CEO of the American Bus Association and the American Bus Association Foundation. “This surge reflects the increasing demand for safe, efficient, and sustainable group travel options. As our industry continues to expand, we remain committed to connecting people and communities through reliable transportation solutions that drive economic impact nationwide.”
According to the data, Q4 sales significantly improved compared with 2019. Q4 data for 2024 show only a 12.7% decrease compared to the same quarter in 2019.
Sales to both private and public entities increased in Q4, increasing by 31.6 and 12.9%, respectively.
Evaluating total sales in 2024, we see that new sales have increased by 20.0% compared to 2023 and are 45.8% lower than 2019 sales. Pre-owned sales in 2024 are 4.2% lower than 2023 and 88.5% lower than 2019 sales of pre-owned motorcoaches.
About the American Bus Association Foundation
The American Bus Association Foundation (ABAF), the philanthropic arm of the American Bus Association, is dedicated to advancing the motorcoach, travel, and tourism industry through research and education. The Foundation’s mission is to support the motorcoach travel and tour industry with research and scholarships that benefit the ABA, policymakers, and the public. The ABA Foundation has awarded more than $1 million in financial support to more than 300 scholars since the program began after the passing of then ABA President and CEO George T. Snyder Jr. in 1995. Our scholarship programs help ABA members and the public earn degrees that support the motorcoach travel and tour industry, as well as promote academic excellence and diversity.
For more information about the ABA Foundation and its scholarship program, please visit www.buses.org/aba-foundation.
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Featured image credited to Greyhound
