Pontoon sales climbed once again this summer, posting a 23 percent year-over-year gain in August alone. The category has been one of only a few that have consistently rebounded since the economic downturn.
The Marine Industry Certified Dealership program is evolving. The initiative, which the National Marine Manufacturers Association had run until it was recently taken over by the Marine Retailers Association of the Americas, is going to be offered in tiers now instead of a one-size-fits-all format.
Boat loans are a bit easier, but housing issues (foreclosures, short sales, lack of equity) still dog industry With the 2008 fall from the proverbial economic cliff a full five years behind us, boat dealers and manufacturers might be hopeful that by next season more people will return to buying new boats because some short…more
CEO of the two brands says new ownership has satisfied consumer concerns and spurred sales If Brunswick Corp.’s announcement early this year that it planned to sell its Hatteras and Cabo brands prompted sales to decline, the sale to Philadelphia-based private equity firm Versa Capital Management LLC six months later has had the opposite effect.…more
‘Queen jewel’ of trade shows adds three more national pavilions for its Nov. 19-21 run in Amsterdam Some company executives might think that attending the 26th annual Marine Equipment Trade Show in Amsterdam Nov. 19-21 won’t be worthwhile because of the economic downturn that continues to challenge much of Europe. But those companies would be,…more
Pre-event workshops, long-sought speaker Jeffrey Gitomer among key additions to November conference If you attended last year’s Marine Dealer Conference & Expo in Orlando, Fla., you know the event does not lack content. With three educational tracks taking place simultaneously, one of the most difficult aspects is choosing which to attend. You might think it…more
Building slip-holder camaraderie is one way to raise a yard’s profile, Maryland conferees agree EDITOR’S NOTE: This report was written by associate editor Reagan Haynes, who presented data at the Marine Trades Association of Maryland’s September conference based on her July story on the aging of the boating population. That story served as the basis…more
Issue booted back to Congress as EPA finds massive opposition and an unattainable standard The Environmental Protection Agency’s hands are tied when it comes to E15. So says the National Marine Manufacturers Association, arguing that the EPA has punted the issue back to Congress because it is incapable of meeting mandates outlined in the Renewable…more
NMMA official says Gov. Cuomo wasn’t just rescuing an event but aiding an endangered $5.8B industry The Progressive Insurance New York Boat Show not only has new dates for its winter show, it is adding a new in-water fall show. Starting in 2015, the show will move from the immediate post-holiday period to dates later…more
R.I. neighbors Hunt and Hinckley say the brands will retain autonomy in union of like-minded companies Hunt Yachts hopes to take advantage of The Hinckley Company’s distribution and service reach after being acquired by parent company Scout Partners LLC. “We should be able to push more volume through and break into new markets,” Hunt president…more