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Boat dealers make news when, for example, they add new lines of boats, relocate, get new owners or acquire other dealerships.

1940s frugality is back, says economist

Consumers are paying off credit excesses and putting money into savings, marine bankers are told As the economy recovers, expect a new consumer to emerge – one who is value-conscious, savings-minded and wary of debt. That was Gina Martin Adams’ forecast of consumer attitudes at the National Marine Bankers Association’s annual conference Nov. 10 in…more

Dealers and Distributors

Our weekly roundup of dealers and distributors includes news from Dr. Shrink, SeaWide Distribution, Atlantic Outboard, Baert Marine, Interlux and Zodiac of North America. Manistee, Mich.-based Dr. Shrink added its first Australian distributor. Based in New South Wales, All Marine Spares will provide shrink-wrap supplies and accessories, as well as installation instruction to all of…more

Dealers and Distributors

Our weekly roundup of dealers and distributors includes news from Grady-White Boats, Marina Power and Lighting Power Pedestals, Scout Boats, Centek Industries and AAA Yacht Sales Grady-White Boats added Park Boat Company and Powersports, of Washington, N.C., to its dealer network. “We are just ecstatic at the opportunity to represent Grady-White, not only because the…more

Florida marine flea market set for February

The Palm Beach Marine Flea Market and Seafood Festival is set for Feb. 26-28 at the Palm Beach Kennel Club in West Palm Beach, Fla. “In today’s economy, the Marine Flea Market will provide an outlet for the marine industry and private individuals to sell overstocked, new and used marine equipment at a fraction of…more

Gander Mountain reports 3Q results

Gander Mountain Co. posted a 2.5 percent increase in consolidated sales in the third quarter, which ended Oct. 31. Consolidated sales for the period were $276.6 million compared to consolidated sales of $269.9 million for the third quarter of fiscal 2008. Consolidated net income was $3.2 million for the fiscal 2009 third quarter compared to…more

Dealers and Distributors

Our weekly roundup of dealers and distributors includes news from Nautique, Zeus Marine Pro and Teleflex Marine. Nautique added Dockside Marine in the greater Houston area to its network of dealers. Dockside Marine will offer a large display of new and used Nautique boats to choose from, a full service department and an on-site finance…more

Dealers and Distributors

Our weekly roundup of dealers and distributors includes news from Tigé, The Sail & Ski Centers, Dometic, Regulator and CWR Electronics. Tigé Boats added Parker Boats to its worldwide network of authorized Tigé dealerships. Located in Amarillo, Texas, Parker Boats serves the Texas panhandle area, along with border counties in New Mexico and Oklahoma. It…more

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Dealers sweat it out in Genmar limbo

Jacobs resigns from the company he founded, but some are convinced he’ll be back at the helm The future of Genmar Holdings and the 15 boat lines it produces remains in flux with the recent announcement the company was pursuing a sales process rather than a reorganization as a means to exit Chapter 11 bankruptcy.…more

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Open up and lend, McCoy tells bankers

Brunswick CEO says marine lenders have a big stake in recovery Banks, like boatbuilders and dealers, are still in retrenchment mode, National Marine Bankers Association president Jim Coburn told an audience at the organization’s annual conference, which ran Nov. 8-11 in Hilton Head, S.C. The banks, he says, are trying to shrink their balance sheets,…more

Firm targets dealer-builder relations

Two Suzuki veterans form marketing venture to arrange good matches and build relationships Two marine industry veterans have teamed up to form a marketing group dedicated to bringing together builders and dealers and helping the two work to establish profitable relationships. The new company, Mid Atlantic Marine Marketing Group, was launched in September by Terry…more

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