Boat-sales dip slowed in August

Author:
Updated:
Original:

All segments posted much slower sales declines for August. Preliminary registration data for the month showed that sales for all fiberglass boats, including PWC, declined by 18.9 percent. This report is based on 25 states, or 59 percent of the U.S. market.

Fiberglass boats in the popular 14- to 30-foot segment, minus PWC, fell 21.1 percent in the early reporting states. Aluminum sales dropped 19 percent.

PWC declined by 13.3 percent in August. Higher volume in this segment helped the all-fiberglass segment outperform aluminum for the month.

Rates of decline dropped for the second consecutive month in higher-volume states, signaling a bottom to our bear market. Hopefully, dealers can hold enough inventories to continue these positive trends through the fourth quarter.

- Aarn D. Rosen

National marine sales manager

Statistical Surveys

Related

SmartPlug Adds Employee, Moves to Larger Facility

Andrew Lankford is named quality assurance engineer, while the move gives the company 40 percent more manufacturing space.

The Next Wavve

The smart-device-based navigation app expands functionality with real-time tide and current monitoring.

Dealers: Have You Added Service Staff?

This month’s Pulse Report survey addresses the service department. Take the survey here.

Brunswick Acquires Navico

The $1.05 billion acquisition adds the parent company of Lowrance, B&G, Simrad and C-MAP to Brunswick’s Advanced Systems Group.

To Catch a Thief

Cameras and other surveillance means are critical, but here’s what you can do if your dealership falls victim to the rising incidence of thefts.

7 Tips for Selling the Invisible

Tangible tips on selling the invisible.

Current Events

E-outboards: the latest development in marine propulsion.

Rounding the Last Bend?

Are we rounding the last bend in this challenging race?