Dealer digest - Trade Only Today

Dealer digest

Author:
Updated:
Original:

Thunder Marine announced the opening of its newest location in Englewood, Fla. The new location at the Harbor at Lemon Bay carries the boat and yacht lines of Four Winns, Hydra-Sports, Riviera and Silverton.

“This expansion has come at a perfect time and is only Phase One in our company’s plan to grow market share,” said Mark LaPrade, president of Thunder Marine, in a statement.

The Englewood location will also sell pre-owned inventory; it will have a full brokerage department and will be serviced by the Mobile Service Center in St. Petersburg.

Related

Quick Hits: October 28, 2020

Ranger Tugs and Cutwater Boats announce dealer awards; Cummins announces 3Q results.

Garmin Q3 Revenues Up 19%

Growth was driven by in part by a 24 percent increase in marine sales.

Groupe Beneteau Expects Revenue Declines

The group reduced investments by 30 percent in response to the Covid-19 pandemic.

A Banner Year for MarineMax

The yacht retailer saw its highest revenue and earnings in the company’s history.

New Boat Registrations Up 5.8% Year to Date

Main powerboat categories were up more than 34% year over year.

Azimut Benetti Group Sees Robust Sales in Asia-Pacific Market

The Italian conglomerate is reporting total sales of over 150 million euros in the region.

MasterCraft Investor Pushes Company to Explore Sale

Reuters reported that the investor is pushing for an acquisition.