NMMA reports increase in new powerboat registrations

Author:
Publish date:

The National Marine Manufacturers Association said registrations of new powerboats were up 6.1 percent year over year for the rolling 12-month period through July.

The NMMA said all boat segments improved through July, but the growth was led by jetboats (up 10.9 percent); tow boats (up 9.5 percent); personal watercraft (up 9.4 percent); pontoons (up 7.7 percent); cruisers (up 7 percent); and saltwater fishing boats (up 6.8 percent).

Registrations of outboard-powered boats were up 5.5 percent. Outboards represent 65 percent of new powerboat sales.

Registrations of boats 27 feet and larger were up 10.3 percent.

Related

STAR BRITE DEBUTS NEW MARINE DESCALING FLUID

Star brite introduces Marine Descaling Fluid—a powerful, easy way to descale raw water-cooled systems using recirculation. It saves time, energy, and a lot of headache, allowing for a faster, cost-effective return-to-service for equipment.

NAW Elects 2021 Officers

Michael Medart of Medart Engine and Marine takes the helm as chairman of the National Association of Wholesaler-Distributors board.

Caterpillar Names Global Manager

Alex Berg will lead the manufacturer’s pleasure craft and yachting segment.

Nearly 320K Boats Sold in 2020

NMMA says new-boat sales are at their highest level in 12 years, with all powerboat segments up 8 to 22 percent.

‘Injection of Capital’ for Cox Powertrain

The British company said it will use the $16.7 million to expand operations and ramp up production of its CXO300 diesel outboard.

Groupe Beneteau Releases Preliminary 2020 Financials

Revenues were down 15.1 percent for the 16-month period that ended Dec. 31. A full report is due next month.

A Modern Twist on Word of Mouth

The supercharged power of user-generated content.