Skip to main content

NMMA reports rise in new powerboat registrations

New powerboat registrations were up 5.3 percent year over year for the rolling 12-month period through August, the National Marine Manufacturers Association reported.

Nearly all segments were up, with tow boats leading the growth with an 8.3 percent increase.

Cruisers were up 7.9 percent, pontoons rose 7.5 percent and personal watercraft increased by 7.3 percent, according to the NMMA newsletter Currents.

Outboard boats, which represent 65 percent of new powerboat sales, were up 5.2 percent.

Boats 27 feet and larger were up 8.8 percent through August on a rolling 12-month, year-over-year basis, according to the report, which is free only to the monthly shipment report control group members and subscribers.

Related

CRUISERS

Industry Mourns Cruisers Yachts Owner

K.C. Stock, who was 84, was known for his “commitment to the employees at Cruisers Yachts.”

GRANDBANKS

Grand Banks Purchases Florida Property

The parcel, which is opposite the company’s Stuart yard, has berths for up to nine boats and will increase service capabilities.

LIMESTONE-Q3

Limestone Boat Co. Posts Q3 Results

Unit production was down compared with the second quarter, and revenues decreased 33%.

SIREN-YAMAHA

Yamaha Dealers Now Carry Siren Systems

Siren Marine’s “Connected Boat” technology can be purchased and installed at more than 2,100 Yamaha outboard dealers.

Northpoint

Northpoint Expands Marine Presence

Northpoint Commercial Finance has partnered with Elite Recreational Finance to offer retail financing.

BRP

BRP Reports 71% Increase in Q3 Revenues

The Sea-Doo manufacturer had total revenue of $2.7 billion, but North American marine retail sales were down 47%.

Airmar

Airmar Announces Training Dates

Certified Installer and SmartBoat system classes are being held this month in New Jersey and next year in New Hampshire.

Norm

The Survey Says …

Surveying customers to find out what they think about your business has never been more important.

1_MDI

Marine Development Inc. Changes Hands

Mick Webber, the former president/CEO and owner of HydroHoist, has purchased the company from its founders.