Updated:
Original:

Brunswick CEO sees fewer boat sales this year

Sales of recreational boats in the U.S. could decline by more than 20 percent this year, Brunswick CEO Dustan McCoy said Tuesday at a Raymond James Institutional Investor Conference in Florida.

McCoy said powerboat sales volume may fall below 150,000 units from 196,000 boats in 2008, Dow Jones newspapers reports.

"We're choking off the new boats going into the pipeline, so the dealers can get rid of the old product," McCoy said. "When the economy comes back, both the dealer network and we will be a lot more healthy."

Click here for the full article.

Related

CSP Joins ‘Thirty by Thirty’ Coalition

The Center for Sportfishing Policy and 54 coalition members submitted recommendations for the Biden Administration’s America the Beautiful initiative.

Entries Open for Neptune Awards

The Marine Marketers of America is accepting submissions for its annual contest in 23 categories through Dec. 6.

CSP Joins ‘Thirty by Thirty’ Coalition

The Center for Sportfishing Policy and 54 coalition members submitted recommendations for the Biden Administration’s America the Beautiful initiative.

Take Action Now

We must take action to push Congress to reauthorize the Sport Fish Restoration and Boating Trust Fund. Here’s how you can help.

Southern Marinas Acquires Missouri Facility

Millstone Resort and Marina on Lake of the Ozarks is the fifth addition this year to the company’s portfolio.

Forbes Names Brunswick a World’s Best Employer

Brunswick ranked in the top 15 percent overall and in the top 10 for companies in the engineering and manufacturing category.

Fountaine Pajot Names Dealer

Atlantic Cruising Yachts Texas is the French builder’s exclusive representative for the Gulf Coast.

KingFisher Boats, Barnacle Form Partnership

The boatbuilder will offer Barnacle’s BRNKL remote monitoring system on several model year 2022 boats.