NMMA: Outboard engine sales rose 7 percent in 2016

The NMMA said sales of outboard engines 300 hp and higher rose 18.3 percent last year.

The NMMA said sales of outboard engines 300 hp and higher rose 18.3 percent last year.

Outboard engine retail sales were up 7 percent in 2016, reaching a post-recession high of 254,200 units, as increased demand for higher-powered engines continued to drive sales.

The 300-hp and higher engine segment continued to lead all others in growth, with sales rising 18.3 percent from 2015, according to new data released by the National Marine Manufacturers Association.

The average horsepower of an outboard engine has increased by 38.1 percent since 2010, and it reached an all-time high of 118.6 hp in 2016, the NMMA reported in its new Statistical Abstract section dealing with outboard sales.

Engines of 100 hp and higher accounted for 48.3 percent of engine sales; engines of less than 100 hp represented 51.7 percent of sales.

The NMMA said the average retail price of an outboard engine rose 2.6 percent, to $8,968, in 2016.


German Superyacht Yard Files for Bankruptcy

Nobiskrug cited a lack of orders, the Covid-19 pandemic and other factors in its decision to start the proceedings.

West Marine Acquired

The private-equity firm L Catterton will take a controlling interest in the retailer’s ownership.

Kicker Supports Two Events on Lake Havasu

The marine audio company will take part in the performance-boat events Super Cat Fest West and the Desert Storm Poker Run this weekend and next.

Bay Bridge Show Starts Tomorrow

The combined sail- and powerboat show runs through Sunday in Stevensville, Md.

Brunswick Corp. Arranges Covid-19 Vaccinations

The marine-industry conglomerate aims to protect employees and their communities against Covid-19.

Kadey-Krogen Announces New Ownership Structure

This summer, the builder and its new investor plan to reveal a five-year innovation and strategic plan.

What is America’s Finest Harbor?

Online voting is open in the US Harbors competition for the best U.S. harbor.

Bruce Van Wagoner to Retire

The 45-year industry veteran was marine group president for Wells Fargo Distribution Finance.

Patrick Acquires SeaDek Parent

The Indiana-based company continues its strategy of growth through acquisitions.