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Torqeedo expands management team in sales and marketing

Torqeedo
September 18, 2014

GILCHING, Germany – The leading manufacturer of electric boat motors continues to be set for growth – both in terms of business and personnel. Christian Pho Duc takes on the management of the sales department at Torqeedo GmbH while Stefan J. Hubert is appointed head of marketing of the Torqeedo... Read more »

PWC, ski boats lead boat sales growth in August

Jonathan Sweet
September 17, 2014

Powerboat sales continued their year-over-year sales growth in August, albeit at a slower pace than in recent months. The September Info-Link Bellwether report shows August 2014 sales about 9 percent higher than in August 2013. Recent months had seen year-over-year increases above 10 percent. The Bellwether... Read more »

Beneteau accelerates powerboat development in South America

Beneteau America
September 17, 2014

RIO DE JANEIRO – Beneteau America announced ahead of the Sao Paulo Boat Show its intention to speed up the development of Beneteau’s powerboat distribution network in South America under the responsibility of Bruno Gouézigoux, Sales Manager for Beneteau in South America. As it pertains to Brazil,... Read more »

IBEX announces Innovation Awards nominees

IBEX
September 17, 2014

BROOKLIN, ME, September 17, 2014 - Thousands of new products, advanced processes, and impressive innovations will be offered at the 2014 International BoatBuilders’ Exhibition and Conference (IBEX) taking place at the Tampa Convention Center in Tampa, FL, Tuesday, September 30 through Thursday,... Read more »

GE Capital leads $235M credit facility for MarineMax

GE Capital
September 17, 2014

CHICAGO – GE Capital, Commercial Distribution Finance (CDF) announced today it has significantly expanded its inventory financing program with MarineMax (NYSE: HZO), the nation’s largest boat dealer, and extended its duration through 2017. The $235 million facility will allow the company to expand... Read more »

Encourage prospects to buy

Marine Retailers Association of the Americas
September 17, 2014

MINNEAPOLIS — Without being aware of it, many dealerships discourage their best prospects from buying. To stem the tide of runaway sales, businesses need to know what they’re inadvertently doing to turn prospects away and counteract these measures with positive momentum designed to win sales... Read more »

Malibu settles lawsuit, revises 2014 results to show loss

Jonathan Sweet
September 17, 2014

Malibu Boats has agreed to pay $20 million to settle litigation claiming its windshields violate the intellectual property rights of Pacific Coast Marine Windshields Ltd. Less than a week after releasing its 4th quarter and annual results for fiscal year 2014 (ending June 30), the company is also revising... Read more »

Hornet Marine to unveil newest model and business strategy at IBEX

Hornet Marine
September 16, 2014

BRISTOL, Conn. – Hornet Marine is unveiling the Hornet 20, a 20-foot luxury sterndrive center console at the international boatbuilders conference. “We are announcing the new boat at this conference because our business strategy is to serve the customization needs of other boatbuilders.”... Read more »

MasterCraft withdraws sponsorship of the Pro Wakeboard Tour

MasterCraft Boat Company
September 16, 2014

VONORE, Tenn. – MasterCraft Boat Company announced it has chosen to withdraw its sponsorship of the 2015 Pro Wakeboard Tour season, opting out of the final year of its contract with World Sports and Marketing, the event-marketing firm that activates the PWT. MasterCraft and World Sports &... Read more »

Williams launches Sportjet 460 powered by BRP Rotax

Williams Performance Tenders
September 16, 2014

Oxfordshire, England – Williams Performance Tenders, the world’s leading turbojet manufacturer, is delighted to announce an exciting new chapter for the company with the launch of a new Sportjet range – all powered by the industry-leading BRP Rotax engines. Designed as an exciting performance... Read more »

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