Canada’s wholesale shipments up double digits in early 2012
Christopher Gerber (CGerber@BoatingIndustry.com)
July 31, 2012
Filed under News
Wholesale shipments through the end of May have increased by double digits in Canada compared to last year, according to a release from GE Capital, Commercial Distribution Finance.
Much of the growth has been driven by Canada’s western region, according to the report.
The increase in orders has led to a three-year inventory high for both aluminum and fiberglass units. In its release, GE reported increasing inventory aging levels but still said such levels are in an acceptable range.
“We know that dealers practice a delicate balancing act when it comes to stocking levels,” Shiebler said in the release. “We work with manufacturers and their dealer customers to help them make the most of Canada’s short selling season to ensure that they have enough credit capacity to have the right product mix on hand. And of course we’ll continue to share performance benchmarks and strategies on budget management to help dealers across the country be as productive as possible.”