Need help financing your inventory? Do you have customers who only want to talk monthly payments when you talk price? Are you missing out on profit you could be earning in finance and insurance (F&I)? If you’re not taking full advantage of F&I services with your business, shame on you. Having solid F&I partners and a structure in place at ...
Read More »Features
Brunswick Vs. Genmar
Who’s No. 1 in boat building? The market share question was rarely in doubt in recent years, thanks to the domination of Brunswick and the demise of the Outboard Marine Corporation (OMC). But has Brunswick’s run at the top ended? That question was raised after a flurry of press releases were exchanged between Minnesota-based Genmar and Illinois-based Brunswick. Both companies ...
Read More »Gray Market
It’s a question that’s been nagging in the background of the marine business for several years, and only now are people on the inside of the controversy willing to admit the existence of a “gray market” within the outboard boat segments. Recently, frustration over the practice of boat builders selling excess outboard engines to retail dealers (instead of including them ...
Read More »Superyacht Market
New Yards Set Their Sights On Booming Market Speculation that the superyacht market is leveling off may be just that — speculation. A recent survey produced by UK-based First Marine International Ltd. on behalf of the Society of Maritime Industries (SMI) suggests that the long-term outlook for the market is extremely promising. The study also concluded that the recent lull ...
Read More »