Weekly 5: New England Boat Show attendance down from record 2016

The BI Weekly 5 is a collection of tips, news and data affecting the boating industry this week. Be sure to look for the BI Weekly 5 every week on BoatingIndustry.com. 1. New England Boat Show attendance down from record 2016 A reported 46,461, people attended this year’s New England Boat Show, down 8 percent …
Boating Industry

Boat dealer same-store sales down 10.1 percent in December

Boat dealers closed out 2016 on a negative note, with same-store sales dropping in December. It was the first year-over-year drop in same-store sales for dealers since June 2016, down 10.1 percent from 2015. That’s according to the latest report from CDK Global Recreation, which is based on data from users of the company’s Lightspeed …
Boating Industry

Palmer Johnson Yachts shutting down

Wisconsin-based luxury yacht builder Palmer Johnson Yachts plans to cease operations by the end of the year, the Milwaukee Journal Sentinel reported. The company filed a plant closing notice Wednesday with the Wisconsin Department of Workforce Development. The closure of its two facilities will result in the loss of more than 100 jobs, the company […]
Boating Industry

Lightspeed: Parts revenue down for the first time in 14 months

Boat dealer parts revenue ended its 13-month streak of year-over-year increases in May. Sales were up 1.0 percent over the month of May 2014, according to a report by CDK Global Recreation that uses data from dealers who use CDK’s Lightspeed software. Unit sales and service sales were up while parts sales were down in […]
Boating Industry