Electric, stand-up personal watercraft hits the market

The new electric-powered Gratis X1 personal watercraft is now available to order through Free Form Factory’s website. “We are thrilled to unveil the world’s first electric, stand-up personal watercraft. With the Gratis X1, riders will experience a powerful, fun and quiet ride on some of the most pristine waterways on earth,” said Founder and CEO …
Boating Industry

MyTaskit launches new market for task coordination in Great Lakes Region

MyTaskit, provider of task coordination and business management software solutions, announced that CenterPointe Yacht Services and Gage Marine have joined the company’s Phase II Customer Development Site program. The partnership program is designed to give participating dealers marketing and technical support, as well as advanced ROI metrics. The program is open to marine service businesses that meet criteria …
Boating Industry

Seminole Marine Group appoints new Sailfish dealer for Fort Walton market

Adventure Marina has been appointed the new Sailfish dealer for the Fort Walton, Florida, area. “We’re glad to have Paul and Amanda Roberts and the Adventure Marina team join the Sailfish family,” said Paul Hoppes, president of Seminole Marina. “They have a first class facility and a great reputation in the Florida panhandle.” Adventure Marina …
Boating Industry

Brunswick: Outboards, boat sales grow on strong U.S. market

Brunswick executives reported on a strong 2015 and expressed confidence for the future in an earnings call Thursday. (See the full earnings report here.) “I hope you can sense the excitement that the entire management team has about the outstanding performance in 2015 and continued strong outlook for 2016 through 2018,” said Mark Schwabero, president […]
Boating Industry

Marine industry stocks hit lows as stock market drops

Publicly traded companies in the marine industry have certainly not been immune from the recent stock market struggles, with several recently hitting their 52-week lows. The market experienced a day of increased volatility on Monday. At one point, the Dow Jones Industrial Average was down almost 1,100 points, the biggest single-day drop on record. The […]
Boating Industry

GPS provider sets sights on marine market

A new player is hoping to bring its GPS experience to the marine market and help dealers boost their F&I profits. Skypatrol has been providing solutions for the powersports market and other industries and sees the marine market as ripe for its products, said Tony Tarell, director of sales for Skypatrol’s Protek Powersports division. Skypatrol […]
Boating Industry

Rethink your target market at MDCE 2014

MINNEAPOLIS — U.S. demographics aren’t just starting to shift; they already have. If marine dealerships want to capitalize on the changing faces of today’s market, they need real-world, implementable strategies for reaching these new prospects in a way that resonates with their individual needs, wants and desires. At the 2014 Marine Dealer Conference & Expo, […]
Boating Industry

RBLC affordability subcommittee focused on pre-owned market

Let’s not sugarcoat it, boating is expensive. Between the boat, storage, gas, all the accessories and maintenance, it’s not a cheap lifestyle. That said, just about every enthusiast lifestyle is expensive. Motorcyclists constantly pour money into their two-wheeled passions, car fanatics don’t bat an eye at the price of tires and even a conservative guitar […]
Boating Industry

GE Capital sees positive trends in Canadian market

ISSISSAUGA, Ontario – GE Capital’s Commercial Distribution Finance (CDF) business sees positive trends in the Canadian motorsports and recreational vehicle (RV) industries through the first half of the year, while the marine industry is experiencing a slight slowdown after last year’s accelerated growth. “Weather once again has had an impact on the recreational industries in […]
Boating Industry