Weekly 5: Biofuels worse for climate change than gasoline, study says

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. Study: Biofuels worse for climate change than gasoline A new study from the University of Michigan is adding more data to the debate …
Boating Industry

Wells Fargo still interested in GE Capital assets, CFO says

Wells Fargo would still like to acquire more of GE Capital’s lending assets, but expects competition to be tough, the bank’s CFO said during an earnings call Tuesday. GE announced in April that it would be selling off most of its lending operations, including its commercial lending business, the largest provider of floorplan financing in […]
Boating Industry

Statistical Surveys says boat sales up in 2015

Recent data suggests boat sales will continue to grow in 2015 and 2016, according to Tom Walworth, general manager at Statistical Surveys. Sales in inboard-, jet- and outboard-powered boats are all up in a rolling 12-month period ending in March 2015. Overall, outboard sales are reporting double-digit growth with 10.08 percent. Jet boat sales are […]
Boating Industry

MasterCraft says new X23 delivers longest, most customizable wave

VONORE, Tenn. – The inland surfing trend has become a global phenomenon and MasterCraft continues to deliver the longest and most customizable wave on the market with the introduction of the X23, the latest in its line of luxury performance boats dedicated to surf. Beyond mere afterthoughts, MasterCraft has designed this boat from bow-to-stern to […]
Boating Industry