All articles by Craig Ritchie – Page 79
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News
Wells Fargo Marine Group President on boat finance in the US - The 15-minute read
Not watched the video yet? Check out the edited transcript highlights of IBI’s recent interview with Bruce Van Wagoner on current trends in the North American leisure marine industry, inventory pipeline levels, forecasting in the age of Covid-19 and whether boat dealerships can become too big to fail.
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Appointment at Future Fibres
Valencia, Spain-based Future Fibres Ltd recently announced that accomplished offshore sailor Pete Cumming has joined the firm in an advisory capacity, with immediate effect.
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KVH posts strong Q3 results
Gains in both product and mobile connectivity service sales drive “strongest Q3 in years”
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Garmin record Q3 results buoyed by strong marine sales
Marine segment posts 54% YOY revenue growth, 152% increase in operating income
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Hubbell feels Covid pinch in 2020 Q3 results
Declines in net sales, gross profits and net profits point to continued uncertainty in the power market
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Video
IBI Interview with America’s largest marine finance group (trailer)
In the latest installment of the IBI Interview series, IBI North America correspondent Craig Ritchie speaks with Bruce Van Wagoner President of Wells Fargo Marine Group, the largest marine finance provider in the US market about market conditions, inventory levels and how boat manufacturers and dealers have been managing through ...
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IBI speaks with Wells Fargo Marine Group in America
IBI North American correspondent Craig Ritchie speaks with Bruce Van Wagoner, President of Wells Fargo Marine Group in the US, about how the 2020 boat sales and finance market is shaping up in the context of this year’s extraordinary Covid-related business disruptions in mid-March, followed by the surprise surge of ...
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Strong boat sales float Q3 earnings for Polaris
Boat division leads all other segments with 30% YOY sales jump to drive higher overall earnings, profits
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Winnebago releases strong Q4 and FY 2020 results
Chris-Craft credits new model introductions for record Q4 sales and production backlog through spring 2021
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Four more Canadian boat shows cancel
Four more Canadian boat shows have cancelled their 2021 events as a second wave of Covid-19 continues to spread across the country and, in particular, through its most populous province of Ontario.
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Canadian entrepreneur to relaunch Limestone Boats
Former Rossiter Boats founder aims to refresh a heritage nameplate with two new models for 2021
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Vancouver Boat Show cancels
Organisers of the Vancouver International Boat Show (VIBS) informed exhibitors late Monday that the 2021 edition of western Canada’s largest consumer boat show will be cancelled in the face of rising Covid-19 infections.
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Montreal Boat Show cancels
Another Canadian boat show has cancelled its 2021 run as a second wave of Covid-19 spreads across the country.
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Suzuki unveils microplastics collection system for outboards
Suzuki announced what it says is the world’s first microplastics collecting system for outboard motors on Thursday as part of the IBEX Online virtual trade event.
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Garmin named NMEA Manufacturer of the Year for sixth straight year
Builder picks up four additional Product of Excellence awards presented during annual NMEA annual meetings
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Toronto Boat Show cancels for 2021
The organisers of the Toronto International Boat Show (TIBS) announced late Monday that the 2021 edition of North America’s largest indoor boat show has been cancelled in the face of growing Covid-19 infection rates.
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Dometic looking to grow steering control market with new Electric Power Assist
Bolt-on system aimed at expanding market penetration in both OEM and aftermarket sectors
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Video
IBI speaks with Mercury President Chris Drees
IBI North American correspondent Craig Ritchie speaks with Chris Drees, President of Brunswick’s Mercury Marine Division, about how the company is managing booming demand, particularly in the US market, including the addition of more capacity; the split of OEM vs. dealer sales; and how to create ‘excitement’ in a virtual ...
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Video
IBI interview with Mercury’s Chris Drees (trailer)
In the latest installment of the IBI Interview series, IBI North America correspondent Craig Ritchie speaks with Chris Drees, President of Brunswick’s Mercury Marine business about market conditions, new product introductions and the challenges of managing a global manufacturing and supply footprint through the Covid-19 crisis. IBI plus subscribers, can ...
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US rescinds latest 10% tariff on Canadian aluminium
The new tariff announced on August 16 was withdrawn late Tuesday, hours before Canada was to implement its own $3.6bn in retaliatory levies