All articles by Subscriber-only – Page 44
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Mixed Q3 for Taiga Motors
Revenues increase 222% YoY while higher expenses lead to $20m loss for the quarter
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New Cape Town yard debuts with inaugural sportsfisher
The new venture transformed from concept to reality in June 2023
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NZ hatch manufacturer acquires distribution business
Cule Marine acquires MarineXpress, VibraStop as part of long-term growth strategy
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KVH reports 5% YoY drop in Q3 revenues
Service revenues grow as product revenues decline for US satellite communications firm
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Mixed 2024 first half for Honda
Strong gains by auto and motorcycle segments while power products sector – including Honda’s marine business – trails behind
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SA builders raise concerns about port and visa inefficiencies
South African boatbuilding stakeholders hold roundtable meeting in Cape Town
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Record Q2 revenues, profits for Suzuki
Japanese engine båuilder marks second quarter and first half of FY2023 with record net sales, operating profit and ordinary profit
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Lippert Q3 revenues, profits down on softer OEM outputs
Lower shipments in US leisure marine, recreational vehicle segments drag down earnings despite 53% YoY gain in aftermarket revenues
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Florida boating rebounds from US$1bn in Hurricane Ian damage
The Fort Myers boat show is back to its normal schedule, opening this weekend
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All eyes on 2024 as Forza X1 releases 2023 Q3 results
President and CEO Jim Leffew addresses company’s third-quarter earnings with analysts
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Nimbus plans largest model to date, invests in Swedish, US yards
The Swedish builder is injecting funds to expand its yards in Lugnås and Edgewater
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Malibu Boats to receive nearly US$8m from State for expansion project
US builder is expanding its production facilities for the Cobalt brand
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SA builders await news on AGOA as president weighs in on trade deal
President Ramaphosa delivered the keynote address at the African Growth and Opportunity Act (AGOA) forum in Johannesburg on Friday
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Saffier will sell 163 boats in 2023; plans new flagship for 2024
The Dutch maker of world-class daysailers is ending another boom year
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Twin Disc reports “impressive” FQ1, return of dividend payments
Marine and Propulsion systems led the quarter for the company
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New developments at PE firms with yachting interests
CVC holds off IPO for second time; KPS Capital Partners raises $9.7bn
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Cummins reports higher revenues, margins, income for Q3
15% revenue jump and record operating cash flow underscore solid quarter for US engine builder
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Suppliers the target of many cost-reduction efforts
US boatbuilders call on suppliers to get pricing back to where it needs to be