All Engines and Propellers articles – Page 33
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NewsBrunswick reports ‘outstanding’ Q3 and is bullish on 2021
The industry’s largest company said it outperformed the market in its third quarter ending September 30, achieving double-digit growth in sales and earnings. Historically-low boat inventory levels position the company exceptionally well for the remainder of the year and throughout 2021.
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NewsNew Volvo Penta president outlines challenges and changes going forward
Sustainability a key theme as well as attracting new and younger people
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NewsCummins’ North American sales decline, international sales stable
Cummins Inc closed its third quarter with revenues down 11% to US$5.1bn from last year, led by an 18% drop in North American sales while international revenues were flat.
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NewsCaterpillar crawls through rough third quarter
Caterpillar Inc has announced third-quarter earnings that are down across the board, led by lower end-user demand. The Deerfield, Illinois-based Cat reports sales and revenue of US$9.9bn, a 23% decline from Q3 2019. Profit per share was down 54% at US$1.22, while operating profit margin dropped nearly 6 points to ...
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NewsOutdoor Network to manufacture OXE outboards in Georgia
The new facility will produce the complete line-up of OXE diesel outboard engines from 125hp through to 200hp. Currently manufactured in Sweden, but as reported by IBI in May this year, Outdoor Network (ODN) was successful in winning the contract for US production. At that time Tom D’Azevedo, chairman and ...
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NewsScania extends Maritimo partnership to North America
Swedish engine manufacturer Scania today announced the expansion of its longstanding partnership with Maritimo to include boats built for the US and Canada.
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NewsVolvo Penta posts strong Q3 profitability
Volvo Penta saw improved profitability on flat sales for Q3, with a large uplift in service sales attributed to the high level of summer boating activity; the division also provided engine delivery and order numbers for the first nine months of the year
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NewsTalking Products: Cox updates IBI on the roll-out of its new diesel outboard
Hugh Huddelston, newly appointed head of sales at Cox Powertrain, provides IBI’s Ed Slack with the latest information on production goals for its new engine, expectations for the leisure sector, and development of the company’s distribution network.
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NewsCox Powertrain appoints new head of sales
UK diesel outboard manufacturer Cox Powertrain has named Hugh Hudleston as the group’s new head of sales. Hudleston will be responsible for the global sales and distribution of the CXO300 diesel outboard as well as managing key relationships within Cox’s network of 35 distributors across the US, UK, Europe and ...
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NewsYanmar brings saildrives to larger sailboats
Responding to boatbuilder demand, Yanmar is introducing the SD15 saildrive solution for larger monohull and multihull sailboats
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NewsSuzuki 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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NewsPure Watercraft branches out into boat construction
The US-based electric outboard specialist has launched a series of electric boat packages
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NewsYanmar to open new parts warehouse at Middle East branch
Japanese engine manufacturer Yanmar is to open a new parts warehouse at its Middle East branch in Dubai.
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NewsNanni in supply deal with Swedish shipyard
French engine manufacturer Nanni has signed a deal with Swede Ship to install its T8V.370 marine diesel engine oboard a line of 8m boats for Swedish and Norwegian search and rescue operations.
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VideoIBI 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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VideoIBI 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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NewsScandinavian companies partner on electric engine development
Evoy and Oxe Marine team up to test high-powered electric outboard concept
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NewsOXE agrees major order but scales back on 2020 growth forecast
Swedish diesel outboard engine manufacturer OXE Marine has signed a letter of intent with current central and southwest US distributor Diesel Outboards LLC (part of the Outdoor Network group) to expand ODN’s distribution territory to also cover southeast US. ODN’s expanded territory will include Florida, which according to OXE representants ...
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NewsRolls-Royce announces MTU Series 2000 power upgrade
Rolls-Royce has increased the output of its 12-cylinder MTU Series 2000 M96 engine from 1,432 kW to 1,472 kW, equivalent to more than 2,000hp.
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NewsOXE Marine AB upgraded to OTCQX market
Swedish diesel outboard maker OXE Marine AB has qualified to trade on the OTCQX market.
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