All articles by Subscriber-only – Page 5
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Steyr Motors reports strong Q1 performance
Austrian engine producer reaffirms full-year forecast
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Certainty and stability in government policy key to helping US boating industry
ABC panel rejects premise that there is no bipartisan path forward on smart tax policy
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Honda reports higher 2025FY revenues but lower profits
Engine builder issues conservative forecast under shadow of tariff, currency concerns
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American Boating Congress sets sail in Washington, DC
The US recreational boating industry convened on Capitol Hill this morning
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Yamaha Q1 revenues down 2.5%
Marine segment business sees lower revenues and profits in face of soft global boat market
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Spanish boat registrations continue downward trend
Boats from 12m-16m are the only area of growth
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2024 another record year for Suzuki
Marine segment down 2% in revenues but profits up despite soft global boat market
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EU targets €95bn in US imports for tariffs; Weighs WTO case
European Boating Industry (EBI) is analysing the list of products potentially targeted and will provide a response to the EU Commission where necessary
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SA importer prioritises European boat brands amid tariff uncertainty
Luxury boats from the EU currently enjoy duty-free access into the South African market
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Twin Vee revenues down, but losses reduced in ‘decent’ Q1
Field inventory reductions and cost-cutting measures improve bottom line for US boatbuilder
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State of Rhode Island considers new boating taxes
Proposal would remove the sales, property and use tax exemption on motorised boats
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Malibu “returns to growth” with FQ3 above expectations
US boatbuilder reports “pockets of strength” and a return of the Florida market
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Lippert Q1 revenues climb by 8%
Strength in resurging US RV market offsets continued softness in marine for US components manufacturer
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Twin Disc has solid FQ3, led by marine segments globally
Outlook for the balance of the fiscal year is positive
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MasterCraft Q3 results beat expectations
Planned volume reductions yield lower income but improved dealer pipeline as US boatbuilder adjusts to ‘evolving macroeconomic conditions’
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KVH Q1 revenues down, but losses reduced
Expense reduction initiatives and higher demand for Starlink, CommBox Edge offerings credited with improved financial picture for US satcom firm
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Global launch of the Azimut Grande 25 Metri announced in Brazil
The new model is in production and will be presented later this year
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Cummins Q1 revenues, profits dip
Engine builder withdraws 2025 earnings guidance as it navigates “increasingly challenging” business environment