Business news : Outboard wholesale shipments up in US and Canada
The National Marine Manufacturers Association (NMMA) reported that wholesale shipments of outboards in the US grew for the 12th consecutive month through May. Shipments were up 13.2 per cent on a rolling 12-month basis from a year ago. Corresponding dollars were up 19.7 per cent.
The US trade association reported that the gains came in higher-horsepower (over 100hp) engines, moving from 18.6 per cent to 24.9 per cent through May. Engines under 4hp, which have been on the decline since 2011, dropped 6.9 per cent for the period. Average wholesale prices rose 0.2 to 2.4 per cent, depending on the horsepower band.
The data said that wholesale sales of four-stroke engines rose 22.0 per cent, while two-stroke sales were up 4.2 per cent. At retail, according to warranty registrations, four-strokes were up 7.8 per cent while two-stroke sales declined 12.5 per cent. Total retail sales were up 3.9 per cent for the period.
In Canada, wholesale shipments were up one per cent after six consecutive months of year-over-year declines. Retail shipments fell 6.4 per cent, according to NMMA data.
Wholesale shipments of four-strokes rose 4.5 per cent (R12M YOY) while two-stroke sales were down 64.4 per cent (R12M YOY). Wholesale shipments of engines 100hp and greater were up 6.8 per cent (R12M YOY) while engines less than 100hp were down 17.4 per cent.
Source The National Marine Manufacturers Association (NMMA)