U.S. Marine Dealers Report Pullback in New-Boat Sales as Inventory Builds and Buyers Shift to Used
Recent dealer checks conducted by Baird indicate a softening in U.S. new-boat retail sales in April, with a notable shift toward used and brokerage units. Dealers reported growing new-boat inventory levels and weaker current sentiment, while citing factors such as limited manufacturer promotions, fuel cost pressure tied to the war with Iran, and ta…