Mar 12, 2019

Detroit Boat ShowThe Detroit Boat Show at Cobo Center this past February was 50,000 square feet bigger in 2019, with a total of 500,000 sq. feet, and was packed with nearly 800 boats. “As usual, our exhibitors made us proud. Exhibitors brought in more boats and more brands, some new to the Great Lakes market,” said Show Manager Nicki Polan. “What resulted was an impressive and professional showing of all things boating and the opportunity to highlight the benefits of the boating lifestyle.”
 
More than 69,000 people attended the nine-day Detroit Boat Show. Comments from exhibitors indicated they experienced good sales and gathered quality leads during their 9-days at Cobo Center.

The Detroit Boat Show is considered among the top shows in the country based on size, attendance and sales. “Boating enthusiasm is alive and well in Michigan,” said Patti Smith, vice president of sales & operations at Silver Spray Sports and MBIA Board Chair. “It was so great to see the show the largest it’s been in a decade, and have people there full of excitement, looking forward to the summer.”
 
2018 was the ninth consecutive growth year for new boat, engines, trailer and accessory sales nationwide, and in Michigan, according to the National Marine Manufacturers Association. In 2017, more than $936 billion in new boats, motors, trailers and accessories were sold in Michigan, making it the 3rd largest marine market in the country behind Florida and Texas. Sales of new boats, motors, trailers and accessories are expected to rise again in 2019. 
 
Next year’s Detroit Boat Show will be moving to January at Cobo Center, January 18-26, 2020.

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CANADIAN HOUSE OF COMMONS TRADE COMMITTEE REPORT HIGHLIGHTS IMPACT OF RETALIATORY TARIFFS, URGES SWIFT RESOLUTION

 

NMMA CanadaA new Canadian House of Commons International Trade Committee report finds that retaliatory tariffs are taking a toll on Canada’s economy and calls on the government to work with the U.S. on resolving the issue. The study – titled “Section 232 of the United States Trade Expansion Act: Implications of Tariffs for Canada” – includes specific mentions of the recreational boating industry’s hardships from aluminum and steel tariffs and subsequent retaliation measures – a key win for the industry, which NMMA Canada and the Provincial Marine Trade Associations helped secure through written submissions and advocacy efforts. The Canadian government now has 60 days to respond to the committee’s report.

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