Thurston's Marine

VtSteve · 07-19-2010, 08:38 AM

Cobalt has far less people working than they did a couple of years ago, same as most every boat maker. Some boat brands cut production entirely last year. Cobalt is a pricey boat, and has pretty limited production even in good years. Perhaps Thurstons wasn't the best match for Cobalt?

Dealers are under immense stress with floorplan rates being ridiculously high, boat prices rising at a time when the economy is still soft, and makers unable to produce a fraction of what they used to. This will not change for quite some time IMO. Limited quantities, higher prices, more "real" loans.

Back to normal IMO.

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07-19-2010, 08:38 AM	#11
VtSteve Senior Member Join Date: Apr 2008 Posts: 1,320 Blog Entries: 1 Thanks: 230 Thanked 361 Times in 169 Posts	Cobalt has far less people working than they did a couple of years ago, same as most every boat maker. Some boat brands cut production entirely last year. Cobalt is a pricey boat, and has pretty limited production even in good years. Perhaps Thurstons wasn't the best match for Cobalt? Dealers are under immense stress with floorplan rates being ridiculously high, boat prices rising at a time when the economy is still soft, and makers unable to produce a fraction of what they used to. This will not change for quite some time IMO. Limited quantities, higher prices, more "real" loans. Back to normal IMO.