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| Originally Posted by lwrandall That's interesting. You read so much about US builders and how bad the economy is hurting them (at least what is published here). I read the post about the megayacht builders and the declining orders. But what about the Sunseekers, Ferrettis, Azimuts and the like? I'm sure they are having issues as well, but I would love to get a more world view on the boat building industry (large and not so large builders). |
I know that in the last few years it has been harder for European builders to make money on yachts that are sold new in the US. The dollar was worth so much less then the Euro that the exchange rate was killing them.
How long does anyone think it will be until new yacht sales (let's say 40'-85') return to normal?