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captkevin
PostPosted: Fri May 29, 2009 4:21 pm 
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Yet another casualitie of this bad economy -
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cougarcruiser
PostPosted: Fri May 29, 2009 11:58 pm 
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Location: Lake Washington, Seattle, WA
The biggest downfall of crownline is they thought they were better than they really are.

They wanted to compete with Cobalt. Was it an as good or better product - no.
They told their dealers that to sell Sea Ray and Four Winns as a 'stepping stone' product to Crownline. Was that a good idea? NO.

Crownline has no 'niche'. That is there problem.

They just wanted a peice of the pie - and obviously that isn't working.

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Cap'n Morgan
PostPosted: Mon Jun 01, 2009 10:56 am 
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Look for Rinker-line boats in your local Crownline dealers some time early 2010. :wink:

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cougarcruiser
PostPosted: Mon Jun 01, 2009 11:24 am 
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Cap'n --- What's the Rinker/Crownline thing?

Did I miss something? Where's the memo! ha ha

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Cap'n Morgan
PostPosted: Mon Jun 01, 2009 11:32 am 
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Just rumor at this point. Nothing has been publicly announced.

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aguyindallas
PostPosted: Mon Jun 01, 2009 12:25 pm 
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Location: Little Elm - Lake Lewisville TX
My friend that works at Roadrunner Trailer says they just laid off their last 12 employees.

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cougarcruiser
PostPosted: Mon Jun 01, 2009 12:26 pm 
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at Crownline?

So, no more warranty support? No parts, no service?

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pet575
PostPosted: Mon Jun 01, 2009 2:25 pm 
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This is a shame. Despite my choosing a FW over a Crown, they are still good boats and there are going to be a lot of people in our area with concerns over their warranty, service, parts, etc.

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2007 Four Winns Horizon 220
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aguyindallas
PostPosted: Mon Jun 01, 2009 2:28 pm 
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I am not sure if they still have a few employees laying around for this sort of thing or not (warranty and parts). All he said was they laid off the last few people...perhaps he was talking about line workers and such.

It is very sad however to see a name like Crownline go under.

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aguyindallas
PostPosted: Mon Jun 01, 2009 2:59 pm 
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For what its worth - I just tried to call Crownline. I hate internet rumors. All I got was voicemail and when I pushed 0 for the operator, it said the operator is not available.

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Cap'n Morgan
PostPosted: Tue Jun 02, 2009 4:07 pm 
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Location: West Michigan
cougarcruiser wrote:
Cap'n --- What's the Rinker/Crownline thing?

Did I miss something? Where's the memo! ha ha


I guess I can post this now.

Quote:
Nautic Global Group has been engaged in a process to acquire the assets of Crownline Boats for the last several weeks, the company reported in a letter to Crownline dealers on May 27. Nautic owns Rinker Boats and Godfrey Marine and is currently the fourth largest boat manufacturer in the U.S., according to the company.


http://www.boating-industry.com/output.cfm?id=2173177

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Cap'n Morgan
PostPosted: Wed Jun 03, 2009 11:28 am 
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Quote:
"At this time, the actual purchase transaction has not been completed, and Nautic Global Group does not own Crownline," the company said in a statement. "We are working through a due diligence process with the sellers and our investors, which includes dialogue with the company and its dealer network." "We are excited at the prospect of Crownline becoming part of the NGG portfolio of brands," the company stated. "The quality of the dealer network, product and the strength of the brand in the market would create exciting synergies that would position us well as our industry recovers."


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MichaelB
PostPosted: Wed Jun 03, 2009 3:04 pm 
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I hope Crownline comes out ok, That's what we had before we got the Four Winns. It was a great boat. When this economy turns, and it will turn, boat prices are going to go through the roof! It's going to be a seller's market for sure.

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Cap'n Morgan
PostPosted: Tue Jul 28, 2009 11:56 am 
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Location: West Michigan
Bring out your savings and make a bid, it can all be yours.......................

Crownline Boats that is:

http://www.topix.com/classifieds/chicag ... B4N2H979SJ

Quote:
The sale will take place at the office of Proskauer Rose, LLP, located at 70 W. Madison Street, Suite 3800, Chicago, Illinois 60602.

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M3eater
PostPosted: Tue Jul 28, 2009 12:16 pm 
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Location: New Hampshire
Why buy a boat ..........

When you can buy a boat COMPANY !?

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Gordon Arnold
New Hampshire

2003 268 Vista ..................................................................Prior: 97 245 Sundowner
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