What is the lawsuit against Malibu boat dealers?
On April 11, 2024, Malibu Boats revealed that a lawsuit had been filed against them by Tommy’s, alleging fraud. The lawsuit claims that since late 2022, Malibu Boats delivered nearly $100 million worth of inventory to Tommy’s dealerships, including their highest-priced, slowest-moving “Malibu” branded boats. Grand Rapids-based Tommy’s Boats filed an April 10 lawsuit against Loudon, Tenn. Malibu Boats, alleging that the manufacturer engaged in an inventory oversupply fraud scheme.On April 11, 2024, Malibu Boats revealed that a lawsuit had been filed against them by Tommy’s, alleging fraud. The lawsuit claims that since late 2022, Malibu Boats delivered nearly $100 million worth of inventory to Tommy’s dealerships, including their highest-priced, slowest-moving “Malibu” branded boats.Grand Rapids-based Tommy’s Boats filed an April 10 lawsuit against Loudon, Tenn. Malibu Boats, alleging that the manufacturer engaged in an inventory oversupply fraud scheme.
Who is the CEO of Malibu Boats?
Steve D. Menneto President and Chief Executive Officer, MBI Previously, he spent over 27 years at Polaris – most recently as President of the Off Road Vehicle Division where he led the business to a doubling of revenue (now $7+ billion). Steve D. Menneto President and Chief Executive Officer, MBI.Steve menneto, malibu boats ceo, joins ‘power lunch’ to discuss how the business is doing, the discretionary aspect of boats and much more.
How do I contact Malibu Boats?
Please contact us at (800) 468-4332 or malibuboats-cs@halo. Q: How can I change or cancel my order? A: Please contact our customer service team at (800) 468-4332 or malibuboats-cs@halo. A: Our customer service team is available Monday through Friday from 8:00 am to 5:00 pm CST. Please contact us at (800) 468-4332 or malibuboats-cs@halo.
How much does a Malibu boAt cost?
Malibu boats for sale on Boat Trader are listed for an assortment of prices, valued from $9,681 on the lower-priced models all the way up to $376,233 for the most expensive boats. Malibu Boats net worth as of October 09, 2025 is $0. B.Malibu boats for sale on Boat Trader are listed for an assortment of prices, valued from $9,681 on the lower-priced models all the way up to $376,233 for the most expensive boats.Axis Boats are intentionally positioned as a more affordable entry point into the high-performance wake boat market. But lower price doesn’t mean cutting corners. Because Axis shares design DNA with Malibu, you benefit from advanced technologies and build quality at a more accessible price point.
Who makes the engines for Malibu boats?
Using proven GM engine blocks, the Malibu Engineering team designs and marinizes the engines in-house to meet the unique demands of boating with exclusive modifications that simplify maintenance, reduce corrosion, and offer unmatched performance, fuel economy, reliability and sound reduction. Introducing the all-new Malibu Monsoon™ M5, M6 & LT4 engines. These engines are the ultimate representation of Malibu’s leadership in high-performance towboats. They are technological marvels that seamlessly incorporate all of the latest research, design, and engineering developments from the labs at Malibu Boats.Malibu Boats is an American manufacturer of recreational boats, founded in Merced, California in 1982, and currently headquartered in Loudon, Tennessee with additional production facilities in New South Wales, Australia.Malibu still produces 12 models at their Loudon, TN plant and offer factory tours by appointment.