What is the lawsuit against the Malibu Boats?
It is alleged that multiple models of Malibu Boats, LLC, have a design defect in the bow seating area, making them prone to swamping. This may pose significant safety risks, including the risk of passengers being ejected from the boat. Luxurious Interiors: Enjoy plush seating, state-of-the-art sound systems, and spacious layouts designed for maximum comfort on long days on the water. Unparalleled Durability: Malibu Boats are built to last, with premium materials and cutting-edge construction techniques that stand up to the rigors of heavy use.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.
Is Malibu Boats still in business?
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. Today, Malibu builds one out of every two towboats worldwide. Our 700+ employees build Malibu and Axis Wake Research boats in three manufacturing facilities in Merced, California; Loudon, Tennessee; and New South Wales, Australia.When you’re ready for a saltwater adventure, build your custom Malibu in our boat builder and then complete your new build with the saltwater package by visiting your local dealer. You can also visit your local dealer for tips on how to care for your Malibu after a drop in saltwater.
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 is the world’s largest manufacturer of watersports towboats, used both recreationally and in water skiing and wakeboarding events. Malibu Boats, Inc.Malibu Parts is BBB Accredited. This business has committed to upholding the BBB Standards for Trust. CarParts. Inc. BBB Accredited.
What is the Malibu Boats scandal?
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.
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. The price of the 2025 Chevrolet Malibu starts at $26,995 and goes up to $32,695 depending on the trim and options.Malibu boats for sale on Boat Trader are listed for an assortment of prices, valued from $9,676 on the lower-priced models all the way up to $376,275 for the most expensive boats.A 2022 Chevrolet Malibu has depreciated $9,120 or 37% in the last 3 years and has a current resale value of $15,454 and trade-in value of $12,884. A 2022 Chevrolet Malibu has depreciated $9,120 or 37% in the last 3 years and has a current resale value of $15,454 and trade-in value of $12,884.