Tag Archives: watercraft

Taiga Motors Lays Off 70 Workers, Cuts Production After Lackluster Winter

Quebec-based electrical snowmobile and watercraft producer Taiga Motors simply launched its 2023 This autumn and full-year monetary outcomes, and although year-over-year revenues elevated from the CAD $3.2 million recorded on the finish of 2022 to CAD $16.1 million on the finish of 2023, the corporate is not trying all that nice.

For these on the US facet of the border, these figures convert to US $2,367,214 in 2022 and round US $12M in 2023. At the identical time, stock additionally elevated over the previous yr, going from CAD $20.8 million on the finish of 2022 to CAD $33.2 million on the finish of 2023.

These and varied different elements are a number of the the reason why Taiga additionally introduced that it is making two strikes it stresses are non permanent. One is pausing car manufacturing, due partly to the unseasonably heat winter and its unfavourable impacts on snowmobile gross sales. And the opposite is slicing 70 jobs from the employees who have been beforehand chargeable for making these Taiga Motors autos.

The firm introduced each its monetary outcomes and these two items of stories in an announcement revealed on its devoted Investor Relations website. There, it additionally introduced that “Taiga will not be hosting a conference call to discuss its fourth quarter and full year 2023 results.” 

Was this transfer made proactively in anticipation of a unfavourable response to the job cuts? We cannot say what was going via the minds of the oldsters who made any of those choices, from those who selected to chop the roles to those who selected to not maintain a convention name the place contributors may ask questions in real-time as an alternative of personally emailing the CFO’s spam filter. 

Interestingly, the official launch additionally accommodates this paragraph towards the tip:

“Furthermore, given the transition period in which Taiga currently finds itself as well as the Company’s current overall operational, market and financial circumstances, the Company has decided that it does not currently intend to provide any forward-looking guidance, production or sales outlook in respect of the fiscal year ending December 31, 2024 nor for any subsequent period.”

While that is RideApart and never BusinessApart, I can inform you that I’ve personally learn sufficient quarterly and annual financial reports over time to notice that it appears fairly uncommon to haven’t any forward-looking steerage included. 

What does all of it imply? There’s no approach to know for positive at this level, however we’ll be sure you keep watch over future developments from Taiga as they come up.

More Than Just For Fun, Jetskis Save Lives In Hawaii

Jetskis and different private watercraft are among the many most enjoyable you may have on the water. Associate Editor Robbie Bacon simply went on all the way down to Florida to check journey Sea-Doo’s all new lineup, so keep tuned for that.

But do you know that these aquatic bikes can save lives, too?

In coastal areas all around the world, the usage of jetskis goes nicely past sports activities and recreation. For instance, in Honolulu, Hawaii, jetskis are being utilized by lifeguards usually, and have develop into an vital instrument for saving lives. In truth, the Hawaiian Lifeguard Association began a “train the trainer” course in Kaneohe Bay particularly centering on utilizing jetskis in life-saving functions.

 

More particularly, lifeguards had been educated on the perfect jetski ways, strategies, and procedures for rescuing folks in various eventualities. A report by Hawaii News Now goes into element about this, highlighting that any such coaching is a primary of its variety, and has the potential to transcend the shores of Hawaii, probably saving tons of of lives all around the world.

Indeed, representatives from Japan took half within the coaching exercise, too, with Taishi Otono, representing the Okinawan Life Saving Association, highlighting the potential jetskis have relating to conserving shores protected.

“I want to make Japanese water safety higher so this is very good, important training,” Otono advised Hawaii News Now, including that there’s a scarcity of certified water emergency responders in Japan.

The Hawaiian Lifeguard Association’s coaching program goals to standardize the best way lifeguards navigate the surf, with the last word aim being to succeed in swimmers in misery rather more shortly. Harold Teshima, a Maui County water security officer, defined: “So across the state, it’s so important to standardize our rescue techniques so that the communities, the swimmers, the surfers, visitors and locals get the same high-quality rescue techniques when they need it.”

And Hawaii’s lifeguards are already utilizing these gadgets to save lots of folks, as this 12 months has seen wild surf circumstances slam the North Shore of Oahu, canceling surf occasions and battering would-be {and professional} big-wave riders. 

“My first visual after the accident, or initial impact, was looking up at these angles—the lifeguards—surrounded me and I had an oxygen mask on and a neck brace and brain matter seeping out of my head,” says Kohl Christensen, who virtually died again in 2020, however was rescued, telling Surfer, “The North Shore lifeguards being there on a jetski saved my life.” 

Having enjoyable on the seashore is all the time an superior factor. But security ought to by no means take a again seat. Using private watercraft like jetskis in safeguarding the waters used each for work and play can actually go a good distance in making certain peace of thoughts for beachgoers.

This is very true for locations frequented by vacationers and wannabe surfers from all around the world, such because the picturesque seashores of Hawaii, Japan, Bali, and extra.