Elan suspends yacht building

Elan Yachts is to pause building sailing yachts. Seven dealers initially shared the news, with an open letter stating: “the company has decided to suspend the production of sailing yachts for at least 12 months.” and adding that “This decision, officially announced by Elan, came as a surprise, especially as it was not accompanied by a clear and shared strategic plan regarding future product developments.” We put the news to Elan, who responded saying: “...we have decided to undergo a complete st...