Volvo Penta was founded as Penta in 1907 with the production of its first marine engine, the B1. The Penta company soon became an established internal combustion engine manufacturer, which in 1927 delivered the engine for Volvo’s first passenger car.
Current operations
Marine engines and complete marine propulsion systems
Volvo Penta has introduced several industry-first innovations to the marine engine market, including the sterndrive unit, contra-rotating propellers Duoprop, and Forward Drive. In 2005, Volvo Penta launched the first IPS engine, a new “pod type” boat drive system with counter rotating forward-facing propellers operated by a joystick. Its engines are used by more than 140 boat manufacturers including Fairline Boats, Sunseeker, Riviera, Four Winns, Sea Ray, Hanse, and Cranchi. In conjunction with Volvo owned CPAC Systems, Volvo Penta and Yamaha Motor signed an agreement involving technological partnership in December 2010.
Industrial engines
The company sells its engines to a variety of users, including many generator manufacturers such as Sdmo, Genpower, Kohler and Shanghai Dingxin Electric Group. Its engines are also used in mining equipment and stone-crushing machinery.
Manufacturing bases
The company has a number of manufacturing bases for diesel engines at Vara, Sweden; Lingang, China; and Lexington, Tennessee, United States, for all gasoline engines and sterndrives. Volvo Penta operates worldwide and has around 4,000 dealers in 130 countries.