From the very first origins of Volvo Penta – cast-iron hardware manufactured in a provincial Swedish town back in 1868 – to today’s innovative marine products and high-tech industrial power generators, quality and efficiency has always been our guiding-stars. In other words: we use the same value compass as customers.

 

However, the most rapidly growing operation for Volvo Penta in the past decade has been sales of industrial engines, which currently represent about 40% of Volvo Penta’s total sales value.

 

The basis for the industrial engine business is the strength in the Group’s total product and service offering. Assisted by these, it is able to offer high-technological products, as well as global support for such industrial applications as diesel-operated gensets, cranes and container handlers.

 

The ambition is to expand industrial engine sales through increased market shares in an increasing number of segments, for example, mining and construction equipment, and in emerging markets in, for example, Asia and Africa.

 

Through sales of marine and industrial engines, it will contribute significant synergies and economies of scale to the Group’s manufacture of engines and transmissions. Approximately 10% of the Group’s total diesel volume represents engines sold by Company.

 

With respect to the Volvo Group’s most efficient engine, the D16, accounts for approximately two thirds of the Group’s total sales and consequently, delivers a crucial volume contribution to this engine series.