Volvo Penta becomes majority owner of innovative outboard motor manufacturer Seven Marine.

  Volvo Penta has signed an agreement to become the major owner of innovative premium outboard motor manufacturer, Seven Marine, enabling the Swedish company to extend its scope of world-leading integrated propulsion systems. “With this acquisition, Volvo Penta is entering the outboard motor segment," says Volvo Penta president, Björn Ingemanson. “Together with Seven Marine, we are on…

Yamaha Outboards and Volvo Penta Pair Up

Yamaha Motor Co. and AB Volvo Penta Thursday announced a strategic alliance designed to utilize each company's strengths to make both stronger. The announcement was made at the Miami International Boat Show and builds on the announcement in December that Volvo Penta and Yamaha signed a technical agreement for the joint development of boat control…