Rearview mirror: the Volvo Penta Aquamatic
1959 saw the presentation of the Volvo Penta Aquamatic, the world’s first combined inboard engine and outboard drive, at the New York Boat Show. It was a world first and its success really opened the door to the US market.
The Danish boat-builder, Botveds Boats, for example, was already collaborating closely with Volvo Penta and it was also the first company to install the Aquamatic in its boat, the Coronet.
Victories in different sailing races were one way of selling the Aquamatic in the USA. The catamaran Miss Aquamatic won the fiercely competitive Miami Nassau Ocean Power Boat Race by a margin of no less than 11 hours, for example. This victory naturally gave boat salesmen many excellent arguments when they sold Volvo Penta’s engines and drives.
Demand rose sharply at the beginning of the 1960s and, to keep pace with deliveries, a new plant was built in Köping in Sweden.
At the end of the 1960s, the 500 or so employees in Gothenburg also moved to their “own” premises on the large Volvo site in Lundby.
Over the next few years, Volvo Penta also set up subsidiaries in the UK, Germany and Italy. What is more, South America became an important market.
You can read more about Volvo Group’s history on our external website, where you will also find links to our companies’ history sites.
Also visit Global Magazine, the personnel magazine for Volvo Group employees