Volvo Penta and Yamaha Motor in technological cooperation

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AB Volvo Penta and Yamaha Motor Co., Ltd have entered into a technological agreement to develop boat control system.

Through the wholly owned electronics company, CPAC Systems, Volvo Penta is developing world-leading electronic solutions, such as the electronic platform.

This CAN-based network, which links the engine, transmission, instrumentation and accessories in a single system, currently forms the electronic base of Volvo Penta’s product range for power boats.

The introduction of boat control system in the marine industry is going to intensify in the years to come and, with a view to creating technological synergies, Volvo Penta and Yamaha Motor have now signed an agreement involving technological partnership.

This partnership will initially focus on Volvo Penta’s existing technology, but the parties are also planning to evaluate the opportunities for cooperation in the marketing area.

“With electronics and state-of-the-art technology, boat owners today can obtain access to fantastic systems and accessories, such as joystick maneuvering”, says Volvo Penta’s president, Göran Gummeson. “The technology agreement between Yamaha Motor and Volvo Penta will create the potential for both companies to further strengthen their customer offering in the field of electronics.”

The technology agreement will take effect at the end of the year and a selection of Volvo Penta’s existing electronic solutions adapted for Yamaha Motor is expected to be introduced within a few years.

December 6, 2010

For further information, please contact Mats Edenborg, SVP and Head of Corporate Communication, AB Volvo Penta. Phone: +46 31 66 83 11 or e-mail: mats.edenborg@volvo.com

Volvo Penta, with some 4,000 dealers in over 130 countries, is a world-leading and global manufacturer of engines and complete power systems for both marine and industrial applications. The engine program comprises diesel and gasoline engines with power outputs of between 10 and 900 hp. Volvo Penta is part of the Volvo Group, one of the world’s leading manufacturers of trucks, buses and construction equipment, drive systems for marine and industrial applications, aerospace components and services.

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