Volvo Penta Volvo took over Penta from c.1930. Penta, at that time, produced car engines for Volvo, inboard motors and the famous U-2 outboard motor. The name was kept “Penta”. Over time more priority was put into the Volvo car engine production and it was difficult to sell inboard- and outboard motors during the war years from 1940. Electrolux had bought Archimedes in 1941 and was then the only major producer of outboard motors in Sweden and they soon in 1943 bought the production rights as well for Volvo Penta outboard motors. Volvo Penta kept the inboard motor production and developed this motors. Famous later names are MD-1 (marine diesel) and of course “Volvo Penta Aqamatic” introduced 1959 in USA. The company name was changeded to “Volvo Penta” in 1961 and the name is still the same. In 1954 Nymanbolagen (NV-Marin) in Uppsala presented its first small outboard motor “ NV Skipper” which soon also was sold under the “Crescent” name. (From 1943-1973 the same motors were marketed under different names : Penta, Monark, Crescent and Archimedes. (This is called “Badge engineering”). In 1960 “Monark” in Varberg and “Nymans” in Uppsala formed one new company “Monark-Crescent”, (MCB) and all outboard motor production is placed in a new factory built in Uppsala. In 1965 “Monark-Crescent” takes over “Archimedes” from “Electrolux” and the old Archimedes factory in Stockholm was closed. In 1973 Volvo-Penta buys the division for outboard motors from MCB. The motors is then marketed under the Volvo Penta and Archimedes names. In 1979 Volvo shuts down the production of outboard motors in Uppsala and more than 500 employed had to look for new jobs.
