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Annual Report 2008

Continues to capture market share

Kalmar Industries is a world-leading manufacturer of different machines for materials handling and one of Volvo Penta's largest industrial engine customers.

Volvo Penta offers complete drive systems and service for leisure boats, workboats and industrial applications such as diesel-powered gensets and container handling equipment.

Volvo Penta contributes with substantial synergies and economies of scale to the Volvo Group’s total production of diesel engines. During 2008, Volvo Penta sold approximately 30,000 marine and industrial engines based on the Group’s diesel engine platforms. The majority of these volumes consist of industrial engines – a business that Volvo Penta has expanded considerably in recent years. With unique performance characteristics and low emissions Volvo Penta’s drive systems contribute to strengthening the competitiveness of industrial engine customers such as Kalmar Industries, Sandvik and Atlas Copco.

This type of customer, with operations worldwide, can have global support for its operation through the Volvo Group’s complete product and service offering.

On the marine engine side, Volvo Penta delivers engines and drive systems to world-leading boat builders suchas Fairline, Sunseeker, Riviera, Four Winns, Jeanneau/Beneteau and Cranchi. With innovative technological solutions and integrated drive systems, Volvo Penta creates considerable advantages for the customer in the form lower fuel consumption and shorter installation times.

During the year, Volvo Penta continued the launch of Volvo Penta IPS - the acclaimed drive system with forward-facing propellers and steerable drive units. With new and larger drive units connected to the Volvo Group's 11-liter engine, Volvo Penta has expanded its IPS offering with two new power classes: IPS800 and IPS900. With multi installations of these systems, Volvo Penta can offer drive systems for boats up to 100 feet.

For sailboats, Volvo Penta during the year launched a new series of diesel engines with very low emission and noise levels. Standard engines from the same engine family are installed in all of the yachts taking part in the Volvo Ocean Race.

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