Export successes continued in the early seventies and export share rose as high as 84% in 1973. Large volumes of industrial engines were sold to makers of irrigation units.
Volvo Penta acquired outboard production from Monark-Crescent, adding new products to the program. In 1973, Volvo Penta acquired outboard production from Monark-Crescent and the U-22, Monark and Archimedes became new products in the already extensive Volvo Penta program. To begin with, sales of these outboard engines were acceptable, but towards the end of the 1970s competition from the Japanese became too fierce, sales started to show a loss, and the production in Uppsala was terminated.
the S-drive for sailboats was introduced and the year after Volvo Penta of North America was formed. 1976 - a plant is built in Chesapeake for modifying gasoline V8s to marine applications. 1977
- the 40 Engine is introduced. “The first diesel with petrol engine performance” said the press about this six-cylinder, direct injected marine diesel.