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#574517 - 11/08/20 12:52 PM Volvo Penta Ending Production Of Seven Marine Outboards  
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Dock Holiday Offline
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Dock Holiday  Offline
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Lake Geneva, WI
Volvo Penta announced that it will cease the production of Seven Marine Outboards in January, 2021. Wow, they only recently purchased the company, so this seems like an odd decision, but what do I know. Here is a link to a story :PowerBoating.

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#574518 - 11/08/20 03:52 PM Re: Volvo Penta Ending Production Of Seven Marine Outboards [Re: Dock Holiday]  
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captkevin Offline
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Another not so great purchase in the marine industry. Seems to be a trend of making bad decisions. Polaris - buying Rinker & closing them in less than 2 years comes to mind.


2004 Rinker 232
2010 Dodge Ram Crew Cab Laramie 4x4
#574519 - 11/08/20 04:27 PM Re: Volvo Penta Ending Production Of Seven Marine Outboards [Re: Dock Holiday]  
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GoFirstClass Offline
Retired Boating Bum
GoFirstClass  Offline
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Grand Poobah

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Pasco, WA
Seems odd that they buy the outboard manufacturer then all of a sudden they are going to be a net-zero emissions company. Did someone just wake up on a Monday morning and decide they were going to do this? Is this one department of Volvo not talking to another?


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Anchor's down......Bottoms Up!
#574520 - 11/08/20 06:24 PM Re: Volvo Penta Ending Production Of Seven Marine Outboards [Re: Dock Holiday]  
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Dock Holiday Offline
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Dock Holiday  Offline
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Why not sell the business? Makes me wonder if there is more to the story.

#574521 - 11/09/20 11:10 AM Re: Volvo Penta Ending Production Of Seven Marine Outboards [Re: Dock Holiday]  
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captkevin Offline
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captkevin  Offline
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Would seem to make more financial sense


2004 Rinker 232
2010 Dodge Ram Crew Cab Laramie 4x4
#574522 - 11/09/20 09:59 PM Re: Volvo Penta Ending Production Of Seven Marine Outboards [Re: Dock Holiday]  
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GoFirstClass Offline
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GoFirstClass  Offline
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Grand Poobah

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Pasco, WA
Originally Posted by Dock Holiday
Makes me wonder if there i more to the story.

Ding, Ding, Ding We have a winner! Hopefully someone will spill the beans.


"Beachcomber" 1995 Sea Ray 550 Sedan Bridge


Anchor's down......Bottoms Up!
#574527 - 11/11/20 11:17 PM Re: Volvo Penta Ending Production Of Seven Marine Outboards [Re: Dock Holiday]  
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Frantically Relaxing Offline
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Frantically Relaxing  Offline
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maybe they've been making too much money lately and just needed a big tax write-off... ouch

#574529 - 11/12/20 09:11 AM Re: Volvo Penta Ending Production Of Seven Marine Outboards [Re: Dock Holiday]  
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captkevin Offline
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captkevin  Offline
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Was thinking they might have a write off advantage otherwise why would you do it?


2004 Rinker 232
2010 Dodge Ram Crew Cab Laramie 4x4
#574530 - 11/12/20 12:20 PM Re: Volvo Penta Ending Production Of Seven Marine Outboards [Re: captkevin]  
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MarkHB Offline
Dressed for dinner
MarkHB  Offline
Dressed for dinner
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Norris Lake, TN
Originally Posted by captkevin
Was thinking they might have a write off advantage otherwise why would you do it?


Because the ROI is not there. Plus what they have to invest to keep up with the competition. It is a crowded market.


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#574531 - 11/12/20 04:18 PM Re: Volvo Penta Ending Production Of Seven Marine Outboards [Re: Dock Holiday]  
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captkevin Offline
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captkevin  Offline
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What competition??Does anyone else makes 775 hp outboards? Feel like someone dropped the ball & didn't think it through before they bought them.


2004 Rinker 232
2010 Dodge Ram Crew Cab Laramie 4x4
#574532 - 11/12/20 04:20 PM Re: Volvo Penta Ending Production Of Seven Marine Outboards [Re: Dock Holiday]  
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captkevin Offline
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captkevin  Offline
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They bought them in 2017. That is pretty quick to decide to shut them down


2004 Rinker 232
2010 Dodge Ram Crew Cab Laramie 4x4

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