Wiklund was the legendary head of Volvo Penta for 28 years and is known as the founder of the modern Volvo Penta.
Under Wiklund's visionary leadership between 1949 and 1977, Volvo Penta was transformed from an engine company with a strong Swedish orientation to a worldwide enterprise with global presence and sales, according to company president Goran Gummeson.
Wiklund achieved this with determination, resolve and an unerring understanding of business and technology; a combination that enabled him to act immediately when American Jim Wynne came to him in the 1950s with his ideas for a new and revolutionary transmission for boats, Gummeson wrote.
It eventually became the Aquamatic sterndrive - one of marine history's most important innovations to date.
"Wiklund was also the architect behind our 40-engine and the Vara Plant, inaugurated in 1977, which created an entirely new segment in the marine industry, namely performance diesel engines with sterndrives," wrote Gummeson.
"It is with the greatest sadness, respect and gratitude that I bid farewell to Harald Wiklund," Gummeson said.