Model year 1983 heralded a new addition to the Volvo range - the 360 Series. The Volvo 360 originated in the 340 models, and was powered by a 4-cylinder 2-liter engine. The new car was better equipped, and the "360" designation was introduced to give the new model a stronger profile in the Volvo range.
A year after the launch of the 360 Series, the range was expanded with a 4-door sedan featuring a conventional luggage compartment. This version gave the body a longer rear overhang and thus increased total body length as well.
As a more economical version than the 360 sedan, the 340 series was also produced in 4-door sedan shape (79,964 cars of this 340 version being made).