The designation ÖV 4 stands for "Öppen Vagn 4 cylindrar" in Swedish, which means Open Carriage, 4 cylinders.

All 10 prototypes were assembled in Stockholm at the company AB Galco, Hälsingegatan 41 where Gustaf Larson worked at that time.

Only one of the 10 pre-series cars manufactured during 1926 was saved for posterity and is housed at the Volvo Museum in Gothenburg, Sweden.

Many of Jan G. Smith's original drawings for the ÖV4 and other technical papers that he collected in America are saved in the archive of the National Museum of Science and Technology in Stockholm, Sweden.

Helmer MasOlle, who had been inspired by his personal Voisin C5 when he designed the original ÖV 4, was reportedly furious about the PV 4 and would not be associated with it.