FM stands for Forward control Medium height cab, where the numbers denominate an engine capacity in litres.

Released in conjunction with face-lifted FH range the FM7,10,12 included Volvo electronic architecture and upgraded D12 engine whilst carrying over the older D7 and D10 engines which traced their origins to the early push-rods TD70 and TD100 power plants but with modern electronic controls implants to increase power outputs and improve fuel efficiency and emissions.

In principle the FM and the FH and to a degree the NH cabs have a same layout with driver and passenger area, dashboard and seats as the common feature.

Introduction of D12C engine had created all new beast in its class thanks to its extra power and powerful engine brake which were only available previously in the FH class saw operators with an option of smaller cab but still capable long haul unit particularly with globetrotter cab and indeed FM12 did steal some sales from its bigger brother the FH12.

[7] Among changes resulted were 7- and 10-litre engines being dropped and replaced by an all-new 9-litre D9A engine and introduction of a new automated gear-change transmission I-Shift and new passive safety feature FUPS Front Underrun Protection System, designed to prevent smaller vehicles from being "under run" or wedged under front of the truck in an event of frontal collision.

Volvo Truck Corporation had announced[12] a new version of an engine the D11B available in two power outputs 390 hp (290 kW) and 430 hp (320 kW) as well as new safety features such as Driver Alert Support monitor, Electronic Stability Program (ESP), Lane Changing Support, Cornering lights and Rain detection windscreen wipers.

The facelift version based on the FM was unveiled on 19 March 2013, and made its first public appearance was in April at the 2013 Commercial Vehicle Show in the UK.

It also adopts a refreshed grille, and the redesigned dashboard with a choice of two digital dials and two analogue gauges, as well as a new steering wheel and an infotainment system.

The third generation FM features a new LED headlights, combined with halogen and projector units borrowed from the refreshed FH.

[15] In November 2013, Volvo released the "Epic Split" viral advertisement on YouTube to promote the FM's dynamic steering system.

In the video, Jean-Claude Van Damme performs his splits while standing on the side mirrors of two FMs running in reverse.