Unlike its smaller sibling, who used some elements from Volvo's passenger cars, the LV66-series components were built exclusively for truck use.

[2] These included a new overhead valve engine, a heavy duty four-speed gear box, steel rims and four-wheel hydraulic brakes.

The truck was built in two weight classes: the smaller LV68 and LV69 with a payload of 3.25 tonnes and the heavier LV66 and LV67 with a payload of 3.5 tonnes.

From 1933 the LV66 and LV67 could be delivered with a trailing axle which increased the payload to 5.25 tonnes.

The long wheelbase LV70 was primarily equipped with bus bodies.