The model name stand for PersonVagn ("passenger car"), 6 cylinders, 5 seats; the third digit indicates the version.

In January 1932 the PV652 was updated with the larger capacity 3366 cc EB engine and a new 3-speed gearbox with synchronized 2nd and 3rd gear.

Total production of PV651/652: 2,176 cars In the autumn of 1933 the six-cylinder Volvo cars were updated with a new, stronger chassis with an X-shaped cross member support, smaller 17-inch rims and an all-steel body, without the wooden frame.

The body had new fenders and the windshield and radiator grille were slightly tilted to improve the aerodynamics.

The passenger cars were superseded by the Volvo PV51 in 1936, while the commercial chassis version soldiered on for one more year.