In 1938 Volvo presented its light LV101-series truck, affectionately known as the "Sharpnose".

The two models series shared many parts, including the engine, radiator cover and bonnet.

The smallest model LV101 was mechanically almost identical to the taxicab, while the larger LV102 was a "genuine" truck.

[2] In 1940 the program was supplemented with the heavier LV110/111/112, built on three different wheelbases.

[3] After the Second World War Volvo updated the truck series with the stronger ED engine, renaming it L201/202.