High Quality Content by WIKIPEDIA articles! The Volvo 300 series is a rear wheel drive automobile sold as both a hatchback and (later) a conventional saloon from 1976-1991. It was launched in the Netherlands shortly after Volvo acquired a major stake in the passenger car division of DAF in 1973. The series consisted of the Volvo 340 (initially badged as the 343/345) and the later Volvo 360.