The 740 belongs to Volvo's line of mid-size luxury cars that were produced from the 80s to 90s. The first vehicle that came out for this range was the luxurious 760, which was the automaker's attempt to enter the prestige market of the automotive industry. This car was said to be Volvo's way of veering away from its usually boring yet solid and safe vehicles. Two years after, the 740 was released, and it was created as an inexpensive version of the 760. Here's a quick look at the changes that the Volvo 740 underwent during its decade-long run.
1984: Entering the market
With the success of the 760, the lower-end 740 model was introduced to the market two years after in 1984. Compared to Volvo's earlier 200 series, the mid-sized 740 featured better styling, performance, and luxury. The model was sold in two body types--a four-door sedan, which was sometimes called the 744 and a five-door station wagon, which was also known as the 745.
1985: Italian taxation
In Italy, vehicles with bigger engines were heavily taxed and because of this, Volvo furnished their 740s with intercooled versions of the 2.0 L Turbo B200ET engine. This engine was able to churn out up to 156 hp at 5,500 rpm, which was definitely more powerful than the non-intercooled B19ET engine that it replaced.
1989: First multivalve engine
In 1989, Volvo's first multivalve engine was introduced to 740 models in the form of the 16-valve B230 engine. It was large in size and could produce as much power as a Turbo engine.
1990: Major and minor upgrades
During this year, several mechanical improvements were done to the 740. For instance, it B200 and B300 motors were furnished with larger connecting rods. At the same time, its Garrett T3-series turbocharger engine was also upgraded to Mitsubishi's TD04 series. It was also furnished witg a new 2.4 Bosch LH-Jetronic fuel injection system. This equipped the 740 with an onboard diagnostics system, which doesn't need any special tool to run. The changes and upgrades in the 740 weren't just limited to its under-the-hood components, though. In fact, in 1990, the model received minor changes in its exterior components, particularly in its lights. The 740 was equipped with new composite headlights and it also adapted the style of the Volvo 780's tail lights.
1991: Interior makeover
After receiving major upgrades the previous year, the 740 was furnished with a newly-designed dashboard that resembled that of the 760 in 1991.
1993: The end
The production of the 740 officially ended in October 1992. However, some of its components like its engine, transmission, chassis, etc were utilized by the Volvo 940, which was an almost identical model. In its last year, it still underwent several changes like replacing its mechanical engine cooling fan with an electric version.