From Volvo press: In 1936, a less complex, cheaper model had been developed alongside the PV36. It was called the PV51 and was greeted with tremendous interest. Although it was more expensive than the majority of rival makes in its class, customers were still prepared to pay a few hundred kronor more for this, the first "people's car", which also carried a name people associated with quality - Volvo.
The PV51 did not have the same extreme lines as the PV36, but its character was the same. The body was narrower, with a flat undivided windscreen. The rear section and the doors were virtually identical to those on the PV36 and the spare wheel was still in the luggage compartment.
The engine was also the same, with an output of 86 hp. Together with the weight of 1,500 kg this made the PV51 much faster than earlier models. In certain areas the PV51 had been simplified to a point that was barely acceptable, however. It had just one windscreen wiper, no armrests and cheap quality upholstery, for example.
Even so, the price - 5,800 Swedish kronor - attracted many customers and sales went well.