The 1977 Volvo 200 Series has 3 recalls, the most serious affecting 264 and 265 models where a rear axle bearing can fail and allow a rear wheel and hub to separate from the vehicle, causing a sudden loss of control.
Both remaining recalls involve the fuel system, though they affect different model variants. On 242, 244, 245, 264, and 265 models, a faulty fuel tank pressure control valve can allow excess pressure to build up inside the tank, which may cause hairline cracks to form in the tank wall over time. On 242, 244, and 245 models, a separate issue involves improperly soldered joints near the tank's drain plug, which can allow fuel to seep out of the tank. Both conditions carry a fire risk if fuel or fuel vapor reaches a hot surface or ignition source.