The 2007 Grand L40 series included five models in Europe (internationally, the models L3240, L3940, and L4740 were also known). The four-cylinder engines featured electronic engine management. The three largest models had 2.4-liter turbocharged engines, and the two largest also had exhaust gas recirculation. The two largest models also came standard with power-assisted hydrostatic transmission HST Plus, which was said to be entirely new. The system included a separate foot-operated clutch, a quick shift, and several automatic functions such as throttle adjustment based on the position of the foot pedal, stall prevention, and a gear automation that downshifts the quick shift as the load increases. In Germany, all cab-equipped models came standard with air conditioning and an air-suspended seat. The cab was redesigned in 2013.

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