The English 300 series replaced the 200 series in the spring of 1987. Due to the more expensive 3000 series, there was more room in the lineup for a cheaper alternative, and the entire series was also sold in Finland. The smallest models in the lineup were the 3-cylinder 350 and 360, the latter featuring a turbo. Unlike the larger models, these had a dual clutch and a power take-off. However, the transmission was the same synchronized 12+4 as in the larger models, and the steering was hydrostatic. The front axle was manufactured by GKN Sankey. The cab was factory-installed. These first versions can be recognized by their red and black cab.

The 300 series featured very traditional MF technology. The gear levers were still in the middle, and the draft control was operated via a push rod. In some countries, versions with 8+2 gears were also available.

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