One problem related to carburetor has been reported for the 2001 Volvo S60. The most recently reported issues are listed below. Please also check out the statistics and reliability analysis of the 2001 Volvo S60 based on all problems reported for the 2001 S60.
2001 Volvo S60 t5 w/manual transmission stalled abruptly with a "reduced power" message on the dashboard computer display while accelerating on a highway onramp. This was a very dangerous situation, as another vehicle was behind me and came close to colliding with my vehicle due to immediate deceleration w/no warning/brake lights until I was able to react to the unexpected situation. After pulling over, stopping the car for a few minutes and restarting, I was able to continue driving it, but it seemed to run rough and "stutter" a bit for the rest of the trip. Drove to local Volvo dealership first thing next morning and resulting diagnosis & repair was "throttle unit internal fault" and replacement of the electronic throttle module (etm). Engine fault codes were: ecm 915d, 916d, 904c, 928a & 903f. Repairs totaled $1,012. 03.