One problem related to accelerator pedal sensor has been reported for the 2000 Volvo V70. The most recently reported issues are listed below. Please also check out the statistics and reliability analysis of the 2000 Volvo V70 based on all problems reported for the 2000 V70.
The first failure occurred in Aug. 2004, fortunately I do not drive very far, because the car slowed as if it was stalling and then ran sluggish followed by the check engine light. At the time I was alone with my two children who were 20 months and 1 month old and thank god it was a side street because there was no acceleration. As I was on the way to home, the ets light came on. I called the mechanic who looked at it but the codes he came up with had to be fixed by a Volvo dealership mechanic. The price tag for the first fix $1100. The etm was replaced software downloaded and brake pedal sensor was replaced. The mileage at the time 68574. Today luckily I had not even left my driveway, I started my car that all to familiar sputter and the etm light is on again not even 10,000 miles later.