One problem related to automatic transmission park/neutral start switch has been reported for the 2001 Volvo V70. The most recently reported issues are listed below. Please also check out the statistics and reliability analysis of the 2001 Volvo V70 based on all problems reported for the 2001 V70.
Vehicle was parked inside a parking lot. Vehicle was in drive and driver removed key from ignition. When she returned to pick her car up, vehicle had rolled down the hill, and hit a parked vehicle. Dealership was aware of problem.