Two problems related to ignition module have 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.
I have a 2001 Volvo V70 t5 (turbo wagon) I had to replace the etm with year. I see you are investigating Volvo for this. I would like to be part of that investigation. Please contact me for any further details needed.
Failure of electronic throttle module on Volvo 2001 xc V70. The electronic module controls the throttle. The failure of this electronic at a high rate of speed can cause immediate loss of power or a surge in power resulting in a possible accident. This problem appears to be prevalent in Volvo cars. The resolution is expensive ($1k). I am surprised that a recall was not made for this faulty component which has safety consequences.