One problem related to steering column 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.
Steering column lock locked up while driving. Key still worked and car still running but was unable to steer. Would have been a disaster if I was driving any faster. Very scary and should be safety recall!!!.