One problem related to air bag not deploy has been reported for the 2012 Volvo XC60. The most recently reported issues are listed below. Please also check out the statistics and reliability analysis of the 2012 Volvo XC60 based on all problems reported for the 2012 XC60.
I was in an accident driving on a highway driving my Volvo Xc60. I was traveling at approx 100km/h and ran into the back of a semi that was traveling at an approx speed of 80km/h. The impact was in the right front (passenger) side of my xc-60 and the left rear of the semi. The airbags failed to deploy anywhere on the Volvo. Thankfully, nobody was seriously hurt as all were wearing seatbelts. Based on the severity and speed of the impact, I am very suprised and concerned the airbag system didn't function.