Transmission warning light

SOURCE: volvo s60 abs systems

it is most likely that the abs module is faulty,, if the fault codes are read and it shows a fault with the right rear sensor then the module is faulty,,they usually go wrong at about 110//140k

SOURCE: 2001 volvo s60 t5 - performance reduced warning message, limp mode activated

I had exactly the same problem on my UK 2001 S60.
It was caused by the throttle control housing gaskets not being serviced properly and consequently the entire housing had to be replaced - not a cheap job -and a valuable lesson learned - use a reputable volvo specialist to service your volvo - I didn't and I learnt the hard why! only a volvo specilaist would have known about this I went to several other main street garages & none of them could even diagnose the problem let alone fix it. Although they did do numerous other things first before they gave up - ie replaced titanium spark plugs.
Before it stoppped running altogther and went into "limp home mode" there were tell-tale engine/throttle surges when the car was idle, but in gear.
It is now running "like new" & I will never get another garage to service it, as this could have been avoided - however they can also wear out after about 10years - so my bad services just made it happen sooner!
I hope this helps!

SOURCE: adjusting headlights volvo s60 2002

There is 2 white 6mm adjustmentbolts on the backside of the headlight

SOURCE: Volvo S60 sensor ?

Sounds like an oxygen sensor (there are two). I had a recent problem where I had a rough idle and my S60 continued to stall out. Turned out to be the rear oxygen sensor. After replacement, car idles nicely and car drives normally.

SOURCE: 2002 Volvo S60 2.4T AWD SRS-AIRBAG SERVICE URGENT

you will have to have the SRS system reset at volvo dealer. should be around $85 for reset