The front control arm bushings wear out, resulting in alignment issues and squeaking and/or knocking noises from the front end. Worn bushings will require replacement.Google+
Car Problem Reports
Volvo V70 Front Control Arm Bushings May Wear Out
Volvo V70 Problem
Average Mileage: 112,325 mi (59,600 mi - 180,000 mi)
Visitor, 2002 Volvo V70, 59,600 mi
Driver's side loud squeaking noise at any speed. Local mechanic had difficulty finding the problem, but I searched here and this sounds likely, since they have checked out wheel bearings, rotated tires and checked all assemblies for problems, and found nothing wrong. The loud squeaking noise is getting worse.
Went in for other work (etm) and dealer said our Control Arm Bushings need repair/replacement
Visitor, 2003 Volvo V70, 85,000 mi
Noise from the front.
Visitor, 2001 Volvo V70, 152,000 mi
Steering wanders at slow speeds and jiggly over bumps. Diagnosed as worn control arm bushings by CRO Volvo independent shop.
Visitor, 2005 Volvo V70, 98,000 mi
Mechanic discovered during pre-purchase "lemon check".