Erratic shifting from the automatic transmission and cold start issues can sometimes be corrected by software upgrades to the engine and transmission control modules.
Car Problem Reports
Volvo S60 Software Upgrades Will Fix Transmission/Cold Start Problems
Volvo S60 Problem
Average Mileage: 33,000 mi (21,000 mi - 45,000 mi)
erratic shifting,engine revs-up first than transmission follows.
Visitor, 2003 Volvo S60, 45,000 mi
doesnt shift well from second gear to third when getting hot .should be recall ,i already spend 4000$ and problem came back one year later