NHTSA lists 2 safety recalls and 11 owner complaints for the 2001 Volvo V40. Most complaints involve service brakes, hydraulic (4) and engine and engine cooling (3). The EPA rates it 23 mpg combined.
CERTAIN PASSENGER CARS FAIL TO COMPLY WITH THE REQUIREMENTS OF FEDERAL MOTOR VEHICLE SAFETY STANDARD NO. 225, "CHILD RESTRAINT ANCHORAGE SYSTEMS." THE SECOND ISOFIX GUIDE WAS NOT INSTALLED IN THESE VEHICLES AND, IN CERTAIN CASES, THE OWNER'S MANUAL ISOFIX INFORMATION IS INCORRECT.
VEHICLE DESCRIPTION: SEDAN AND WAGON PASSENGER VEHICLES. A DIODE IN THE ELECTRONIC CLIMATE CONTROL SYSTEM MAY HAVE A REDUCED SERVICE LIFE.
Complaints are unverified owner reports to NHTSA and are not normalized for sales volume. One complaint can cite several components.
“TL*THE CONTACT OWNS A 2001 VOLVO V40. THE CONTACT STATED WHILE DRIVING HE HAD TO APPLY EXTREME PRESSURE TO THE BRAKE PEDAL IN ORDER TO STOP THE VEHICLE. THE VEHICLE WAS INSPECTED BY AN INDEPENDENT MECHANIC WHO ADVISED HIM THAT THE FAILURE WAS CAUSED BY THE POWER ASSIST VACUUM. THE VEHICLE WAS NOT REPAIRED. THE MANUFACTURER WAS CONTACTED AND OFFERED NO ASSISTANCE. THE FAILURE MILEAGE WAS APPROXIMATELY 154,000. THE VIN WAS UNAVAILABLE.”
“2005 (SEP/NOV/DEC): ENGINE CHECK LIGHT ON 3 TIMES. DEALER REPAIRED ALL 3 TIMES AND FOLLOWING MONTHS, WHICH IS 2006, HAVING SUDDEN SHIFTING/ACCELARATING AT LOW SPEED. DEALER FIXED 2 TIMES AND 1 TIME COULDNOT FIND THE ISSUE. AUG. 18, 2007: CONTINUED HAVING SAME PROBLEMS PLUS CAR WAS JERKING ON FWY SPEED. TWO DAYS LATER, I COULDN'T START THE CAR. DEALER REPLACE NEG. BATTERY CABLE AND #4 IGNITION COIL. AUG.21, 2007: CALLED TO INFORM VOLVO NORTH AMERICA AND THEY SUGGESTED THAT I SHOULD TALK TO DEALER SERVICE MANAGER. AUG. 27, 2007: THE CAR IS HAVING SAME ISSUE: SUDDEN SHIFTING @ LOW SPEED & JERKING ON FWY SPEED. THIS IS VERY DANGEROUS TO DRIVE AND I DON'T KNOW WHEN THE CAR IS GOING TO STALL MIDDLE OF FWY. I TOLD THE DEALER THAT THE CAR SYMPTONS ARE VERY MUCH LIKE ETM PROBLEM (RECALL) ON OTHER MODELS. AUG. 29,2007: DEALER REPLACED ANOTHER #3 IGNITION COIL AND SPARK PLUG. I DON'T KNOW HOW MANY TIMES I WILL HAVE TO GO BACK TO THE DEALER FOR REPEAT REPAIR. THE DEALER DIDN'T BOTHER TO CHECK ETM UNIT. SO FAR, I AM LUCKY THAT I HAVEN'T GOTTEN ACCIDENT. (SAME DEALER SERVICE MY CAR SINCE 2001)”
“TRANSMISSION SLIPS, RPM/SPEED INCREASES AT APPROX 30 MPH INTERMITTENTLY AND AFTER A TURN FOR APPROX 1-2 SECONDS, CAUSING AN UNSAFE, AND ALARMING EXPERIENCE. *AK”
Towing, payload and dimensions aren’t in the EPA or NHTSA data, so we don’t list them.
| Version | City | Hwy | Comb. | Fuel / yr | CO₂ g/mi |
|---|---|---|---|---|---|
| V40 Auto 5-spd, 4 cyl, 1.9 L, Turbo · Front-Wheel Drive | 20 | 29 | 23 | $3,350 | 386 |
| Item | Miles | Time | Note |
|---|---|---|---|
| Engine oil & filter | 5,000–10,000 mi | 6–12 months | Follow the oil-life monitor if fitted |
| Tire rotation | 5,000–7,500 mi | Every oil change | Check pressure monthly |
| Engine air filter | 15,000–30,000 mi | 1–2 years | Sooner in dusty areas |
| Cabin air filter | 15,000–25,000 mi | 1–2 years | |
| Brake fluid | — | 2–3 years | Absorbs moisture over time |
| Coolant | 60,000–100,000 mi | 5–10 years | Long-life coolants last longer |
| Spark plugs | 60,000–100,000 mi | — | Iridium/platinum plugs at the long end |
| 12V battery | — | 3–5 years | Heat shortens battery life |
2 safety recalls as of Nov 11, 2026, according to NHTSA. Recall repairs are free at a dealer. Check your VIN to see whether your car is included and whether the repair was done.
Owners filed 11 complaints with NHTSA. The most-cited components are service brakes, hydraulic (4), engine and engine cooling (3), power train (2). Complaints are unverified owner reports and aren't adjusted for how many cars were sold.
The EPA rates the 2001 Volvo V40 at 23 mpg combined, depending on engine and drivetrain (1 version rated).