As Klaus already knows, I recently purchased a 99 V70 T5 with a manual transmission, and have been loving it for a month. Yesterday, during the first rain this car has seen in my possession, I was driving on a surface street, doing about 40 mph, slightly downhill. I didn't notice at first, because the car was in gear, but eventually I realized when I pressed the gas, nothing happened. I immediately take the car out of gear and the engine totally dies. As I coast down the hill, I'm struggling with no power steering or power brakes, while at the same time trying to get the car over to the side of the road, as well as attempting to restart it mid roll. It was an interesting experience, and luckily I got over safely.

I sat for a while, attempting to restart, trying various reset techniques. I even had my OBD II scanner with me, but the computer didn't fire any error codes during the ordeal. I was eventually left with the ability to freely turn the engine over, but with no hint of catching, not even after sitting for a while. I'm partially relieved because at first I feared timing belt, which is still an unknown on this car, but after turning over without grinding I'm confident it's not that. It just appears it's getting no fuel or spark (I have half a tank of gas).

I suspect it's got to be some sensor somewhere, but I have much less experience with these more modern Volvo's. Does anyone have an idea what type of failure could kill the engine mid-drive?