Volvo's owner's manual is wrong from 01-04 for V70/S60/XC70. The actual PS fluid is a synthetic hydraulic fluid called CHF-11S. Most of the European cars switched to this in the last 10 years or so.
How do I know? I put ATF in the system. I just replaced my steering rack due to leaking seals.
If you want to confirm, call your volvo dealer. I'm sure they will tell you it is the "green fluid" which is CHF-11S.
More info here. This fluid isn't easy to find at your local auto stores.
http://www.freewebs.com/howardsvolvos/steering.htm
--
2001 V70 T5 ASR, 2001 XC70, http://www.freewebs.com/howardsvolvos/
|