Just a thought, since I have overcome every flakey fuel and ignition problem possible on a 1992 Regina 745. Could the vacuum line from the Manifold Pressure Sensor be leaking at the intake manifold? It's an oddball little rubber part, no longer available, but could fool the computer to an incorrect reading, thus requiring a richer mixture. After the engine warms, the mixture is OK. I put small hose clamps on all the vacuum fittings. The cold weather start valve is another issue altogether. Volvo disconnected mine and zapped the ecu to ignore it. I also had to replace the Rex/Regina ignition module after it displayed odd cold start issues and stalling. Rex/Regina was not one of Volvo's better ideas. Now at 230,000 miles my 745 runs great and hasn't cost me a dime for service ((except oil changes) for two years. Starts cold without a problem. Finding the right fixes was a long slog, but the result was worth it.
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