> My V70 has behaved well up to now, but at the weekend I was going down a
> very long hill (3 minutesish) and so put the car in Low3 to take some strain
[quoted text clipped - 7 lines]
>
> Any ideas what happened, and if I did any damage?
The smell is the hot transmission fluid. It gets hot when the
transmission is working either accelerating or decelerating. I live on
a 500' hill and after I climb the hill to my home, the transmission
always smelled hot in all my Volvos. I doubt if it hurt anything.
> Background info: Sometimes at traffic lights the engine stumbles but the
> computer keeps it running.
This is a different problem which is under warranty. I had the same
problem and the 155 Service fixed it for me. There is a "service
campaign" for the electronic throttle system (ETS) and electronic
throttle module (ETM) where they actually put in a new program that
ignores errors by the ETM. If they need to replace the ETM, it covers
that. It is not techically a recall, but "VSC 155 service campaign".
Here is what the campaign covers:
"Electronic Throttle Module (ETM) failure may illuminate Electronic
Throttle System (ETS) light or MIL. Symptoms may include, uneven engine
idle, and/or "limp home mode" that could restrict vehicle speed to 10-30
miles per hour. Faults of the ETM are stored as DTCs in the ECM. If OBD
II detects a fault that might increase emissions, the MIL is
illuminated. Remedy: A software upgrade will be performed at the next
service interval, and ETM warranty extended to 10 years or 200,000
miles, whichever comes first."
It basically covers S70, V70, V70 XC, C70, S80, and S60 from 1999 to
2002.
For more information check page 2 of:
http://www.epa.gov/otaq/cert/recall/2006recallreport4.pdf

Signature
Cheers, Steve Henning in Reading, PA, USA
Owned '67,'68,'71,'74,'79,'81,'87,'93,'95 & '01 Volvos.
The '67,'74,'79,'87,'95 and '01 through European Delivery.
http://home.earthlink.net/~rotarians/volvo.html