As the replacement for the popular 850 T-5R and 850R Volvo developed the V70 R. Similar to the previous generation R models it featured a unique leather/alcantara interior with diamond stitching on the seats. Further styling touches were a special front bumper, blue gauge faces for the instrument cluster, two special colours and special alloy wheels. All US cars were equipped with 16" alloy wheels, other markets had 17" wheels available at extra cost or as standard equipment.
Standard equipment was substantially upgraded over normal models with few options available such as a trunk mounted CD-changer, RTI navigation system or an upgraded stereo system. Intended to be the high performance version of the model range, all R models are fitted with the highest performance engines of the line up. Available in both front-wheel drive and all-wheel drive with either automatic or manual transmission. A redesigned suspension with lower ride height and firmer shocks was standard. Three different versions were produced, depending on the model year.
Source: Wikipedia (original)