The S60 was built on Volvo’s P2 platform, which was shared with other Volvo models like the S80, V70, XC70 and finally the XC90.
It might be seen as a replacement for the S70 although the S60 was slightly smaller. In 2003 the fastest version was released with a 5 cylinder inline turbocharged 2.5 litre engine named the Volvo S60 R.
The S60 was refreshed in 2005. The exterior was updated with body-colored side moldings and bumpers, as well as new headlamps. The interior received some updates as well, with new seats, trim, and an updated center console. The Four-C chassis from the S60 R became an option on some S60s. The T5 engine was also reengineered from 2.3 to 2.4 litres and received an increase of 10 bhp (7 kW; 10 PS), An extra Turbo in the D5 Model also increased the D5 Bhp from 163 bhp to 183 bhp.