’04 Volvo R-Series Assembly Location Gent, Belgium ’04 Price Range $37,935-40,730 ’03 Price Range — Both R-Series models are powered by a new high-performance version of Volvo’s turbocharged 2.5L 5-cyl. engine. Continuously variable valve timing for intake and exhaust valves enables the engine to produce 300 hp and 295 lb.-ft. (400 Nm) of torque while emitting fewer emissions and burning less fuel. The engine is mated to a new 6-speed manual gearbox or ...

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