The V50 is a compact luxury station wagon based on the Volvo P1 platform shared with the Volvo S40, Mazda Mazda3, and the new European Ford Focus. The top-of-the line V50 is the T5 AWD. This model features all-wheel-drive and a five-cylinder, 2.5 L petrol-powered engine with a light-pressure turbocharger.
The compact V50 has been dubbed a "sport wagon" by Volvo. The Volvo V50 debuted for the 2005 model year, and there have been just a few changes along the way. Initially, it was available in base 2.4i (168 hp) and turbocharged T5 (218 hp) trims. Both were front-wheel drive, with the T5 also available with all-wheel drive. The T5's power output was boosted to 227 hp for 2008. A six-speed manual transmission for the T5 was sporadically available, depending on model year and drive configuration.