2023 Volvo S60 — Full Specifications

Reviewed by the 247VehicleCheck Data Team — automotive data reviewers

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37Best Combined MPG (UK)
2L 4-cyl turboEngine
Premium GasolineFuel Type
$2,650Est. Annual Fuel (US EPA)
5★NHTSA Safety
62CO₂ g/km

The 2023 Volvo S60 is a saloon/sedan powered by a 2L 4-cyl turbo premium gasoline engine. Its most fuel-efficient configuration returns around 37 mpg (UK) / 31 mpg (US EPA) combined, with 34–37 mpg (UK) across all configurations. Owners often keep a Volvo S60 workshop manual to hand for servicing and repairs.

Compared with the 2022 Volvo S60: Fuel economy is essentially unchanged at around 37 mpg (UK) combined. No longer listed: 2L 4-cyl twin-charged. It carries the same 5★ overall NHTSA rating.

Full Specifications

Engine2L 4-cyl turbo
TransmissionAutomatic (S8)
Fuel TypePremium Gasoline
PowertrainPlug-in Hybrid
DriveAll-Wheel Drive
Body StyleSaloon/Sedan
Passenger Volume (EPA)93 cu ft (2,633 L)
Luggage Volume (EPA)12 cu ft (340 L)
Fuel Economy (UK)37 combined / 36 urban / 40 extra-urban mpg
Fuel Economy (US EPA)31 combined / 30 city / 33 highway mpg
CO₂ Emissions62 g/km
EPA Greenhouse Gas Score6 / 10 (10 = lowest emissions)
EPA Est. Annual Fuel Cost$2,650 (15,000 mi/yr, US prices)

Engine & Transmission Options

EPA lists 3 configurations for the 2023 Volvo S60, all with the 2L 4-cyl turbo engine. Combined fuel economy ranges from 28 to 31 mpg (US), or 34 to 37 mpg (UK), depending on engine, transmission and drive. The headline figures at the top of this page describe the most fuel-efficient configuration.

EngineTransmissionDriveMPG (UK)MPG (US)CO₂ g/kmFuel cost / yr
2L 4-cyl turbo (Hybrid)Automatic (S8)All-Wheel Drive 34 28 (25/33) 196$2,950
2L 4-cyl turbo (Plug-in Hybrid)Automatic (S8)All-Wheel Drive 37 31 (30/33) 62$2,650
2L 4-cyl turbo (Hybrid)Automatic (S8)Front-Wheel Drive 36 30 (26/35) 186$2,750

MPG (US) shows combined, with city/highway in brackets. Highlighted row = the configuration used for the headline figures. Source: US EPA fueleconomy.gov.

EPA measures interior passenger volume at 93 cubic feet (about 2,633 litres) and luggage volume at 12 cubic feet (about 340 litres). These are US EPA interior-volume figures; they are measured differently from the boot capacity numbers UK manufacturers quote.

Owner Essentials for the 2023 Volvo S60

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Running Costs: 2023 Volvo S60

Covering around 8,000 miles a year in a 2023 Volvo S60 at 37 mpg combined, expect roughly 983 litres of fuel annually — multiply by your local price per litre for a cost estimate. For US owners, the EPA estimates about $2,650 a year in fuel for the most efficient configuration (15,000 miles, national average prices). Work out exact fuel costs with the fuel cost calculator on 247Calculators.

Convert between MPG and L/100km with the unit converters on 247QuickTools. Not sure what tyre size fits? 247TyreCheck explains tyre sizing.

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2023 Volvo S60 Safety Ratings (NHTSA)

5★Overall
4★Frontal
5★Side
5★Rollover

Recalls & Owner Complaints (NHTSA)

NHTSA lists no safety recall campaigns for the 2023 Volvo S60 as of 6 October 2026. Recalls can be issued years after a model is sold, so it is still worth checking your own VIN.

Owners have filed 3 complaints with NHTSA about the 2023 Volvo S60. The most-reported areas are Back over prevention (2), Unspecified (1). That is well below the median of 18 complaints across the 14 Volvo S60 model years in our data.

Source: US NHTSA recall and consumer-complaint databases, retrieved 6 October 2026. Complaints are unverified owner reports, not confirmed defects. Check any vehicle by VIN at nhtsa.gov/recalls, and see our guide to checking a used car for recalls.

How It Compares

Volvo models in our database average about 30 mpg (UK) combined on their most efficient configuration; the 2023 Volvo S60's 37 mpg is 7 mpg above that make average. Its 62 g/km CO₂ figure is 146 g/km lower than the 208 g/km Volvo average.

Of the 15 Volvo S60 model years we cover, the 2023 is the most economical on its best configuration (37 mpg UK combined). See every Volvo S60 year side by side.

Last updated: · Data: US EPA (fueleconomy.gov) and NHTSA safety ratings 18 July 2026; NHTSA recalls and complaints 6 October 2026; Wikidata & curated EU catalogue 18 July 2026; European generation and engine data from Wikipedia 7 October 2026

Vehicle data sourced from manufacturer specifications. Always verify with your vehicle handbook or a qualified mechanic. This is a reference tool, not professional advice.

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Frequently Asked Questions

What engine does the 2023 Volvo S60 have?

It's fitted with a 2L 4-cyl turbo premium gasoline engine, paired with a automatic (s8) transmission.

What is the fuel economy of the 2023 Volvo S60?

The most efficient configuration returns around 37 mpg (UK) combined, or 31 mpg on the US EPA cycle. Across all configurations the UK combined figure runs from 34 to 37 mpg.

How much does the 2023 Volvo S60 cost to fuel per year?

The US EPA estimates about $2,650 a year in fuel for the most efficient configuration, based on 15,000 miles of mixed driving and national average fuel prices. Your own cost will depend on mileage and local prices.

Does the 2023 Volvo S60 have a good safety rating?

It holds an overall NHTSA rating of 5 stars, with 4 stars for frontal crash protection.

Does the 2023 Volvo S60 have any recalls?

NHTSA lists no safety recall campaigns for the 2023 Volvo S60 as of 6 October 2026. Recalls can be issued years after a model is sold, so it is still worth checking your own VIN.

What are the most common problems reported for the 2023 Volvo S60?

Among the 3 owner complaints filed with NHTSA, the most-reported areas are Back over prevention (2 complaints), Unspecified (1 complaint). Complaints are unverified owner reports, not confirmed defects, and raw counts rise with how many cars were sold.

How much interior and luggage space does the 2023 Volvo S60 have?

EPA measures interior passenger volume at 93 cubic feet (about 2,633 litres) and luggage volume at 12 cubic feet (about 340 litres). These are US EPA interior-volume figures, which are measured differently from the UK boot-capacity numbers manufacturers quote.

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