Volvo Repair Questions? Ask a Mechanic for Answers ASAP
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From what is described here this sounds like a loss of fuel.This can be due to an issue with something like a plugged fuel filter or a weak fuel pump/injection pump.When it is started cold it needs max fuel pressure and flow and if there is a restricted fuel filter or weak pump it will cut out until it warms up.This will also cause lack of power at higher speeds like you were seeing.Now it is at the point where it will not start.The fuel system needs tested to see if the pump needs replaced or if there is another fuel component at fault needing replaced.
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