The C70 is front-wheel drive and Volvo's well-proven turbocharged five-cylinder engine. It's 2.4 liters with dual overhead cams and variable camshaft timing, tuned to the same 218 horsepower and 236 pound-feet of torque as the S40; that's 10 horsepower more than the base S60, so the acceleration is about the same as the S60 sedan. Volvo estimates 0 to 60 at 7.6 seconds with the six-speed manual gearbox, and 8.0 seconds with the five-speed automatic. It's respectable performance, but certainly not scintillating. (We consider eight-second 0-60s to be roughly the dividing line between quick and average performance.)

The C70 requires premium fuel, and is EPA-rated 20/29 mpg City/Highway.

The standard six-speed manual best complements the C70's sports car feel, and also allows snappier acceleration. It's such a good gearbox, smooth and tight, and we've praised it in other Volvo models. If it's good enough for the high-performance S60R, it's great for the C70.

We found the five-speed automatic to be a fine, crisp transmission. And for those who want a little extra control at times, the automatic features a satisfying and obedient Auto-stick mode.

The brakes work well and we found them to be resistant to fade on a winding road that overheated the brakes on some lesser cars.

The C70 doesn't feel heavy when you flick it around in the curves. The rack-and-pinion steering is power-assisted and electro-hydraulic, and provides a solid feel. We wouldn't call it light or nimble, but turning the C70 doesn't require a lot of effort. It simply gives good feedback through the healthy leather-wrapped steering wheel. Solid as a Swede.

The same could be said of the ride. The chassis is stiff, a key to crisp handling and a smooth ride. The current C70 doesn't shake like many convertibles, including the previous-generation C70.