From 2000 to 2003, the company’s plant produced the 2.4-liter turbo Volvo B5244T3, which was fitted to several models, including the S60, S80, V70, and its off-road variant of the XC70. The B5244T4 motor replaced this unit, which had a phase regulator only at the exhaust.

The B5234T, B5244S, B5244S2, B5244S4, B5244T, and B5244T3 are members of the 5-cylinder 2.3-2.4-liter modular engine family.
The engine was mounted on:
- Volvo S60 I (384) in 2000 – 2003;
- Volvo S80 I (184) in 2000 – 2003;
- Volvo V70 II (285) in 2000 – 2003;
- Volvo XC70 II (295) in 2000 – 2003.
Specifications
| Production years | 2000-2003 |
| Displacement, cc | 2435 |
| Fuel system | injector |
| Power output, hp | 200 |
| Torque output, Nm | 285 |
| Cylinder block | aluminum R5 |
| Block head | aluminum 20v |
| Cylinder bore, mm | 83 |
| Piston stroke, mm | 90 |
| Compression ratio | 9.0 |
| Features | DOHC |
| Hydraulic lifters | no |
| Timing drive | belt |
| Phase regulator | at the exhaust |
| Turbocharging | MHI TD04HL-13T |
| Recommended engine oil | 5W-30 |
| Engine oil capacity, liter | 5.8 |
| Fuel type | petrol |
| Euro standards | EURO 3 |
| Fuel consumption, L/100 km (for Volvo XC70 2001) — city — highway — combined |
14.1 8.4 10.5 |
| Engine lifespan, km | ~260 000 |
Disadvantages of the B5244T3 engine
Magneti Marelli’s electric throttle malfunctions are the subject of numerous complaints on specialized forums;
Oil leaks caused by clogged crankcase ventilation rank second in popularity.
The timing belt will corrode if oil seeps through the camshaft seals;
Additionally, a damaged ribbed belt may enter the timing, which would be fatal for the motor;
A low resource distinguishes the phase regulator clutch, fuel pump, and engine mounts.
