You can have complete peace of mind by using the Volvo-branded fluid ($$$). Or, you can use the (arguably) same fluid from Toyota (Type IV) or just buy it from the manufacturer as Mobil 3309 (not Mobil 1). None of these are full synthetic as the transmission does not call for it.
I did my flush with a case of 3309 from Amazon about 10k miles ago - no issues since and I plan to do it again at 90k.
http://www.volvoxc.com/forums/showth...ks-on-2008-XCs
2010 T6 - Climate, Convenience, Premium Audio, RSE, Moonroof, ABL
2002 V70XC, sold to move to Japan
2014 Moto Guzzi Stelvio
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