Question about Volvo S80
Sounds like a part called a parking "Pawl" is hanging up. You could try to park the way they show you in driving school, with the rear of the tire against the curb when the car is facing uphill. Theory is that the tire will chock the vehicle against the curb as a bumper stop and prevent rolling backwards. This will minimize pressure on the inside of the transmission parking pawl.
You can go to aboutautomobile.com and search for "Consumer complaints" or Recalls and enter your vehicle info. Then see if others are having problems like yours.
Posted on Jan 25, 2012
2002-2007 All Volvo Models
(For all vehicles 2003- a general yellow lamp will light when the reset button must be released.)
Posted on Aug 22, 2010
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