If you're not familiar with Volvo's V50, it's the substantially upgraded next-generation V40 replacement that will debut later this year as a 2005 model. The base version will get an extremely competent naturally aspirated 168-hp 2.4-liter 4-cylinder producing up to 166 lb-ft of torque. Being a compact model this should result in spirited performance, especially when mated to the standard 5-speed manual transmission.