From Swedespeed:
The V70 is gone, so is the V8 engine in the XC90 and S80.
The S40 and V50 drop the 2.4i engine, AWD and manual box options.
We are warned to brace ourselves for more.
In terms of new cars, we have the announced S60, the forthcoming V60 and a rumoured 5 door crosswagon(?) along the lines of C50, XC30 C03X or whatever you're having yourself.