It's definitely true that Volvo will cover this.
Happened to me last year. I'd had my 2005 v50 for about 9 months and the anti-skid service message flagged up. It was still covered by the warranty from the second hand dealer. They were going to cover it and referred me to a Volvo dealership in Belfast to get the work done
The dealership then informed me that Volvo would be covering it, as it was a known issue on these models.
Good thing too - the warranty from the second hand dealership only covered up to £1000, and I was told it would be up to £2k of work if I was paying for it myself. The chip is about £1800 apparently!!
How complex can these chips be when you can buy a top of the range computer for that price???!
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