I have a Volvo V50 D3 2012 model and just received a recall from my dealer. To quote, paragraph 3:
"We would like to advise you that Volvo's quality follow-up procedures have identified that a number of Volvo S40's and V50's (2011 to 2012) may experience a problem related to the chrome sleeves on the rear end pipes on your vehicles exhaust system. Due to an issue with the attachment process the chrome sleeve may come loose and potentially could become detached"
I have mine booked in at the local dealers
To check for all vehicle recalls
www.dft.gov.uk/vosa/apps/recalls/ is a good site to look at. This will give you all the information you need regarding any recalls of any model of vehicle.