Vehicle: 2016 Volvo V60 T5
Hey forum,
I've got a 2016 Volvo V60 T5 with about 95,000 miles, and I'm running into an issue that's causing me some concern. The check engine light came on about a week ago, and when I scanned it, I got a P0420 code, which points to 'Catalyst System Efficiency Below Threshold (Bank 1)'.
Along with the CEL, I've noticed a significant drop in my fuel economy lately, and there's a distinct sulfur or rotten egg smell coming from the exhaust, especially after driving for a bit. The car otherwise seems to be running fine, no noticeable power loss or rough idle, but the smell and MPG are definitely off.
Is this a common problem for the 2016 V60 T5? Could it just be an O2 sensor, or am I looking at a catalytic converter replacement? Any advice on how to confirm the diagnosis or what steps I should take next?