Help, Advice, Owners' Discussion and DIY Tutorials on Volvo's stylish, distinctive P2 platform cars sold as model years 2001-2007 (North American market year designations).
Eibach or H&R. Since struts and shocks adjust to height no need in changing them, I wouldn't think unless you are wanting to go to coilovers. I would however at least beef up the end links both rear and front. A lot of people go with larger ant-sway bars too to help stabilize the car after lowering it. You can find some examples of all of these at www.vivaperformance.com but look there and shop for lower prices as they tend to be a little over-priced.