The upper engine mount bushing appears to be pressed into its bracket. Any advice on how to remove it, and press in the new one?
Thanks.

On mine, the bushing had worked its way over to one side all by itself, so that I had metal-on-metal. It came out with a light tap with a piece of wood.
I put in the split poly bushing (got it at fcp groton). No press needed, easy job. These are nice because the support arm is "captured"; the bushing can't move as with the OEM. Some claim that the poly is a little more harsh, but in my case eliminating the metal contact was a huge improvement.

ipdusa.com

Use a hack saw blade and cut the old one out...be careful not to cut the round retaining bracket. Now, about the new one. If you're using a new poly bushing it's easy, but if you're using a new OEM bushing it takes a special press, or you can do like others have done and make your own: http://www.matthewsvolvosite.com/engine_mount2.php
You might want to check this out to (how to take out the original one): http://www.matthewsvolvosite.com/engine_mount.php
Good luck!
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1998 S70 T5 Emarald Green Metallic (125K), 2004 V70 2.5T Ruby Red (45K), Previous Owner of Black '94 850 Turbo Wagon (Sold at 140K and miss her). My cars have been running so well lately they've got me worried.