If you are lucky, it will be as simple as reconnecting the linkage, as Klaus described.

I was not so lucky. When I replaced mine in March 2005, the r/h door lock (p/n: 8628224) cost $117.97 plus tax at the dealership.

The repair procedure may be found here:

http://volvospeed.com/Repair/v70latch1.php

I doubt that you will wish to try to repair the "Red Evil Plastic Lever", so just follow the instructions for lock removal and replacement.

--
Dave in Virginia; 1998 V70 T5(M): IPD MOTRONIC+ ECU Upgrade, Sport Muffler, IPD Strut Tower Brace; VDO Boost Gauge, IPD Anti-Sway Bars, Rocha ABS Control Unit, Koni FDS Struts and Shocks/// 1988 245 DL Wagon// 1967 MGB Roadster