Volvo will introduce a compact crossover, expected to be called the XC40, in early 2018, sources told Automotive News Europe.
Volvo CEO Hakan Samuelsson said a compact crossover is a priority for the automaker but declined to confirm the name of the model or the timing of its arrival when asked during a visit to the automaker’s factory here.
Volvo has confirmed that its plant in Ghent, Belgium, will build models underpinned by its new compact modular architecture and that it will expand its compact lineup, which currently consists of the V40 and V40 Cross Country, once the platform is introduced.
Volvo is investing 200 million euros into Ghent to prepare it to produce CMA-based models.
The Volvo XC40 will be powered by a pair of 3-cylinder and 4-cylinder petrol and diesel engines that are a part of the Drive-E engine family and also possibly be powered by a plug-in hybrid power train. These engines use downsizing and turbocharging as the way to go ahead into the future in order to reduce emissions.
Volvo XC40 to launch in 2018?