Volvo has confirmed that will compete in the compact crossover segment within the next four years.
Previously, the Swedish automaker admitted that it was considering a compact crossover model, likely sporting the XC40 nameplate. Now, CEO Hakan Samuelsson has confirmed that the XC40 will launch as part of the revamped Volvo lineup that is being spearheaded by the all-new XC90. Samuelsson has said numerous times that in four years’ time, the all-new XC90 debuting late last year would be the oldest model in the company’s lineup and that means the XC40 will be one of those new additions.
Given that the crossover segment has been booming lately, it’s no surprise Volvo wants to be part of the action as it looks to grow its brand under new ownership. Expect the new S90 and V90 models to come first as well as the S60, V60 and XC60 models. The XC40 will likely launch alongside the new S40 and V40.
In related news, Samuelsson also confirmed that there are currently no plans to replace the C30 compact hatchback in the company’s lineup.
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