XC40’s Success Spurs Volvo To Replace V40 With An All-New Model

The XC40 has proven a runaway success for Volvo. So much so that it’s adding additional production capacity to keep up with demand. And at the same time, it’s confirmed that it’ll introduce new models based on the same architecture.

Little in the way of details or timeframe were given, but the Swedish automaker used the term “models,” in the plural, suggesting that more than one will follow.

The new models will build upon the same Compact Modular Architecture that underpins the XC40 compact crossover, and is being shared by parent company Geely and the new Lynk & Co brand. Whenever they do arrive, they’ll replace the aging V40 that’s been on the market (some markets anyway) since 2012.

The manufacturer has already confirmed that the new models “will be sold globally in all major regions,” and that (unlike the V40) means the US, too. Given Volvo’s usual modus operandi, we’d expect a new S40 sedan and V40 wagon/hatchback to form part of the plans. And fully electric versions will be offered as well.

Current Volvo V40 Cross Country

“More product details will be disclosed at a later stage,” says the Swedish automaker. In the meantime, it’s ramping up production of the XC40 both at its Ghent plant in Belgium and the Luqiao plant in China. Volvo reports having received nearly 80,000 orders for its smallest crossover, which recently won the coveted European Car of the Year trophy.

“The XC40’s success has surpassed even our highest expectations,” said Volvo Cars chief Håkan Samuelsson. “The small SUV segment is the fastest-growing segment in the industry now, and with these additional CMA-based models we expect to benefit further from that growth.”