Volvo might make a new compact crossover

Swedish carmaker Volvo has plans to develop a new compact crossover that will sit below the XC60. The company hasn’t confirmed a name for the car yet, but there are rumours that it will be called the XC40. 

The upcoming compact crossover might be built on Volvo’s CMA - Compact Modular Architecture developed in association with its parent company - Geely. 

In an interview with a publication, Volvo chairman Hakan Samuelsson said, "A small SUV is very high on our wish list", thus basically confirming an entry-level crossover is in the works and it will likely end up being the XC40. The model promises to "provide customers with an SUV that is small in stature but remains premium in nature."

The new compact crossover might be a reality in four years according to excerpts from Samuelsson’s interview. 

Apart from this upcoming compact crossover Volvo doesn’t have any further expansion plans. The company has plans to sell 8,00,000 units per year from the current 450,000 for which they would rely highly on the new vehicle.

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