New XC40 Completes Global Volvo Line-Up for Fast-Growing Premium SUV Segment

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GOTHENBURG, Sweden, Sept. 21, 2017 / PRNewswire=KYODO JBN / -

Volvo Cars, the premium carmaker, today further expands its line-up of SUVs

with the launch of its new XC40 small premium SUV in Milan, Italy.

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At the same time as it introduces the XC40, Volvo Cars also reinvents the

traditional model of car ownership with its new 'Care by Volvo' subscription

service. Care by Volvo, first available on the XC40 from launch, makes having a

car as transparent, easy and hassle free as having a phone.

XC40 drivers will also be the first Volvo customers who can share their car

with friends and family via Volvo on Call with a new digital key technology.

Car sharing comes as standard for Care by Volvo customers.

The arrival of the XC40 means that for the first time in its history, Volvo

Cars has three new, globally available SUVs in what is the fastest growing

segment of the automotive market, paving the way for further growth in terms of

sales and profitability.

The new XC40 is the first model on Volvo Cars' new modular vehicle architecture

(CMA), which will underpin all other upcoming cars in the 40 Series including

fully electrified vehicles. Co-developed within Geely, CMA provides the company

with the necessary economies of scale for this segment.

"The XC40 is our first entry in the small SUV segment, broadening the appeal of

the Volvo brand and moving it in a new direction," said Håkan Samuelsson,

president and chief executive. "It represents a fresh, creative and distinctive

new member of the Volvo line-up. So it only feels natural to reveal the XC40

here in Milan, a buzzing European hotspot for fashion, art, design and

lifestyle."

In terms of technology, the XC40 brings the award-winning safety, connectivity

and infotainment technologies known from the new 90- and 60 Series cars to the

small SUV segment. Like its larger siblings, the XC40 highlights the

transformational effect of these new technologies on brand and profitability.

These technologies make the XC40 one of the best-equipped small premium SUVs on

the market. Safety and driver assistance features on the XC40 include Volvo

Cars' Pilot Assist system, City Safety, Run-off Road protection and mitigation,

Cross Traffic alert with brake support and the 360° Camera that helps drivers

manoeuvre their car into tight parking spaces.

The XC40 also offers a radically new approach to storage inside the car.

Ingenious interior design provides XC40 drivers with, among other things, more

functional storage space in the doors and under the seats and a special space

for phones including inductive charging.

From start of production, the XC40 will be available with a D4 diesel or a T5

petrol four-cylinder Drive-E powertrain. Further powertrain options, including

a hybridised and a pure electric version, will be added later. The XC40 will

also be the first Volvo model to be available with its new 3-cylinder engine.

Production of the new XC40 starts in Ghent, Belgium in November.

Contact:

Volvo Cars Media Relations

Phone: +46-31-596525

media@volvocars.com

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     (Photo: http://mma.prnewswire.com/media/558953/Volvo_XC40.jpg )

SOURCE: Volvo Car Group