GHENT, Belgium -- Volvo will introduce a compact cross-over in early 2018, sources told Automotive News Europe.
Volvo CEO Hakan Samuelsson said the crossover, expected to be called the XC40, is a priority. But he declined to confirm the name of the model or the timing of its arrival during a visit to Volvo's factory here.
The automaker has confirmed that Ghent will build models based on Volvo's new compact modular architecture and that the compact lineup, now consisting of the V40 and V40 Cross Country, will be expanded when the platform is introduced.
Volvo is investing $227 million at Ghent to prepare for production of CMA-based models. The S60, V40, V40 Cross Country and XC60 models currently are built at the plant.
The sources say the XC40 will be the first Volvo using the new platform and that the new-generation V40 and the V40 Cross Country will start using the architecture in 2019.