Volvo will debut compact SUV in 2018, sources say
GHENT, Belgium -- Volvo will debut its compact SUV, anticipated to be called the XC40, in early 2018, resources told Automotive News Europe.
Volvo CEO Hakan Samuelsson mentioned a compact SUV is important for the auto-maker but declined to support the title of the version or the time of its own entrance when asked over the course of a visit to the automaker's manufacturing plant here.
Volvo has affirmed that Ghent will construct versions underpinned by its own new streamlined modular design (CMA) and it will enlarge its compact line, which now contains the V40 and V40 cross-country, when the system debuts.
Volvo is investing 200-million euros in to Ghent to prepare it to create CMA-based versions.
Volvo now assembles the Volvo S60, V40, V40 cross-country and XC60 versions in Ghent, according to Automotive information Europe's European automobile assembly map.
The S60 additionally was previously constructed in the automaker's manufacturing plant in Torslanda, Sweden, but out-put of the sedan was discontinued last month as the automaker wanted the convenience of the XC90. Volvo said the other day the next generation of its own main SUV has brought more than 65,000 orders internationally, easily surpassing the its anticipations of 50,000 for this twelvemonth.
New V40 in 2019
The resources state the XC40 is going to be the first Volvo underpinned by the CMA system and the new-era V40 as well as the V40 cross-country will begin using the structure in 2019.
Volvo, that has been purchased by Zhejiang Geely keeping from Ford this year, is co-creating the CMA stage sister manufacturer Geely automobile. In April, Samuelsson told Reuters that Volvo's revenues of compacts has been too little to be rewarding as well as the automaker wanted a partner that may share the expenses of developing and producing a aggressive car.
Volvo buying and producing manager Lars Wrebo summarized the advantages of having Geely as someone in another interview with ANE on Sept. 1-5. "If you bring the design and powertrain, which will be approximately two thirds of the price [of the car], we've about 90-percent commonality with Geely," Wrebo stated.
Volvo's manufacturing plant in Chengdu, China, additionally will assemble CMA-centered automobiles, Wrebo included.
Samuelsson, who was in Belgium last month for the Ghent plant's 50th anniversary, stated Volvo's potential compact versions would have inhouse power trains, plug in hybrid forms and, ultimately, self-driving engineering.
"We won't be sourcing engines from some other producers. Rather, we are going to be providing three- and four-cylinder variants of our personal new engine software," Samuelsson said. "We may also give you a plug in hybrid for the compact versions. Sovereign driving will be an alternative we are going to offer in our automobiles by 2020, additionally in the streamlined lineup."
Volvo is on course to promote 500,000 automobiles internationally this year and plans to foster its global quantity by another 60% by 20 20. Said Samuelsson: "Five-hundred-thousand automobiles will not give us a workable future, 800,000 does."
Douglas A. Bolduc given to this report.
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