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Volvo to build S40-based crossover, sell it in North America

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Volvo president Håkan Samuelsson told journalists at the 2016 Geneva Auto Show that a compact crossover will be launched in various global markets including North America sometime in the next two or three years. Likely to be called XC40, it will share its platform with the next-generation S40 sedan and V40 wagon.

This is pretty much what Volvo Canada president Marc Engelen confessed to during our visit at the 2016 Quebec City Auto Show.

Interestingly, we also learned from Volvo that a surprising 20% of all XC90s sold in the U.S. are plug-in hybrids. This bodes well for the company that plans to offer a plug-in variant with every model in its lineup by 2019, and recently joined a consortium to set a global charging standard for battery-powered electric vehicles.