Volvo Cars announced that it is expanding production for the new XC40 in Europe and China due to overwhelming response.
The Swedish carmaker said that it has received almost 80,000 orders to date since the compact SUV made its global debut.
The company added that production at its Ghent manufacturing plant in Belgium and at the Luqiao plant in China will be increased in the first half of next year.
In addition, the company has also announced today that it will capitalise on the popularity of its new smaller models with the introduction of new models on its Compact Modular Architecture (CMA), replacing the current V40.
“The XC40’s success has surpassed even our highest expectations,” said Håkan Samuelsson, president and CEO of Volvo Cars. “The small SUV segment is the fastest-growing segment in the industry now, and with these additional CMA-based models we expect to benefit further from that growth.”
The coming new models based on CMA will include fully electric vehicles and will be sold globally in all major regions. More product details will be disclosed at a later stage.
The XC40, which is the first model on Volvo Cars’ new CMA vehicle architecture that was co-developed with Geely Holding, was launched in late 2017 to global acclaim and was the first ever Volvo to win European Car of the Year in March of this year.
Already available in Singapore, the Volvo XC40 is expected to make its Malaysian debut very soon, most likely to be powered by a 2.0-litre turbocharged 4-cylinder engine, generating one of the highest outputs in its class at 247 hp.