Montreal 2018: Volvo Continues to Shine
The Volvo brand posted some of the biggest increases in vehicle sales in Canada in 2017, and the new year just starting looks just as promising for the automaker, particularly with the introduction of its all-new XC40 crossover, freshly unveiled in a Canadian debut this week during the 2018 Montreal Auto Show.
As pointed out to us by Hugues Bissonnette, director of sales operations for Volvo Cars Canada, the $11 billion investment poured into the company by its new Chinese owner Geely between 2011 and 2015 is now paying big dividends. Among other things, this infusion of funds allowed Volvo to develop its new SPA (Scalable Product Architecture) platform, on which the XC90 and XC60 are based, as is the line of Drive-E engines, which combine the fuel economy of a 4-cylinder with the performance of a V6 or V8. Another example is the new Volvo Sensus infotainment system.
Interesting fact: the large XC90 is still Volvo’s top-selling model in Canada, thanks to an exceedingly loyal clientele. The XC60 did finish the year strongly, however, and Hugues Bissonnette expects it to overtake its larger sibling once and for all in 2018. The model, in fact, has just been chosen North American Utility Vehicle of the Year for 2018. Volvo is confident of the XC40 and XC60’s ability to lure customers away from competitors as well as attract first-time luxury-car buyers.
The XC40, in brief
Built on the new CMA (Compact Modular Architecture) platform, the third SUV in Volvo’s arsenal represents a new expression of the brand’s distinctive design esthetic; trendier, more urban, the car clearly aims at a younger demographic. But being a Volvo, it also seeks to set new standards in terms of both safety and connectivity in its segment.
In Canada, the 2019 Volvo XC40 will be equipped with the T5 Drive-E powertrain and, in the Momentum and R-Design versions, all-wheel drive. With 250 hp at its disposal and a starting price of $39,500, it’s the most powerful luxury compact SUV under $40,000 on the market.
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