He added that the first new 40 series auto is expected to go into production in 2017.
Early reviews are positive on the new compacts from Volvo, with SlashGear calling the compact Volvos "striking" and Tech Insider pointing to the "stunning" look. The all-new S40 and the all-new V40 will follow.
At the core of the new Compact Modular Architecture (CMA) is an I-3 engine that will be offered in conventional and plug-in hybrid variants.
The company also claims its new small cars will deliver "a full range of innovative connectivity services, plus the world's most advanced standard package of safety features and Scandinavian interior design".
Geely's ambitions to break into European and United States markets is centred on the China Euro Vehicle Technology (CEVT) development hub it created in 2013 in Sweden to build the new platform, which it will use in Volvo and Geely's small cars.
"In 2015 when we launched the All-New XC90 SUV in Australia we revealed the versatility of the Scalable Product Architecture (SPA)". The 40 series will be a large part in completing that puzzle. Today, the Swedish automaker is revealing not one, but two hints of what's to come, in the form of a pair of 40 Series concepts.
"By taking a modular approach to both vehicle architecture and powertrain development we have succeeded in leap-frogging numerous players in the prestige segment", said McCann.
The Concept 40.1 (below), which previews the Volvo XC40, is reminiscent of the larger Volvo XC90 SUV and features the brand's trademark "Thor's Hammer" headlights and a prominent grille.
The CMA platform was developed in conjunction with Volvo parent company Geely and is expected to be widely utilized by both brands.
With a strong head start thanks to its excellent new XC90 crossover SUV and S90 sedan, Volvo appears firmly on the comeback trail, but it's going to need some smaller, more affordable models to cement its fortunes. Volvo has confirmed that the XC40 crossover will also be available with all-wheel drive. Volvo globally discontinued the second generation S40 in 2012.
Canadian PM arrives in fire-ravaged Fort McMurray
The prime minister says for many years, Fort McMurray and the oilsands region have contributed greatly to the Canadian economy. Allen said having the prime minister visit was a morale boost. "We've got a few challenges around that".
Murray beats Berdych to reach Madrid Open semifinals
Murray beat Nadal on clay for the first time in his career to claim his first Masters title on the surface in 2015 . She will next face either 38th-ranked Dominika Cibulkova of Slovakia or wild-card entry Sorana Cirstea of Romania.
He also is smart enough to know he doesn't have all the answers but has contacts and knows plenty of people who can advise him. Some tax specialists see no legitimate reason for Trump to hold back. "You don't learn anything from a tax return".
The company has added a new flower button which appears next to the text messaging box which animates your message with flowers. Apart from it, a team of researchers are also working on a set of new reaction buttons for this Mother's Day.
Trump said today he was surprised by Ryan's rebuff of him as the presumptive Republican presidential nominee. Ryan's move gives them some cover. "And we've got a ways to go from here to there", Ryan said.
Wednesday's shooting comes days after a 9-year-old boy in Detroit shot himself in the hand with a gun he found on a lawn. Police were unable to confirm exactly where the girl sustained a gunshot wound, but confirmed that she fired the weapon.
An elderly man was killed Monday evening when a large tornado barrelled through the Wynnewood , Oklahoma area, KYTV reported. Keep this in mind the next time you see tornado videos and reports swirling around social media.
Adjusted earnings for the quarter grew 5% to $1.36 per share, compared to $1.29 per diluted share for the first quarter in 2015. The company has been investigated by FTC for the past two years of whether it is running an illegal pyramid scheme.
All that said, I was still surprised when Personal Shopper faded to white at its close and those masculine, accented boos began. Critics, however, were mostly enthusiastic and hailed Stewart's leading performance.
The simple fact of journeying to World War 1 should see plenty of new environments which will lead to new gameplay opportunities. We expect the launch to be archived so that you can watch it over and over again ahead of the game's release later this year.
The company also raised its adjusted profit forecast for the year ending December 31 to $5.10-$5.45 per share from $4.85-$5.30. We see valuation benefiting from moderating regulatory risk and improving volumes, despite weakness in Brazil.
The odds of winning the game, according to the Powerball website, are 1 in 292,201,338.00 for the grand prize. Of the 44 US states that participate in Powerball, all but a handful will take an additional cut of the money.
After asking for specific details on Sanders's policy plans, Pierce wrote in mid-February : 'I appreciate and share Sen. He most recently played the role of Supreme Court Justice Clarence Thomas in the HBO drama, " Confirmation ".
She described the result as confirmation of the polarization of political debate on either side of the constitutional question. The Scottish parliament election is a case in point. "It demonstrates that Ruth has transformed our party in Scotland".
A 76-year-old man was killed near Wynnewood by this tornado and a second 76-year-old man died in a tornado in southeast Oklahoma. The declaration also marks a first step toward seeking federal disaster assistance should it be necessary.
They expected the same with the 2016 MacBook Pro so it would be very hard to price it below the level of its existing model . According to Express review, in terms of playing 4K videos, the new MacBook is marginally slower than the iconic iPad Pro.
Gary Simpson, Carlie's uncle by marriage, is accused of picking her up from school last Wednesday under false pretenses. Surgoinsville is only 11 miles from Carlie's Rogersville elementary school, where she was last seen eight days ago.
It was part of a memorable eight-point second quarter for Biyombo, in which he also scored on an alley-oop and a reverse layup. Miami got down by 20 in Wednesday's Game 5 loss, cut the deficit down to one but never got all the way over the hump.
We need to rethink our public and corporate workforce policies and broaden our understanding of what a family is and looks like. A year after her husband's death, Facebook COO Sheryl Sandberg is opening up about her new reality as a single parent.
Big-name surrogates have been sent, television ads are playing and Clinton is touring the state in advance of Tuesday's voting. In fact , he would rather build a wall with American tax dollars than create a reasonable plan for the process.
I would've like to have seen Major League Baseball come down much harder on Odor, with something in the range of a 15-20 game ban. Odor landed a solid right to the jaw following Bautista's late slide into second base in an effort to break up a double play.
Maybe YouTube wants to enhance their social media side by allowing the viewers to chat with their friends and share videos. YouTube wants you to spend as much time as possible inside the app and interact with your friends.
I hope he continues because in time I think he will be one of the best coaches. "I had been out for 15 days, but I played today". However, Pellegrini said: "I don't think that because that would not be giving Leicester all the merit they deserve.
Creator and Exaggerator got great setups with a very hot pace while Brody's Cause won on a track where closers won everything. Nyquist the horse reminds O'Neill of the colt's namesake: Gustav Nyquist of the Detroit Red Wings, Reddam's favorite team.
The game will take place across multiple locations around the world, including France, the Italian Alps and the deserts of Arabia. Servers will max out at 64-players, offering servers as large as Battlefield 4 and many times bigger than most online shooters.
CHESAPEAKE, Virginia- People may look at Anaya Ellick and see a child who'll have a lifetime of challenges. Even at home Anaya is as independent as can be, according to her parents Bianca Middleton and Gary Ellick.