Swedish car maker's V40 hatchback might get replaced with a new range of premium vehicles. The new range might include a sedan, hatchback and a crossover. The cars will be built under the collaboration of Volvo and its Chinese owner,Geely. The resultant vehicles will also be branded with Geely badge for selling it in the Chinese car market.
The modular architecture platform is very much flexible, allowing a higher level of component sharing. This will enable the Chinese manufacturer to develop some of its very affordable models using less advanced engine, suspension and convenience features. Joint venture chief Mats Fagerhag describes it as a ‘plug and play’ approach to stress the project’s diverse ability to comply with various regional safety and emission norms.
Further to this development Volvo and Geely have joined forces to engineer the 'C Segment Modular Architecture' (CMA) vehicle family. The first model from this platform may hit the market by 2017, although no official words are out over this.
The V40 is an entry-level offering from for the company worldwide and this new development will give Volvo an array of models at the bottom range. Luxury brands like Mercedes, Audi and BMW are already playing it big in this segment.