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Compact SUV confirmed as the first model in an all-new Volvo 40-series family by  Mark Tisshaw Volvo ’s crucial new  XC40 compact SUV  will be launched this autumn, R&D boss Henrik Green has confirmed. Speaking to Autocar at the  Detroit motor show , Green said the XC40 will be the first model to use Volvo’s CMA architecture and the base development work of the car has been completed. “There’s a big chance it’ll be one of the most successful cars in our line-up,” he said. The family of 40-series models, which is also set to be sold in the US, will represent “a significant part of growth in the next three to four years”, said Green. The XC40, which will rival the  BMW X1  and  Audi Q3  in the competitive and rapidly growing compact SUV segment, was previewed last year by the Concept 40.1, along with another potential 40-series model, the Concept 40.2 saloon. A V40 replacement will also be spun off the CMA platform, which Volvo has co-developed with Geely, its Chinese parent