CORRECTION: Some bad information has gotten out – no V40 for us.

The V40, along with a planned XC40 crossover will make their way stateside, ostensibly to compete with new compact entries from Mercedes-Benz and BMW. These cars will represent the final run of Ford-based Volvos. No word on what engine choices will be offered, but the T5 turbocharged 5-cylinder engine seems to be a logical choice. Offer it with a 6-speed manual and I’ll put a deposit down once I stop eating sardines for dinner.

Initial reviews of the “T4”, which use the Ford 1.6L Ecoboost powertrain are positive. Let’s hope that the V40 is followed up by a new XC90. Not even Methuselah has had such a long run. The new XC90 will apparently be the first car to use Volvo’s new scalable platform and modular 4-cylinder turbo engine family.