AutoWeek's sources say that the Volvo C30 will be launched at the Paris Motor Show this fall. Though smaller than the S40, the Mazda3-based hatch will punch out 218 hp and 236 lb-ft of torque from its turbocharged 2.5-liter inline-five. It will be a little on the heavy side at 3,000 lbs., but with the tires right at the corners of the vehicle, handling will likely be good.

Inside the vehicle will be four bucket seats and an available 650-watt sound system. No official plans have been made for the U.S. market, but sources indicate we should expect it to hit the streets here in mid-2007.

[Source: AutoWeek]