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Our spy photographers have manged to lay lenses on the new Volvo V40 as engineers put the vehicle through a little cold-weather testing. Until just recently, we'd heard that the five-door version of the C30 would be called the V30, but Volvo CEO Stefan Jacoby has confirmed that the model will actually come wearing V40 badges.

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The Volvo C30 is nearing the end of its lifecycle and that means Volvo can take its compact hatch in one of two directions: plug on with a three-door variant or make a more spacious five-door to compete with the Audi A3.

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We recently got confirmation from a Volvo PR person that the Swedish automaker's new C30 hatchback will soon be joined by a V30 five-door wagon. Just-Auto.com is going one step further by reporting that Volvo will also add a new XC CUV model to its lineup based on the C30 hatch to be called, not unsurprisingly, the XC30. Presumably it will also be a five-door model with all-wheel-drive that's jacked up off the ground a bit.

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