For the new model year, the 2017 V40 comes a step closer to the company's updated face, including the 'Thor's Hammer' LED daytime-running light signature already seen on the XC90 SUV and S90/V90 sedan and wagon twins.
The price of entry has been lowered by $490 to $36,500 for the entry-level T3 Momentum variant.
Interestingly, Volvo has decided to switch the T3 and D2’s positioning in the line-up, as the diesel previously opened the range.
For 2017, the D2 Momentum now starts at $37,800, which is nearly $1000 higher than the outgoing D2 Kinetic but $190 cheaper than the previous T3 Kinetic.
Moving up to the T4 and D4 Inscription variants will cost you $43,500 and $44,990 respectively - between $1500 and $2000 less than the models they replace.
Sitting atop the regular range is the T5 R-Design, which kicks off at $48,990, $2000 less than the pre-facelift version.
The more rugged V40 Cross Country also receives the company’s new look, with a third variant added to the line-up.
Kicking-off the V40 Cross Country range is the new all-wheel drive T4 Momentum, which kicks off at $42,990 plus on-road costs - reducing the price of entry by more than $6000.
The mid-tier D4 Inscription replaces the D4 Luxury, starting at $46,990, $2300 less than before. Unlike the T4, the D4 is front-wheel drive.
Serving as the flagship V40 variant is the Cross Country T5 Inscription, taking over the previous T5 Luxury range-topper.
Now $3300 more affordable than before, the high-riding T5 Inscription retains its all-wheel drive layout, starting at $50,990.
Standard equipment on the entry-level T3 Momentum includes 16-inch alloy wheels, eight-speaker sound system, dual-zone climate control, rear-view camera, front and rear parking sensors, LED headlights, heated folding mirrors, automatic wipers, and an electrically-adjustable driver's seat with memory function.
At the top of the range, the Cross Country T5 Inscription features niceties such as larger 18-inch alloy wheels, an active bonnet, satellite navigation and automated parking.
Optional across the range (rather than being standard, as they now are with the S90 and XC90), are Volvo’s driver assistance systems, including adaptive cruise control, blind spot monitoring and rear cross-traffic alert and autonomous emergency braking with pedestrian and cyclist detection.
Also offered are performance upgrades courtesy of Polestar, Volvo's tuning company. CarAdvice is driving a Polestar-equipped V40 D4 Inscription this week, with features including cosmetic upgrades inside and out, optimised engine software, stainless steel exhaust, sports air filter and bumped peak outputs from 140kW/400Nm to 147kW/440Nm and improves acceleration from 0-100km/h by 0.1 seconds to 7.1 seconds. Stay tuned for our review.
Volvo's local arm has confirmed the V40's interior and powertrains are otherwise unchanged, though the 2017 engine range comes with the Euro 6 specification.
The 2017 Volvo V40 range is on sale now.