Unclear when the new 40-Series models will appear

A replacement for the Volvo V40 has been confirmed by the Swedish brand, although no timing has yet to be announced.

Volvo says it will launch "new models on its Compact Modular Architecture (CMA), replacing the current V40".

Spy photos for these new models have yet to emerge. The current V40 was launched globally in 2012, and given a facelift (above) in 2016.

The company previewed a new CMA-based sedan, likely to be badged as the S40, with the Concept 40.2 in 2016. It's more than probable this model will be accompanied by a new hatch, wagon or maybe both.

Geely's luxury marque currently has 80,000 orders for the recently-introduced XC40 crossover.

“The XC40’s success has surpassed even our highest expectations,” Håkan Samuelsson, Volvo's CEO, said in a prepared statement.

Given the car's popularity, Volvo is increasing the production rate at its factory in Ghent, Belgium. The model will also be made in Luqiao, China, from the first half next year.

The XC40 (above) recently went on sale in Australia, and during April, its first full month on sale, it notched up 157 sales, putting it in fourth place behind the Mercedes-Benz GLA (297), BMW X1 (218), and Audi Q3 (177) in the small luxury SUV segment.

It's also just ahead of the Audi Q2 (155), and comfortably in front of the Jaguar E-Pace (91), Mini Countryman (79), BMW X2 (70), and Infiniti Q30/QX30 (13).