2023 Volvo XC40 Review, Pricing, and Specs

Overview

The spunky little sibling in the Volvo lineup is the 2023 XC40 SUV, which blends Volvo’s safety-first ethos and upscale ambiance with a more youthful character. The XC40’s cabin is practical and nicely trimmed, and the seating position is much higher than that of rivals such as the BMW X1 and the Mercedes-Benz GLA-class. A host of technology features are at the ready as well, including Volvo’s advanced driver-assistance tech and a new Google-based infotainment system. Two four-cylinder powertrains are available—both with a 48-volt hybrid system—but only the more powerful of the two has all-wheel drive. An electric version is also available if you’re looking for a more eco-friendly option, but we review the XC40 Recharge separately.

What’s New for 2023?

Not only has the 2023 XC40 adopted Volvo’s new Core, Plus, and Ultimate trim levels, but it has also swapped out its T4 and T5 four-cylinder powertrains for new B4 and B5 ones that feature a 48-volt hybrid system. To mark the occasion, Volvo has given the XC40 a light exterior styling refresh that includes revised headlamps, an updated front bumper and grille, and new wheel designs. Three new colors—Bright Dusk Metallic, Platinum Grey Metallic, and Silver Dawn Metallic—are available, as is a new City Block textile upholstery option. Inside, the XC40 transitions to Volvo’s newer Google-based infotainment system but retains the same 9.0-inch touchscreen display.

Pricing and Which One to Buy

We’d select the B5 because it has the more powerful 247-hp engine and offers all-wheel drive. We’d choose the mid-range Plus trim, as it comes standard with a panoramic sunroof, leather seats, LED fog lights, a power-folding rear seat, and a crystal gear selector.

Engine, Transmission, and Performance

Under the hood of every XC40 is a turbocharged 2.0-liter four-cylinder powertrain making either 194 horsepower in B4 form or 247 horsepower in the B5. Both feature a 48-volt hybrid system. The more powerful B5 pairs exclusively with all-wheel drive while the entry-level B4 comes only with front-wheel drive. At our test track, the all-wheel drive B5 model hit 60 mph in 6.1 seconds, which is slightly quicker than the older T5 version, which scooted to 60 mph in 6.2 seconds. The eight-speed automatic transmission handles gearchanges without delay and transmitted no harshness to the cabin while doing so. Our sole complaint was the coarse sound the engine emitted under heavy throttle. The XC40’s towing capacity—a rarity among subcompact-luxury crossovers—remains a stout 3500 pounds.

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Michael Simari

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Car and Driver

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Fuel Economy and Real-World MPG

The XC40’s EPA fuel-economy ratings are a class-competitive 24 mpg city and 32 mpg highway for the B4 model and 23 mpg city and 30 mpg highway for the B5. On our 75-mph highway fuel economy route, the XC40 B5 all-wheel drive delivered only 27 mpg. That’s not a great result given that it’s up against the more efficient Mercedes-Benz GLB250, which delivered 32 mpg in our testing. For more information about the XC40’s fuel economy, visit the EPA’s website.

Interior, Comfort, and Cargo

Contemporary Swedish styling meets fun and functional design inside the XC40. The cabin’s light and airy atmosphere imparts a truly upscale vibe even in the base Core trim. Passenger space is commodious in both the front and rear seats. As is the case with its more expensive stablemates—the XC60 and XC90—the XC40 is functional inside, well made, and beautifully designed—if not quite as plush and luxurious. Volvo designers took the opportunity to incorporate more youthful flourishes in the cabin of the Plus trim, such as the textured metallic trim in place of traditional wood inlays and rectilinear vents with floating chrome adjusters. Top-of-the-line Ultimate models sport a classier appearance, with driftwood trim and a shift knob crafted from Orrefors crystal. In our luggage test, the XC40 managed to accommodate 23 carry-on suitcases with its rear seats folded. Additionally, Volvo has integrated a number of inventive cargo-storage features throughout the XC40’s interior, such as a hook that flips out from the glovebox to hold takeout bags, a divider for the cargo area, and a removable garbage bin with a hinged door in the center console.

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Michael Simari

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Car and Driver

Infotainment and Connectivity

From its prominent position in the center of the XC40’s dashboard, Volvo’s Google-based infotainment system is projected brightly on a 9.0-inch touchscreen. Almost everything inside the cabin is controlled via this screen, but there are few physical buttons. System usability is a mixed bag: The main menus are intuitively arranged, but on-screen icons are too small, which makes them fussy to use on the go.

Safety and Driver-Assistance Features

Volvo offers plenty of driver-assistance tech as standard, including automated emergency braking. However, more advanced features including a semi-autonomous driving mode are optional. For more information about the XC40’s crash-test results, visit the National Highway Traffic Safety Administration (NHTSA) and Insurance Institute for Highway Safety (IIHS) websites. Key safety features include:

• Standard automated emergency braking with pedestrian detection
• Standard lane-departure warning with lane-keeping assist
• Available adaptive cruise control with a semi-autonomous driving mode

Warranty and Maintenance Coverage

Volvo’s warranty coverage is fair, and three years of complimentary scheduled maintenance are a nice perk. Unfortunately, there’s nothing here that makes the XC40 a standout among its rivals, which all offer roughly the same coverage.

• Limited warranty covers four years or 50,000 miles
• Powertrain warranty covers four years or 50,000 miles
• Complimentary scheduled maintenance is covered for three years or 36,000 miles

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Specifications

Specifications

2023 Volvo XC40 B5 AWD Ultimate
Vehicle Type: front-engine, all-wheel-drive, 4-passenger, 4-door wagon

PRICE

Base/As Tested: $47,595/$50,190
Options: 20-inch wheels and tires, $800; Sage Green metallic paint, $695; climate package – heated rear seats and steering wheel, $550; Pixel LED headlights, $350; hands-free power tailgate, $200

ENGINE

turbocharged and intercooled DOHC 16-valve inline-4, aluminum block and head, direct fuel injection
Displacement: 120 in3, 1969 cm3
Power: 247 hp @ 5700 rpm
Torque: 258 lb-ft @ 1800 rpm

TRANSMISSION

8-speed automatic

CHASSIS

Suspension, F/R: struts/multilink
Brakes, F/R: 12.7-in vented disc/11.9-in disc
Tires: Pirelli Scorpion Zero All Season

245/45R-20 103H M+S Extra Load VOL

DIMENSIONS

Wheelbase: 106.4 in
Length: 174.8 in
Width: 73.7 in

Height: 65.0
Passenger Volume: 95 ft3
Cargo Volume, min/max: 20/58 ft3
Curb Weight: 3929 lb

C/D TEST RESULTS

60 mph: 6.1 sec
1/4-Mile: 14.7 sec @ 94 mph
100 mph: 16.7 sec
Results above omit 1-ft rollout of 0.3 sec.
Rolling Start, 5–60 mph: 7.3 sec
Top Gear, 30–50 mph: 3.6 sec
Top Gear, 50–70 mph: 4.7 sec
Top Speed (gov ltd): 114 mph
Braking, 70–0 mph: 185 ft
Roadholding, 300-ft Skidpad: 0.85 g

C/D FUEL ECONOMY

Observed: 21 mpg
75-mph Highway Driving: 27 mpg
75-mph Highway Range: 380 mi

EPA FUEL ECONOMY

Combined/City/Highway: 26/23/30 mpg

C/D TESTING EXPLAINED

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