Volvo entered the compact luxury SUV market – one of the most important growth areas – with the all new XC40 for the 2019 model year. Even though the Volvo XC40 is the least expensive SUV available in Volvo’s lineup, the vehicle still offers top quality with a long list of features and details. The 2020 model carries on with only minor changes to the feature list including the standard cloth seats and elimination of power-folding rear seats.