Volvo considering new flagship above XC90, little crossover below XC40

While on the way to selling 373,525 cars globally in 2010, then-Volvo CEO Stefan Jacoby said he believed the brand could double volume to 800,000 units by 2020. Having sold 340,826 Volvos around the world in the first half of 2019, current CEO Hakkan Samuelsson not only sees no need to back down from that prediction, the company is at work on the next steps for expansion. Samuelsson told Auto Express that after filling apparent holes in the carmaker's lineup, "we are not excluding the idea of additions," and that when it comes to crossovers, observers "should not exclude the idea that there might be a bigger one, but maybe also a smaller one."