The Volvo XC40 has been named the 2018 European Car of the Year, just a few months after the Swedish carmaker secured the 2017-2018 Japan Car of the Year award for the XC60. Volvo first revealed its compact SUV back in September last year, and more recently, gave it an update.

“Winning this award with our new XC40 is perfect timing. Volvo now has three globally available SUVs in its range for the first time. The XC40 will be a strong contributor to further growth, taking us into a new and fast-growing small SUV segment,” said Håkan Samuelsson, president and CEO of Volvo Cars.

The XC40 represents many firsts for Volvo, as it is the first model to ride on the company’s Compact Modular Architecture (CMA) that was co-developed together with Geely. Moreover, the SUV is the first to be offered via the Care by Volvo subscription service as well as a car-sharing feature.

According to Volvo, early orders for the model are now in excess of 20,000 cars across Europe and the United States. The XC40 will soon make its launch debut in China, where the company is expecting a similarly high level of interest. As for us here in Malaysia, we are expecting an introduction to take place by Q3 this year.

In order to take the top spot, the XC40 had to beat out other finalists that include the Alfa Romeo Stelvio, Audi A8, BMW 5 Series, Citroen C3 Aircross, Kia Stinger and Seat Ibiza.

GALLERY: Volvo XC40