Volvo planning to take on Bmw 1-Series and X1 with two new models

It appears that Volvo is planning to expand its lineup and is considering the addition of two models: a rival to the Bmw 1-Series by also on the X1 compact crossover.
The new sedan will be placed below the S40, according to Doug Speck, CEO of Volvo Cars of North America. Furthermore, the S40 will be phased out in the next two years due to the fact that it is too close in size to the 2011 S60 sedan.
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