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Volvo shows off the new XC40 [w/ poll]

Just yesterday Volvo finally took the wraps off its latest model, the new XC40. Aimed squarely at the premium compact SUV market, and models like the Audi Q3, BMW X1, Mercedes-Benz GLA and Range Rover Evoque, the XC40 is the first all-new model line the Swedish automarker has introduced since it launched the XC60 in 2008. Seeing as the XC60 did rather well in the European (figures) and US (figures) markets, the question on everyone’s minds is: has Volvo done it again?

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Daily Tracker
Oil Crisis Monitor
Updated: Oct 22, 2026 — 4:20 AM MT
Strait of Hormuz
235
Days
Day 235 — IRGC says 7 tankers hit (unconfirmed); 4 killed in Saudi attacks. The strait remains closed.
Day 235: Iran's IRGC Navy says seven tankers were hit in the strait (unconfirmed); Saudi authorities report four killed in Eastern Province attacks.
Brent Crude
+48.8% since closure
$108.82
/bbl
Today: +$0.03 (+0.0%)
U.S. Gas Avg
+42.3% since closure
$4.27
/gal
Today: +$0.01
WTI Crude
+40.8% since closure
$97.15
/bbl
Today: −$0.67 (−0.7%)
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IMF PortWatch weekly Hormuz transit update
5 days
Oct 27
USMCA Tariffs
25% IEEPA + 232 duties
IN EFFECT
204
Day
2026 SAAR Forecast
16.1–16.8M
▼ 16.8M
prev. forecast
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