New Volvo V40 prices announced

Volvo has announced more details of its new V40, which is aimed squarely at the new Audi A3 and BMW 1 Series.

Prices start at £19,745 for the ES 115bhp diesel, rising to just under £27,000 for the 180bhp SE Lux (petrol and diesel have the same power and price). In a sign of the times, there is no entry-level petrol model: it's the 150bhp turbocharged 1.6 litre from the Ford Focus Ecoboost or nothing.