2024 Volvo XC40 — Full Specifications
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The 2024 Volvo XC40 is an SUV powered by a 2L 4-cyl turbo premium gasoline engine. It returns around 31 mpg (UK) / 26 mpg (US EPA) combined. Owners often keep a Volvo XC40 workshop manual to hand for servicing and repairs.
Compared with the 2023 Volvo XC40: Fuel economy is essentially unchanged at around 31 mpg (UK) combined. The engine line-up listed by EPA is unchanged. It carries the same 5★ overall NHTSA rating.
Full Specifications
| Engine | 2L 4-cyl turbo |
|---|---|
| Transmission | Automatic (S8) |
| Fuel Type | Premium Gasoline |
| Powertrain | Hybrid |
| Drive | All-Wheel Drive |
| Body Style | SUV |
| Fuel Economy (UK) | 31 combined / 29 urban / 36 extra-urban mpg |
| Fuel Economy (US EPA) | 26 combined / 24 city / 30 highway mpg |
| CO₂ Emissions | 210 g/km |
| EPA Greenhouse Gas Score | 5 / 10 (10 = lowest emissions) |
| EPA Est. Annual Fuel Cost | $3,150 (15,000 mi/yr, US prices) |
Engine & Transmission Options
EPA lists 1 configuration for the 2024 Volvo XC40, all with the 2L 4-cyl turbo engine. The headline figures at the top of this page describe the most fuel-efficient configuration.
| Engine | Transmission | Drive | MPG (UK) | MPG (US) | CO₂ g/km | Fuel cost / yr |
|---|---|---|---|---|---|---|
| 2L 4-cyl turbo (Hybrid) | Automatic (S8) | All-Wheel Drive | 31 | 26 (24/30) | 210 | $3,150 |
MPG (US) shows combined, with city/highway in brackets. Highlighted row = the configuration used for the headline figures. Source: US EPA fueleconomy.gov.
Owner Essentials for the 2024 Volvo XC40
Running Costs: 2024 Volvo XC40
Covering around 8,000 miles a year in a 2024 Volvo XC40 at 31 mpg combined, expect roughly 1,173 litres of fuel annually — multiply by your local price per litre for a cost estimate. For US owners, the EPA estimates about $3,150 a year in fuel for the most efficient configuration (15,000 miles, national average prices). Work out exact fuel costs with the fuel cost calculator on 247Calculators.
Convert between MPG and L/100km with the unit converters on 247QuickTools. Not sure what tyre size fits? 247TyreCheck explains tyre sizing.
Planning a road trip? Grab a road trip packing list. Only need this car occasionally? See our buy vs rent comparison.
2024 Volvo XC40 Safety Ratings (NHTSA)
Recalls & Owner Complaints (NHTSA)
NHTSA lists 4 safety recall campaigns that include the 2024 Volvo XC40 (as of 6 October 2026). Most affected areas: Back over prevention (2), Service brakes (1), Electrical system (1). A campaign often covers several model years or models, so check your own VIN to see whether your car is affected.
- Back over prevention — campaign 25V908000, reported 23 December 2025. Risk: A rearview camera image that does not display reduces the driver's view behind the vehicle, increasing the risk of a crash.
- Service brakes — campaign 25V392000, reported 12 June 2025. Risk: A loss of brake function increases the risk of a crash.
- Back over prevention — campaign 25V282000, reported 8 May 2025. Risk: A rearview camera image that does not display reduces the driver's view of what is behind the vehicle, increasing the risk of a crash.
- Electrical system — campaign 24V010000, reported 10 January 2024. Risk: A nonfunctioning exterior turn signal may not notify other drivers of a turning vehicle, increasing the risk of a crash.
Owners have filed 28 complaints with NHTSA about the 2024 Volvo XC40. The most-reported areas are Service brakes (8), Unspecified (7), Back over prevention (7). Complaints include 5 reported crashes, 3 reported injuries. That is close to the median of 29 complaints across the 8 Volvo XC40 model years in our data.
Used-buyer checklist for the 2024 Volvo XC40
Based on where NHTSA recalls and owner complaints cluster for this model year, these are the areas worth checking before you buy:
- Brakes (1 recall campaign · 8 owner complaints) — Brake firmly from speed and look for pulling, vibration or a soft pedal; ask for brake service history.
- Electrical system (1 recall campaign · 7 owner complaints) — Test every switch, window, light and warning lamp on a test drive, and ask about battery or alternator replacements.
Source: US NHTSA recall and consumer-complaint databases, retrieved 6 October 2026. Complaints are unverified owner reports, not confirmed defects. Check any vehicle by VIN at nhtsa.gov/recalls, and see our guide to checking a used car for recalls.
How It Compares
How does the Volvo XC40 compare to similar SUVs? For context, SUVs in our database average around 27 mpg (UK) combined — this model's 31 mpg figure is 4 mpg better than that average. Its 210 g/km CO₂ figure is 43 g/km lower than the 253 g/km average for SUVs on this site. This comparison is based on 1824 SUVs in our dataset.
At 31 mpg (UK) combined it sits close to the 30 mpg average for Volvo models in our database.
Of the 8 Volvo XC40 model years we cover, the 2024 ranks 5th for combined fuel economy on its best configuration (31 mpg UK combined, against a high of 32 mpg). See every Volvo XC40 year side by side.
Last updated: · Data: US EPA (fueleconomy.gov) and NHTSA safety ratings 18 July 2026; NHTSA recalls and complaints 6 October 2026; Wikidata & curated EU catalogue 18 July 2026; European generation and engine data from Wikipedia 7 October 2026
Vehicle data sourced from manufacturer specifications. Always verify with your vehicle handbook or a qualified mechanic. This is a reference tool, not professional advice.
Recommended Accessories for the 2024 Volvo XC40
Frequently Asked Questions
What engine does the 2024 Volvo XC40 have?
It's fitted with a 2L 4-cyl turbo premium gasoline engine, paired with a automatic (s8) transmission.
What is the fuel economy of the 2024 Volvo XC40?
The most efficient configuration returns around 31 mpg (UK) combined, or 26 mpg on the US EPA cycle.
How much does the 2024 Volvo XC40 cost to fuel per year?
The US EPA estimates about $3,150 a year in fuel for the most efficient configuration, based on 15,000 miles of mixed driving and national average fuel prices. Your own cost will depend on mileage and local prices.
Does the 2024 Volvo XC40 have a good safety rating?
It holds an overall NHTSA rating of 5 stars, with 5 stars for frontal crash protection.
Does the 2024 Volvo XC40 have any recalls?
NHTSA lists 4 safety recall campaigns that include the 2024 Volvo XC40 (as of 6 October 2026). Most affected areas: Back over prevention (2), Service brakes (1), Electrical system (1). A campaign often covers several model years or models, so check your own VIN to see whether your car is affected.
What are the most common problems reported for the 2024 Volvo XC40?
Among the 28 owner complaints filed with NHTSA, the most-reported areas are Service brakes (8 complaints), Unspecified (7 complaints), Back over prevention (7 complaints). Complaints are unverified owner reports, not confirmed defects, and raw counts rise with how many cars were sold.
Is the Volvo XC40's fuel economy good for an SUV?
Yes — it returns around 31 mpg (UK) combined, against a same-body-style average of roughly 27 mpg among the SUVs we track, making it one of the more efficient options in its class.