Volvo expects ‘a warm welcome from the fleet industry’ for its all-new V40, with industry experts predicting ‘rock-solid’ residual values.

Dealers are already taking orders for the new five-door hatchback, well in advance of its July launch, and leasing companies and value guides are reported to be positive about residual values, demand and desirability.

Selwyn Cooper, national corporate operations manager at Volvo Car UK, commented: "It is the most important car Volvo has launched in the past 20 years and much of its design, specification and technology have all been developed with the company motorist in mind.”

Jim McNally, head of pricing at Alphabet (UK) Fleet Management, added: "The new V40 is naturally going to compete with A3, 1-series, new A-Class and Lexus CT. From an RV perspective we believe it will be pretty strong, certainly not far off A3 or BMW 1 series."

Volvo showrooms will be open on the weekend of 21/22 July to showcase the car and customer deliveries are expected to start in September.