Volvo is all set to launch the XC40 on 4th July and this SUV will rival the likes of the Audi Q3, BMW X1 and the Mercedes-Benz GLA. The XC40 will be imported as CBU (completely built unit) and will only be offered in one trim, the R Design. Expected to be priced around Rs 35-40 lakh, ex-showroom, the XC40 …