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2023 Volvo XC40 B5 Plus

The 2023 Volvo XC40 B5 Plus is a 250-hp 2.0-liter turbocharged with an 8-speed geartronic automatic and all-wheel drive. It starts at $42,750 MSRP and is rated at 26 mpg combined.

It makes 250 horsepower at 5,400 rpm and 258 lb-ft of torque. EPA fuel-economy estimates are 23 mpg city and 30 mpg highway (26 mpg combined).

The XC40 measures 174.8 inches long on a 106.4-inch wheelbase.

Spec Value
Vehicle
Body TypeSUV
PowertrainGas
Price
MSRP$42,750
MSRP with Destination$43,845
Destination Charge$1,095
Engine
Engine Type2.0-liter 4-cylinder turbocharged mild hybrid (B5 AWD)
Displacement2 L
Horsepower250 hp @ 5,400 rpm
Torque258 lb-ft
Injection TypeGasoline direct injection (SIDI); mild hybrid
Drivetrain
Drive TypeAWD
Transmission
Transmission8-speed Geartronic automatic
Fuel Economy
City23 MPG
Highway30 MPG
Combined26 MPG
Recommended FuelPremium
Dimensions & Weight
Length174.8 in
Width73.7 in
Height65 in
Wheelbase106.4 in
Front Track63 in
Rear Track64 in
Ground Clearance8.1 in

Similar cars

Rivals to the 2023 Volvo XC40 B5 Plus with similar size, power and price from around the same years.

Safety & Recalls

NCAP safety ratings

Not crash-tested by NHTSA for this model year.

Recalls

4 recalls on file with NHTSA for the 2023 Volvo XC40. Not every recall applies to every trim or VIN — check yours at nhtsa.gov/recalls.

Dec 23, 2025 · BACK OVER PREVENTION:SOFTWARE

Volvo Car USA, LLC (Volvo Car) is recalling certain 2021-2025 XC40, 2022 V90, 2022-2024 C40BEV, 2022-2025 S90, V90CC, XC60, 2023-2025 S60, V60, V60CC, XC90, and 2025 EC40, and EX40 vehicles. The rearview camera image may not display when the vehicle is placed in reverse. As such, these vehicles fail to comply with the requirements of Federal Motor Vehicle Safety Standard number 111, "Rear Visibility."

Consequence: A rearview camera image that does not display reduces the driver's view behind the vehicle, increasing the risk of a crash.

Remedy: The software will be updated by a dealer or through an over-the-air (OTA) update, free of charge. Owner notification letters were mailed February 24, 2026. Owners may contact Volvo Car’s customer service at 1-800-458-1552. Volvo Car's number for this recall is R10333. Vehicle Identification Numbers (VINs) involved in this recall will be searchable on NHTSA.gov beginning February 16, 2026. This recall replaces previous NHTSA recall number 25V282. Vehicles previously repaired under recall 25V282 will need to have the new remedy performed.

NHTSA campaign 25V908000

May 8, 2025 · BACK OVER PREVENTION:SOFTWARE

Volvo Car USA, LLC (Volvo Car) is recalling certain 2021-2025 XC40, 2022 V90, 2022-2025 S90, V90CC, C40, XC60, 2023-2025 S60, V60, V60CC, XC90, and 2025 EC40 and EX40 vehicles. The rearview camera image may not display when the vehicle is placed in reverse. As such, these vehicles fail to comply with the requirements of Federal Motor Vehicle Safety Standard number 111, "Rear Visibility."

Consequence: 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.

Remedy: The software will be updated by a dealer or through an over-the-air (OTA) update, free of charge. Owner notification letters were mailed June 27, 2025. Owners may contact Volvo Car customer service at 1-800-458-1552. Volvo Car's number for this recall is R10320.

NHTSA campaign 25V282000

Mar 22, 2023 · ELECTRICAL SYSTEM

Volvo Car USA, LLC (Volvo Car) is recalling certain 2023 S60, V60CC, XC60, XC90, XC40, and C40 vehicles. A diagnostic trouble code (DTC) may be falsely detected for the emergency call system (e-call) and display "e-Call Service Required" in the driver information module (DIM).

Consequence: The false warning message could prevent the detection of an actual e-call system failure, which could delay an emergency response during a crash, increasing the risk of injury.

Remedy: Dealers will update the telematics and connectivity antenna module (TCAM) software, free of charge. Owner notification letters are expected to be mailed May 16, 2023. Owners may contact Volvo Car's customer service 1-800-458-1552. Volvo Car's number for this recall is R10225.

NHTSA campaign 23V188000

Jan 19, 2023 · SERVICE BRAKES, HYDRAULIC

Volvo Car USA, LLC (Volvo Car) is recalling certain 2023 S60, V60, V60CC, V90CC, XC60, XC90, XC40, and C40 vehicles. A diagnostic error in the Brake Control Module 2 (BCM2) may cause a loss of Antilock Brake System (ABS), Electronic Stability Control (ESC), and traction control.

Consequence: A reduction in brake support functions can increase the risk of a crash.

Remedy: Volvo will release an over-the-air (OTA) BCM2 software update, free of charge. Owner notification letters are expected to be mailed March 15, 2023. Owners may contact Volvo Car customer service at 1-800-458-1552. Volvo Car's number for this recall is R10217.

NHTSA campaign 23V012000

1 owner complaint to NHTSA for the 2023 Volvo XC40BEV

Owner Complaints

1 owner complaint filed with NHTSA for the 2023 Volvo XC40BEV. See all on nhtsa.gov

Most-cited areas
Hydraulic; Autohold Brake System/Brake Hold1
Service Brakes1
A complaint can cite more than one area.
Most recent complaints
Feb 10, 2026 · Service Brakes, Hydraulic; Autohold Brake System/Brake Hold
“The contact owns a 2023 Volvo XC40 BEV. The contact stated that after the brake module OTA firmware update, the brakes became inoperable. The OTA update removed the AUTO-HOLD function. While…”

Complaints are unverified reports submitted to NHTSA by owners. They cover the whole model year, not a specific trim, and a count alone doesn't show how common a problem is.

Source: US National Highway Traffic Safety Administration (nhtsa.gov), matched as 2023 VOLVO XC40. US-market vehicles only; data cached for up to 7 days.

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