This engine is just right for the car, and provides adequate power. Check back in a year. This is a nice car to drive. It feels solid, and handles very well. Front wheel drive should give it good traction in the rain and snow.
Traction control is available.
The standard antilock brakes are very good. Love it or hate it, the V40 has that distinctive Volvo aroma. Our car had leather seats, with fanny warmers included as part of a cold weather package. Volvo is famous for its orthopedic seats, and the V40 is no exception. They felt supportive and cushy.