First of all, no. Second of all, WTF. Finally, great idea! Make a niche car that competes with your other niche car!
Sounds like an infallable plan. The good thing about the C30 and the bad thing about the V50 are the same: the price and we can't see how Volvo is going to distinguish between the two lines enough so that they don't cannabilize the other. Unless that's the plan, of course: kill off the V50.
Volvo, you killing off the V50?
That's a snap of the 2008 Volvo C30 and, yeah, it's awesome. But only as a two-door hatch. Leaving the wagonin' for the V line.