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Friday, August 21, 2009

Volkswagen recall

Volkswagen recall
The Volkswagen recall affects the 2009 model year and a limited number of 2010 Jetta, Jetta SportsWagen, GTI, and Eos vehicles. The Audi recall applies to 2009 MY A3, TT, and TT Roadster models equipped with S tronic transmissions. A limited number of 2010 MY A3 cars equipped with S tronic transmissions are also affected. Volkswagen of America is recalling about 13,500 vehicles to fix problems with a dual-clutch transmission that could lead to a warning appearing on the dashboard.
Volkswagen said some of its vehicles could have a faulty temperature sensor in the transmission, which could lead to the warning indicator lighting up. In rare cases, the transmission could shift into neutral. Audi also cited problems with warning lamps, and in rare cases, with the transmission going into neutral. Also yesterday, Audi of America, Volkswagen’s luxury division, announced its own recall of 2,500 vehicles, citing similar concerns. All of the vehicles were built between September 2008 and August 2009.
The DAX top-30 index looked set to open 0.4 percent higher on Friday, according to premarket data from brokers at 0607 GMT. The following are some of the factors that may move German stocks on Friday: Daimler indicated 0.8 percent lower. The popular U.S. government 'cash-for-clunkers' programme that gives rebates for car buyers trading in less fuel-efficient vehicles will end on Monday, the U.S. Transportation Department said on Thursday.

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