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Volvo recalls 21,000 cars over faulty fan

Sweden's Volvo Cars is set to recall will recall over 21,000 vehicles across Europe due to reports of faulty cooling fans, according to a company spokesperson on Monday.

Volvo recalls 21,000 cars over faulty fan

The automotive company will ensure that the fan works correctly by installing a plastic cover, spokesperson Maria Bohlin said.

“There is a control module in the cooling system and because there was a manufacturing problem with this module… water might get into it and in the worse case scenario lead to short circuits,” Bohlin told AFP.

Some 21,380 Volvo owners of selected 2007 diesel models will be asked to return their cars to dealerships to have the cooling system repaired, Bohlin said.

The recall affects four-cylinder diesel engine models of Volvo’s C30 hatchback, its S40 compact saloon and its sister model, the V50 estate.

Bohlin said no customer had been injured as a result of the defect and said letters had already been sent out to Volvo owners asking them to arrange an appointment with their local dealers.

Volvo Cars, owned by the US automaker Ford, is reportedly an acquisition target for three Chinese automakers after its parent company announced last December it was ready to sell the Swedish brand.

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CHINA

Sweden’s Volvo Cars may merge with Chinese owner Geely

Sweden's Volvo Cars and its Chinese owner Geely announced on Monday that they are considering merging into a single group in order to share resources, but would preserve their separate brands.

Sweden's Volvo Cars may merge with Chinese owner Geely
File photo of a Volvo test-drive. Photo: Christine Olsson / TT

The merged firm “would have the scale, knowledge and resources to be a leader in the ongoing transformation of the automotive industry,” they said in a statement.

“The combination would preserve the distinct identity of each of the brands Volvo, Geely, Lynk & Co and Polestar,” they added.

Geely bought Volvo in 2010 from Ford which hadn't been able to turn around the Swedish automaker. But under the Chinese firm Volvo has rebounded and smashed its sales records.

Volvo sold more than 705,000 vehicles in 2019, besting the record it set in 2018 by 10 percent, and the automaker expects continued growth this year.

The statement said the firms would create a joint working group to prepare a proposal for the boards of both firms.

“A combined company would have access to the global capital market through Hong Kong and with the intention to subsequently list in Stockholm as well,” it added.

Volvo put off a share listing in 2018 due to tensions in global markets.

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